Commercial Building for Sale
2-Story Income Property Opposite Universidad Nacional Chitre
Near Universidad Nacional, Chitre, Chitre
USD590,000
8
8
990.0 m²
10
About this Commercial Building
Investment opportunity: mixed-use two-story commercial property facing Universidad Nacional main campus in Chitre. Comprises 8 rental studio apartments on the upper floor, 3 retail storefronts plus a storage warehouse on the ground level. Robust foundation and city permits approved for an additional 2 levels build-out to expand income potential. Currently 90% leased to long-term tenants providing stable monthly returns. Ideal strategic location benefiting from heavy student and commuter footfall. Includes parking for tenants and clients. Offers 990 m² construction on solid commercial lot with excellent street visibility and signage. Secure a prime position in Herrera’s most dynamic growth zone. Contact Casa Nova Realty Panama Panama to schedule your viewing.
Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 3kKCyW7.
Key Features
- 8 studio apartments on second floor
- 3 street-level commercial storefronts
- Storage warehouse ground level
- Corner visibility with high foot and vehicle traffic
- Expansion plans + foundation prepared to add 2 floors
- Parking for tenants and customers
- Excellent rental income potential
- Prime location facing Universidad Nacional in Chitre
Detailed Features
Outdoor
Property Details
TypeCommercial Building
CategoryMixed-Use
Size990 m²
Bedrooms8
Bathrooms8
Parking10
FurnishedNo
Pets AllowedNo
Price/m²USD595.96 / m²
Listing ID3kKCyW7
Chitre University Commercial Plaza Amenities
Parking Lot
On-site parking for tenants and customers
Separate Entrances
Independent access points to each commercial unit and apartment
Ground Floor Storefronts
Retail spaces with large display windows facing main road
Upper Floor Studios
8 rental studio apartments with private access
Storage Bodega
Spacious storage or utility area on ground floor
Expansion Potential
Approved plans and foundation to build 2 additional floors
Location & Nearby
Neighborhood Highlights
- Directly facing Universidad Nacional campus
- High pedestrian and bus commuter traffic
- Close to Chitre's main commercial hub
- Proximity to government offices, banks and supermarkets
- Established commercial zone with excellent investment appeal
Nearby Landmarks
- Universidad Nacional (10m)
- Super Carnes Supermarket (500m)
- Chitre Bus Terminal (1 km)
- Plaza Azuero Mall (2 km)
- Hospital Cecilio Castillero (1 km)