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Colonial-style building exterior with balconies and street-level commercial frontage Casco Viejo Panama
Exterior: Facade featuring colonial balconies and retail space on corner lot.
Narrow colonial balcony with decorative railing overlooking historic Casco Viejo street Panama
Exterior Balcony: Rustic balcony space ideal for restoration and city views.
Open interior courtyard or hall in colonial building Casco Viejo Panama City
Common Courtyard: Original multi-level interior open space, ideal for common areas.
Abandoned colonial-style building facade Casco Viejo prime for investment Panama
Exterior Facade: Exterior showing restoration potential with historic details.
Damaged interior living room space in need of restoration Casco Viejo Panama
Living Room: Historic interior featuring high ceilings and wood details.
Historic Building for Sale

Investment Colonial Building Casco Viejo Panama

Casco Viejo - Historic District, San Felipe, Panama City

USD2,100,000
1 1 1380.0 m²

About this Historic Building

Excellent opportunity to acquire a colonial building for restoration and investment in Panama’s UNESCO World Heritage Casco Viejo. This four-story corner property spans approximately 1,352 m² of lot size, with around 345 m² average per level. Features classic balconies, commercial frontage, and historic architectural details. Project approved by the National Committee of Archaeology and Historical Monuments for optimal restoration. Ideal for boutique hotel, apartments with retail, or mixed-use development. Located amidst top restaurants, plazas, museums, and vibrant nightlife. Excellent access to the Corredor Sur and central banking areas. Priced at $2,100,000 offering significant upside and tax incentives on historic renovation. Contact Casa Nova Realty Panama for more details or to schedule a visit.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 2LqL5jL.

Key Features

  • Four floors with commercial and residential potential
  • Corner lot in prime Casco Viejo area
  • Multiple balconies with colonial ironwork
  • Indoor courtyard/lightwell
  • Street-level retail/restaurant spaces
  • Approved restoration project
  • Historic colonial architecture
  • Exposure to high tourist foot traffic

Detailed Features

Outdoor

Property Details

TypeHistoric Building
CategoryCommercial & Residential
Size1380 m²
Lot Size1352 m²
Bedrooms1
Bathrooms1
FurnishedNo
Pets AllowedNo
Price/m²USD1,521.74 / m²
Listing ID2LqL5jL

Historic Multi-Story Colonial Building Casco Viejo Amenities

Scenic balconies

Multiple balconies with city and street views spanning several floors

Historic colonial facade

Preserved architecture eligible for restoration incentives

Corner property

Prime corner building with high pedestrian visibility

Potential rooftop terrace

Opportunity to develop a rooftop with stunning views

Street-level commercial space

Retail storefront potential with high tourist foot traffic

Courtyard area

Interior open space suitable for common areas or light wells

Restoration approved

Approved project by National Committee of Archeology and Historical Monuments

Location & Nearby

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Neighborhood Highlights

  • UNESCO World Heritage Site
  • Surrounded by boutique hotels, museums and art galleries
  • Walking distance to Cinta Costera promenade
  • Vibrant nightlife and dining district
  • Rich colonial Spanish architecture
  • Tourist hotspot with ongoing restoration projects

Nearby Landmarks

  • Plaza Catedral (150m)
  • National Theatre of Panama (250m)
  • Plaza Herrera (400m)
  • Museo del Canal (300m)
  • Cinta Costera (400m)
*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: 2LqL5jL. Last updated: 2025-11-07T23:59:00Z*
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