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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
1 365.0 m²

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*
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