Abandoned colonial building ruin with peeling paint and balconies in Casco Viejo Panama

Exterior: Exterior view of historic dilapidated building structure for redevelopment.

Colonial facade with cracking paint and balcony needs renovation in Casco Viejo Panama

Exterior: Street view of colonial-style dilapidated property ready for renovation.

Partially ruined historic building with exposed brick and rubble in Casco Viejo

Exterior: Exterior of abandoned colonial structure ready for redevelopment.

Dilapidated colonial house with collapsed parts and graffiti near Panama City's historic center

Exterior: Old colonial damaged house façade, potential for redevelopment.

Crumbling historic facade with balcony and exposed brick Casco Viejo Panama

Exterior: Heritage protected facade ideal for restoration project.

Windows and balconies on abandoned colonial building façade Casco Viejo Panama

Exterior: Multiple colonial facades ideal for redevelopment investment.

Heavily damaged colonial building with exposed interiors Panama Casco Viejo

Exterior: Historic abandoned building ideal investment for restoration or rebuild.

Land / Development Site for Sale

Historic Casco Viejo Lot for Redevelopment San Felipe Panama

Casco Viejo Historic Quarter, San Felipe, Panama City

USD250,000

About this Land / Development Site

Unique investment opportunity in the heart of historic Casco Viejo. This 112m² lot is located on Calle 1a Oeste, steps from Plaza de Francia, Las Bóvedas and the bustling dining district. Ideal for a boutique hotel, apartments, or commercial space with colonial charm. While the existing abandoned structure has suffered partial fire damage, it is ready for full restoration or redevelopment under heritage guidelines. Enjoy vibrant cultural surroundings, tourist traffic, and ocean view walkways. Close to museums, cathedrals, and entertainment. Priced at $250,000, this is your chance to own a rare piece of Panama City’s UNESCO World Heritage zone. Contact Casa Nova Realty Panama to schedule a visit.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 9W1jRwS.

Key Features

Prime Casco Viejo location with colonial facade
Opportunity for custom restoration or new project
Partial existing abandoned building for rebuild
Located within UNESCO-protected zone
Near tourist attractions and waterfront
Flexible for boutique residential or commercial use
Heritage charm with modern potential

Detailed Features

Outdoor

Property Details

TypeLand / Development Site

CategoryCommercial / Residential

Lot Size112 m²

FurnishedNo

Pets AllowedNo

Listing ID9W1jRwS

Casco Viejo Colonial Block Amenities

UNESCO World Heritage District

Located in protected historic Casco Viejo zone

Pedestrian Friendly

Charming walkable colonial streets

Security Surveillance

Patrolled tourist police and neighborhood watch

Cultural Attractions

Proximity to churches, museums, cultural centers

Dining/Entertainment

Abundant selection of bars, cafes, restaurants

Oceanfront Walkways

Close to Cinta Costera 3 promenade

Boutique Shopping

Local artisan stores and markets

Location & Nearby

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Neighborhood Highlights

Colonial pedestrian streets with brick paving
Major tourist hotspot with museums and plazas
Close to Plaza de Francia, Las Bóvedas, Paseo Esteban Huertas
Near the Canal Museum and the Museum of the Mola
Vibrant dining, rooftop bars, boutique hotels
Multi-use historic neighborhood protected by UNESCO

Nearby Landmarks

Cinta Costera 3 (100m)
Plaza de Francia (80m)
Museo del Canal Interoceánico (300m)
Cathedral Basilica Santa Maria la Antigua (250m)
Las Bóvedas (90m)

*Disclaimer: Property information is deemed reliable but not guaranteed and should be independently verified. Availability, price, and details are subject to change. Measurements are approximate. Listing ID: 9W1jRwS. Last updated: 2025-11-07T23:59:00Z*