Colonial style two-story mixed-use building with balconies and festive decor Casco Viejo Panama

Exterior: Corner colonial mixed-use building with retail space and balconies

Colorful patterned tile commercial entrance in colonial building Casco Viejo Panama

Entrance: Decorative tiled entrance space with welcome mat

Colorful boutique store with eclectic decor and arched windows Casco Viejo

Retail Store: Bohemian retail interior with vibrant tiles and decor

Colonial style commercial building with balconies along cobblestone street Casco Viejo Panama

Exterior: Historic mixed-use facade ideal for retail and residential use

Commercial Building for Sale

Casco Viejo Mixed-Use Colonial Corner Building for Sale

Casco Viejo, San Felipe, Panama City

USD3,379,999

1 Bathroom 365.0 m² Area

About this Commercial Building

Unique investment opportunity in Panama's Casco Viejo, UNESCO World Heritage historic district. This colonial-style corner mixed-use building features approx. 365 m² of construction on 365 m² of land. Ground floor offers retail/restaurant spaces with iconic arches and decorative tiles. Upper floors have balconies with wrought iron, terraces, and expansion rights for 2 additional levels, up to approx. 1,876 m². Categories 3 & 4 zoning allow flexible restoration and development. Located at the end of Avenida A, the city's prime commercial street, ideal for boutique hotel, shops, gallery, or luxury residences. Surrounded by top cultural sites, cafes, nightlife. Current features include tiled floors, utility rooms, 1 bathroom, spacious terrace, colonial facade. Priced at $3,379,999 USD. Exceptional visibility and historic charm, excellent potential with ongoing Casco investment boom. Contact Casa Nova Realty Panama for a private tour.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 4yW39yD.

Key Features

Colonial corner facade with balconies
Flexible zoning Categories 3 and 4
Expansion potential 1,876 m² with 2 extra floors
Commercial ground level for shops or restaurant
Upper floors convertible to hotel or apartments
Large terrace with historic views
Decorative floor tiles and high ceilings
Balconies with wrought iron railings
Laundry/utility areas
Historic architecture preservation

Detailed Features

Kitchen

Finishbasic commercial/service areas needing renovation

RemodeledNo

Bathrooms

Bathroom 1

Basic toilet and sink
ceramic tiled

Laundry

Utility sinks
service rooms
storage

Outdoor

TerraceLarge colonial terrace, potential for rooftop expansion or outdoor dining

Property Details

TypeCommercial Building

CategoryCommercial/Residential Mixed-Use

Size365 m²

Lot Size365 m²

Bathrooms1

FurnishedNo

Pets AllowedNo

Price/m²USD9,260.27 / m²

Listing ID4yW39yD

Year Built1990

Historic Casco Viejo Corner Building Amenities

Commercial storefronts

Ground-level retail units suitable for shops, cafes, or galleries

Balconies

Colonial wrought iron balconies overlooking historic streets

Terrace

Large terrace space ideal for outdoor seating or expansion

Mixed-use zoning

Permitted for commercial and residential uses

Historic colonial architecture

Preserves character details including arches, stonework, and wood accents

Pedestrian-friendly area

Located in walkable tourist area with cobblestone streets

Utilities on site

Connected to city power, water, and fiber internet availability

Laundry and storage areas

Existing utility rooms and service spaces

Potential rooftop expansion

Potential to add two levels with panoramic views, subject to permits

Location & Nearby

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Neighborhood Highlights

Located in UNESCO World Heritage historic district
Tourist hotspot with high pedestrian and vehicle traffic
Vibrant nightlife, restaurants, museums
Ideal for hotel, boutique shops, galleries or premium apartments
Expansion potential in growing tourist corridor

Nearby Landmarks

Plaza Catedral (100m)
Museo del Canal Interoceánico (150m)
National Theater (200m)
Plaza Herrera (300m)
American Trade Hotel (250m)

*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: 4yW39yD. Last updated: 2025-11-07T23:59:00Z*