Exterior view of multifamily commercial building with parking and shop in Via España Obarrio Panama

Facade / Commercial storefront: Mixed-use building with street-front shop and upper-level apartments near metro Obarrio.

Secure gated entry of building with metal doors and tiled floors in Obarrio Panama

Entryway / Parking: Main entrance featuring security grilles and parking access.

Spacious apartment interior under renovation with light walls and tiled floors Via España

Apartment Interior: Apartment unit ready for remodel with natural light and ventilation.

Secure stair access with metal railing and tiled floors in mixed-use building Via España

Staircase: Internal stairs with railings connecting all levels.

Spacious living room with window, under renovation, light walls, Via España Obarrio

Living room: Unfinished apartment living room with city views.

Building for Sale

Investment Building for Sale Via España Panama | 12 Apartments + Retail

Via España / Obarrio Business District, Obarrio, Panama City

USD1,500,000

15 Bedrooms 12 Bathrooms 1800.0 m² Area 7 Parkings

About this Building

Fantastic investment opportunity to acquire a 4-story mixed-use building along high-traffic Via España in the booming Obarrio business district. Features approx. 1800 m² construction over 650 m² lot, 12 spacious apartments averaging 95 m² each, 1 ground-floor commercial retail unit, and rooftop with billboard potential. Total: 15 bedrooms, 12 bathrooms, plus 7 parking spaces. With bustling commercial surroundings, proximity to transportation hubs, and high rental demand, it's ideal for conversion into apartments, offices, or boutique hotel. Currently partially occupied and ready for renovations to increase ROI. Offered at $1,500,000 (~$833/m² of construction)—a rare central location opportunity. Contact Casa Nova Realty Panama and Maria Lopez today for details.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 5YXUFLM.

Key Features

Income property with 12 apartments and 1 retail unit
Prime commercial frontage on Via España
Close to Metro Line and major transit routes
Potential rooftop billboard revenue
Rooftop terrace adaptable for social or utility use
Secured access with metal gates
Multi-story structure with concrete construction
Parking lot fits 7 vehicles
Excellent redevelopment or rental potential

Detailed Features

Outdoor

Property Details

TypeBuilding

CategoryCommercial & Residential Mixed Use

Size1800 m²

Lot Size650 m²

Bedrooms15

Bathrooms12

Parking7

FurnishedNo

Pets AllowedNo

Price/m²USD833.33 / m²

Listing ID5YXUFLM

Year Built2005

PH Obarrio Business Residence Amenities

Rooftop Terrace

Large rooftop suitable for billboard or social area conversion

Street Front Commercial Space

1 spacious ground-floor retail premises with excellent exposure

Parking Area

Private off-street parking for 7 vehicles

Multi-level Construction

Total 4 floors with existing rental apartments

Gated Entrances

Metal security doors and iron grilles on access points

Balcony corridors

Open-air balcony walkways with city views

Laundry Facilities

Dedicated common laundry and clothes drying area

Stairwells with Railings

Internal staircase with secure access to all floors

Location & Nearby

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Neighborhood Highlights

High vehicular and pedestrian commercial traffic zone
Walking distance to metro station and bus stops
Surrounded by banks, retail stores, clinics, restaurants, offices
Prime central corridor close to Calle 50 and Via Brasil
Commercial signage opportunity on rooftop
Ideal for retail, multifamily rental, hotel conversion, or office spaces

Nearby Landmarks

Metro Estación Iglesia del Carmen (300m)
Hospital Nacional (400m)
Multiplaza Pacific Mall (1.8 km)
Calle 50 Financial District (500m)
Via Brasil Commercial Hub (200m)

*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: 5YXUFLM. Last updated: 2025-11-07T23:59:00Z*