Historic colonial 3-story Casa Catalina with balconies on Avenida B in Casco Viejo, Panama City

Exterior: Facade of Casa Catalina showing balconies, restored colonial details and street view.

Colorful yellow colonial commercial building with balconies at Casa Catalina in Casco Viejo Panama

Exterior: Yellow facade with balcony railings, colonial windows on Avenida B.

Bright office area with desks and large windows in Casa Catalina Casco Viejo Panama

Office: Upper floor office layout with natural light and workspace furniture.

Contemporary office interior with french doors and glass desks at Casa Catalina Casco Viejo

Office: Modern office setup in colonial building upper level.

Interior colonial style space with vintage decor and balcony at Casa Catalina Casco Viejo

Mixed-use interior: Cozy mixed-use room with rustic finishes opening to balcony.

Vintage colonial interior with balcony overlooking Casco Viejo streetscape in Casa Catalina Panama

Interior with balcony: Living-reception area connects to balcony, suitable for lounge or Airbnb.

Colonial yellow facade of Casa Catalina with balconies lit up at night in Casco Viejo Panama

Night exterior: Evening view of building exterior highlighting colonial charm and street activity.

Commercial Building for Sale

Casa Catalina Investment Building Casco Viejo Panama

Casco Viejo, San Felipe, Panama City

USD969,000

2 Bathrooms 240.0 m² Area

About this Commercial Building

Unique opportunity to acquire Casa Catalina, a historic colonial 3-story commercial building located on Avenida B in Casco Viejo, Panama City's UNESCO World Heritage site. This investment property offers approx. 240m2 across 3 levels on an 80m2 lot. Ground floor leased restaurant (~$2,000/month), plus two upper floors ready for boutique hotel, Airbnb suites, offices, or retail – with design plans for 2 lounges or 4 units renting ~$1,500/each monthly. Potential annual income up to $60,000. High ceilings, large balconies with vibrant plaza views. Ideal for investors seeking a prestigious property in Panama's top tourist/live-work heritage district. Price $969,000 — contact Casa Nova Realty Panama to schedule a tour.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 7WxjiLa.

Key Features

3-level colonial building with commercial and residential potential
Existing restaurant leased on ground floor
Plans for upper floor Airbnb suites or lounges
Balconies overlooking Avenida B
High ceilings and preserved historic finishes
Excellent location in heart of Casco Viejo tourist zone
Income-producing mixed-use asset

Detailed Features

Property Details

TypeCommercial Building

CategoryMixed-Use / Investment

Size240 m²

Lot Size80 m²

Bathrooms2

FurnishedNo

Pets AllowedNo

Price/m²USD4,037.50 / m²

Listing ID7WxjiLa

Casa Catalina Amenities

Balconies with street views

Colonial style balconies overlooking Avenida B and plaza

Tall ceilings

High ceilings with original architectural details

Commercial ground floor

Adapted for restaurant or retail, currently leased

Opportunity for rooftop terrace

Potential to develop outdoor terrace lounge

Historic facade

Colorful restored exterior with colonial motifs

Mixed-use potential

Suites for commercial, office, short-term rental or boutique hotel

Location & Nearby

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Neighborhood Highlights

Located in Panama's UNESCO World Heritage district Casco Viejo
Steps from Plaza de la Policía and Plaza Herrera
Vibrant tourist area with restaurants, hotels, cafes
Rich colonial and neoclassical architecture
Popular historic neighborhood for nightlife
Walking distance to Cinta Costera and Biomuseo

Nearby Landmarks

Plaza de la Independencia (200m)
Museo del Canal Interoceánico (220m)
Plaza Herrera (100m)
Sofitel Legend Hotel (50m)
Cinta Costera (300m)

*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: 7WxjiLa. Last updated: 2025-11-07T23:59:00Z*