Obarrio Panama colonial-style commercial house exterior view with arches, garden, and parking

Exterior: Mediterranean colonial facade with covered carport, green garden and large porch

Large tiled porch with archways of colonial house for sale in Obarrio commercial zone Panama

Exterior: Elegant covered terrace ideal for reception or showroom entrance

Bathroom with tiled walk-in shower and frosted glass door colonial house Obarrio Panama

Bathroom: Traditional bathroom with natural light, tiled shower and classic finish

Spacious kitchen colonial house Obarrio Panama with granite countertop, wooden cabinets

Kitchen: Large traditional kitchen ideal for office kitchenette or residential use

Spacious bedroom or office space with AC and garden view Obarrio Panama colonial

Bedroom: Natural light bedroom space with wood floors, AC, closet

Commercial Function / House With Commercial Potential for Sale

Colonial Commercial House for Sale Obarrio Panama

Obarrio / El Cangrejo - El Carmen, Obarrio, Panama City

USD490,000

4 Bedrooms 4 Bathrooms 290.0 m² Area 8 Parkings

About this Commercial Function / House With Commercial Potential

Strategically located large colonial-style single-story house in vibrant Obarrio, Panama City's commercial hub. Features 290m² of solid construction on a 450m² lot zoned R2-A with commercial potential. Includes 4 spacious bedrooms/offices, 4 bathrooms, generous reception areas, outdoor covered terrace, ample garden, and parking for 8 cars inside fenced perimeter. Perfect for offices, medical practice, retail showroom or residential rehab. Recently reduced to $490,000 from $511K (bank appraisal $700K), free of liens and ready for bank mortgage. Excellent exposure near Calle 50, Samuel Lewis and El Cangrejo with flexible zoning under new 1R5 allowing multi-use development or expansion. A unique investment opportunity combining residential charm with high commercial potential in prime Panama City. Contact Casa Nova Realty Panama (+50763611367) for viewing.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 3kU5aHh.

Key Features

Single-story layout ideal for accessibility
Colonial arches with Mediterranean porch
Multiple offices or bedrooms layout
Decorated bathrooms with classic tiling
Large traditional kitchen with granite and wood cabinetry
Private indoor corridor with arched ceilings
Air conditioning units in main zones
Fenced property with secure access
Ample outdoor terraces & front garden
Flexible zoning for mixed commercial-residential

Detailed Features

Kitchen

FinishGranite countertops and wooden cabinets

RemodeledNo

Appliances

Freestanding gas stove

Bedrooms

Bedroom 1

wood floors
AC unit
built-in closets
garden view

Bedroom 2

AC unit
natural lighting
closets

Bedroom 3

wooden furniture
window with security bars

Bedroom 4

wood floors
ceiling fan

Bathrooms

Bathroom 1

pedestal sink
walk-in shower with frosted glass
decorative tile border

Bathroom 2

mirror with wooden frame
modern fixtures

Bathroom 3

wall-mounted mirror
pedestal sink
decorative tile

Bathroom 4

walk-in shower
traditional sink

Laundry

spacious
washbasin hookup
storage options

Outdoor

TerraceCovered colonial porch ideal for lounge or reception

GardenYes

Property Details

TypeCommercial Function / House with Commercial Potential

CategoryMixed-use (Commercial + Residential)

Size290 m²

Lot Size450 m²

Bedrooms4

Bathrooms4

Parking8

FurnishedNo

Pets AllowedNo

Price/m²USD1,689.66 / m²

Listing ID3kU5aHh

Obarrio Commercial-Residential Zone Amenities

Large garden and front yard

Ample green area suitable for outdoor displays or customer events

Covered terrace

Mediterranean-style porch ideal for lounge or reception

Spacious parking zone

Fits up to 8 vehicles comfortably on property grounds

Secure perimeter fencing

Walled with iron fencing for added safety

Multiple independent entrances

Allows flexible commercial office layouts or residential use

Quiet side street setting

Low noise area perfect for clinics or consulting

Potential to expand or build vertically

R2-A zoning allows for mid-density redevelopment

Location & Nearby

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Neighborhood Highlights

Heart of Panama City's business district
Proximity to banks, hotels, offices, and malls
Easy access from Calle 50 and Avenida Samuel Lewis
Excellent commercial exposure, perfect for offices, clinics or boutique stores
Family-friendly residential area with parks nearby

Nearby Landmarks

Soho Mall (600m)
Avenida Samuel Lewis (150m)
Hotel Sortis (900m)
Metro Station Iglesia del Carmen (1.0 km)
Multiplaza Pacific Mall (1.2 km)

*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: 3kU5aHh. Last updated: 2025-11-07T23:59:00Z*