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Mixed-Use Commercial Building for Sale

Casco Viejo Premium Commercial Building for Sale Panama

Casco Viejo, San Felipe, Panama City

USD6,100,000
15 20 1800.0 m² 31

About this Mixed-Use Commercial Building

Exceptional investment opportunity: premium historic Casco Viejo building with sea views, top tenants, flexible conversion potential. This fully modernized Colonial Revival landmark features approx. 1,800m2 total built area, including 1,046 m2 commercial spaces, 651 m2 offices, and 103 m2 parking. Multi-tenant income of $480,000/year from anchors like Museo de la Mola, Felipe Motta, and acclaimed Fonda Lo Que Hay. Amenities include 31-car mechanized parking, 375kW generator, elevators, rooftop terraces with panoramic views. Built/restored in phases (2010-2020), preserving original architecture. Potential to add 18 residential/hotel units or prime retail expansion. Casco Viejo is UNESCO World Heritage, Panama’s #2 tourist hotspot, blocks from new cruise terminal. Listed at $6.1M, approx. $3,388/m2 – excellent value and growth upside. Contact Casa Nova Realty Panama today.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 4wfG9P5.

Key Features

  • Mixed-use with premium retail, offices, dining
  • Two rooftop terraces with panoramic views
  • Rare 31-car automated parking garage
  • Signed lease income $480k/year
  • Flexible conversion to hotel/residential
  • Updated mechanical, electrical and plumbing
  • Colonial Revival restored historic façade
  • Prime UNESCO Casco Viejo location
  • Top tenants including landmark cultural and culinary destinations

Detailed Features

Property Details

TypeMixed-use Commercial Building
CategoryCommercial Investment
Size1800 m²
Lot Size1100 m²
Bedrooms15
Bathrooms20
Parking31
FurnishedNo
Pets AllowedNo
Price/m²USD3,388.89 / m²
Listing ID4wfG9P5
Year Built2020

Casco Viejo Heritage Building Amenities

Mechanized Parking Garage

31-space Klaus Parking automated system (Germany)

Backup Generator

375kW HIMOINSA-HFW-375 generator for entire building

Two Elevators

Dual elevator access to all floors

Two Rooftop Terraces

Rooftop areas with panoramic sea and city views

Historic Mosaic Courtyard

Preserved 1940s courtyard mosaic designs

Retail and Restaurant Spaces

Premium ground floor commercial units with top tenants

Modernized MEP Systems

Upgraded mechanical, electrical and plumbing throughout

Flexible Conversion Potential

Zoning permits hotel or residential conversion of upper floors

Location & Nearby

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Neighborhood Highlights

  • Located in UNESCO World Heritage historic district of Casco Viejo
  • Close to Panama Presidential Palace and Ministry of Foreign Affairs
  • Vibrant nightlife, top restaurants and cultural sites
  • Near new cruise terminal and convention center
  • Walking distance to Plaza Catedral, Plaza Francia, Plaza Bolívar
  • Area revitalized with over $1 billion in public and private investments

Nearby Landmarks

  • Presidential Palace (Palacio de las Garzas) (150m)
  • Museo de la Mola (0m)
  • Fonda Lo Que Hay Restaurant (0m)
  • Plaza Catedral (200m)
  • Cinta Costera Coastal Beltway (400m)
  • Cruise Terminal Panama (500m)
*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: 4wfG9P5. Last updated: 2025-11-07T23:59:00Z*
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