Historic colonial building with balconies Casa Loew Casco Viejo Panama City corner street view

Exterior: Three-story colonial architecture with wrought iron balconies prime for restoration.

Colonial balcony overlooking street Casa Loew Casco Viejo Panama City

Balcony: Original colonial balcony details with street views ideal for redevelopment.

Historic building rooftop with panoramic views Casa Loew Casco Viejo Panama

Terrace: Rooftop terrace ideal for restaurant bar project with skyline vistas.

Unfinished colonial interior for renovation Casa Loew Casco Viejo Panama

Interior: Spacious interiors with original details ready for adaptive reuse.

Multiple commercial storefronts historic building Casco Viejo Panama

Commercial space: Five commercial spaces at street level generating income.

Building for Sale

Historic Investment Colonial Building Casa Loew Casco Viejo Panama

Casco Viejo, San Felipe, Panama City

USD2,000,000

354.0 m² Area

About this Building

Rare investment opportunity to own Casa Loew, a historic 3-level mixed-use colonial building with 353.97 m² lot and constructed area, located on corner Avenida A and Calle 8 in Casco Viejo Panama City, UNESCO World Heritage Site. Includes 5 ground floor commercial shops generating income, 2 upper levels with balconies and rooftop terraces ready for residential or hospitality redevelopment. Original colonial features including balconies and tall ceilings. Zoned RMH1-C2 ideal for boutique hotel, luxury apartments, restaurants, retail, cultural, or office use. Approved plans, valid commercial license, 2023 appraisal on file. Needs renovation; potential value uplift is substantial in this prime location surrounded by landmarks, restaurants and vibrant tourist traffic. Price $2,000,000 with HOA fees minimal. Seize a chance to revitalize Panama’s historic heart with Casa Loew, perfect for investors wanting income and capital growth.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 3Yp6HeY.

Key Features

5 income-generating commercial storefronts on main pedestrian street
Multiple colonial balconies with iron railings
Rooftop terrace ideal for dining and nightlife concepts
Corner lot with excellent business visibility
Zoning RMH1-C2 allows mixed commercial, hospitality, residential uses
Tax incentives for historic restoration under UNESCO protection
Approved project plans with commercial license ready
Solid stone walls, high ceilings, colonial architectural details
Vacant and ready for redevelopment
Excellent tourism location next to presidential palace and main plazas

Detailed Features

Outdoor

Property Details

TypeBuilding

CategoryCommercial & Residential

Size353.97 m²

Lot Size353.97 m²

FurnishedNo

Pets AllowedNo

Price/m²USD5,650.20 / m²

Listing ID3Yp6HeY

Year Built1915

Casa Loew Amenities

Multiple Rooftop Terraces

Ample terrace space with panoramic views, suitable for restaurants or bars

Commercial storefronts

Five ground floor commercial units with street access

Corner Location

Prime visibility on busy pedestrian corner

Heritage Façade

Colonial architectural details with wrought iron balconies

Mixed-Use Potential

Ideal for residential apartments plus hospitality or retail

Historic Designation

Part of Casco Viejo protected district with tax incentives

Location & Nearby

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Neighborhood Highlights

Heart of UNESCO World Heritage Casco Antiguo
High tourist foot traffic zone
Surrounded by historic landmarks and boutique hotels
Vibrant nightlife, fine dining, art galleries and cultural venues
Exclusive revitalized colonial zone

Nearby Landmarks

Palacio Presidencial (50m)
Plaza Bolívar (100m)
Arco Chato Ruin (150m)
Metropolitan Cathedral (300m)
American Trade Hotel (200m)
Museo del Canal Interoceánico (350m)

*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: 3Yp6HeY. Last updated: 2025-11-07T23:59:00Z*