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Two-story pink colonial building on Calle B Casco Viejo with balconies and murals corner lot
Exterior: Corner view of colonial Casa Alba featuring colorful murals and traditional balconies in Santa Ana.
Ground floor street retail shops Casa Alba building Casco Viejo vibrant murals
Commercial: Commercial spaces on street level with high visibility and pedestrian foot traffic.
Rustic industrial dining hall with string lights colonial Casa Alba Casco Viejo Panama
Dining area: High ceiling dining area ready to be converted into boutique restaurant or cafe.
Industrial kitchen stainless equipment colonial building Casa Alba Casco Viejo
Kitchen: Fully equipped commercial kitchen area with stainless steel appliances perfect for restaurant.
Pink colonial corner building with panther mural outdoor cafe potential Casco Viejo
Exterior: Iconic murals and historic facade enhancing appeal for business and visitors.
Building for Sale

Historic Casa Alba Mixed-Use Building for Sale Casco Viejo

Casco Viejo, Santa Ana / El Nuevo Casco, San Felipe, Panama City

USD590,000
3 3 285.0 m²

About this Building

Seize this investment opportunity with Casa Alba, a charming colonial building in Panama City's emerging El Nuevo Casco, neighboring Casco Viejo. Featuring 285 m² of construction over a 134 m² lot, it includes two commercial spaces at street level and three fully rented apartments upstairs, ensuring immediate rental income. Its prime location facing the vibrant Plaza Santa Ana offers high visibility for retail and excellent access for residents. Perfect for restoration, with high ceilings, balconies, colonial façades, and zoning RMH2-C2 enabling flexible commercial and residential uses. Ideal for boutique hotels, restaurants, cultural centers or upscale apartments, all within UNESCO's historic district. Listed at $590,000 – an incredible value for a property poised to benefit from Casco’s rapid regeneration. Contact Casa Nova Realty Panama today!

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 3hxmJzZ.

Key Features

  • Mixed-use configuration with rental income
  • Two ground-floor commercial spaces
  • Three upper floor apartments
  • Colonial balconies and original features
  • Prime visibility across Plaza Santa Ana
  • Renovation potential with historic character
  • Zoning for commerce, hotel, or residential
  • Located in vibrant UNESCO historic district
  • Emerging El Nuevo Casco regeneration area

Detailed Features

Property Details

TypeBuilding
CategoryCommercial & Residential mixed-use
Size285 m²
Lot Size134 m²
Bedrooms3
Bathrooms3
FurnishedNo
Pets AllowedNo
Price/m²USD2,070.18 / m²
Listing ID3hxmJzZ

Casa Alba Amenities

Balconies

Multiple balconies with street and plaza views

Commercial spaces

Two ground floor commercial retail areas

Residential apartments

Three residential units on upper floor

Renovation potential

Historic building ready for restoration

High ceilings

Classic colonial architecture high ceilings

Rustic dining hall areas

Spaces for restaurant or cafe conversion

Aerial views over Casco

Rooftop potential with skyline and bay views

Location & Nearby

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Neighborhood Highlights

  • Located in UNESCO Casco Viejo Historic District
  • Directly across Plaza Santa Ana & Iglesia Santa Ana
  • Vibrant emerging El Nuevo Casco area
  • Surrounded by boutique hotels, cafes, nightlife
  • Cobblestone streets and colonial architecture
  • Close walking distance to tourist attractions and Cinta Costera

Nearby Landmarks

  • Plaza Santa Ana (50m)
  • Iglesia de Santa Ana (60m)
  • Plaza Herrera (350m)
  • Cinta Costera (200m)
  • National Theatre (700m)
  • Plaza Independencia (650m)
*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: 3hxmJzZ. Last updated: 2025-11-07T23:59:00Z*

Frequently Asked Questions

What is the asking price for this property?
The asking price for this building is $590,000 USD.
Where is this property located?
This property is located in San Felipe, Panama City, Panama. Contact Casa Nova Realty for the exact address and to schedule a viewing.
How many bedrooms and bathrooms does this property have?
This building has 3 bedroom(s) and 3 bathroom(s), with a total area of 285 square meters.
How can I schedule a viewing of this property?
To schedule a viewing, contact Casa Nova Realty Panama at +507-6361-1367 (phone or WhatsApp) or email info@casanova.realty. Our bilingual team is available Monday-Friday 9AM-6PM and Saturday 10AM-2PM.
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