Historic two-story colonial commercial building Casa Natalia in Casco Viejo Panama with arches and balconies

Exterior: Colonial facade of Casa Natalia with arches, balconies and classic detailing.

Spacious colonial interior with vaulted ceilings and arched windows inside Casa Natalia commercial building Casco Viejo Panama

Interior: Large open hall with arched windows and double-height ceilings suitable for multi-use.

Street view of colonial Casa Natalia commercial corner building in Casco Viejo Panama City

Exterior: Exterior view showcasing Casa Natalia's street corner location with balconies and arches.

Historic commercial interior in Casco Viejo with arched windows and double-height ceilings Casa Natalia Panama

Interior: Vaulted interior with stone walls and arched windows -- ideal for flexible layout.

Commercial Building for Sale

Historic Commercial Building for Sale Casa Natalia Casco Viejo Panama

Casco Viejo / Plaza Arango, San Felipe, Panama City

USD3,900,000

1 Bathroom 700.0 m² Area

About this Commercial Building

Exceptional investment opportunity in Panama's UNESCO Casco Viejo Historic District. 'Casa Natalia' borders Plaza Arango at a premium corner, featuring approx. 700m² constructed on a 350m² lot with potential to expand up to 1400m². Approved restoration project includes roof, balconies, plumbing, electric, facade upgrades with permits in place. Colonial architecture boasts double-height vaulted ceilings, stone walls, arches, and balconies. Ideal for a boutique hotel, gourmet market, cultural center, exclusive club, luxury gym, or culinary venue. With RMH2-C2 zoning mix for commercial/residential, unmatched tourism foot traffic, and growing property values, this is one of Casco's top redevelopment prospects. Available at $3.9M. Contact Casa Nova Realty Panama for viewing Casa Natalia today.

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

Key Features

Colonial facade with arched windows & balconies
Double-height open interior spaces
Approved restoration permits with expansion capacity
Corner exposure on main Casco exit
Mixed commercial-residential zoning RMH2-C2
Stone and brick historic architecture
Ideal for boutique hotel, restaurant, or cultural venue
Located in UNESCO Heritage zone
Surrounded by vibrant tourism, nightlife, museums

Detailed Features

Property Details

TypeCommercial Building

CategoryCommercial

Size700 m²

Lot Size350 m²

Bathrooms1

FurnishedNo

Pets AllowedNo

Price/m²USD5,571.43 / m²

Listing IDBboMijP

Casa Natalia Amenities

Historic Colonial Façade

Beautifully preserved colonial design with arches and balconies.

Double-height interiors

Spacious open-plan areas ideal for multi-use.

Mixed Commercial Zoning

RMH2-C2 approved for commercial and residential development.

Restoration permits approved

Plans approved for partial restoration and expansion.

Balcony spaces

Multiple balconies overlooking Casco Viejo streets.

Corner lot exposure

Excellent street visibility on main access exit of Casco.

Historic district services

24h municipal security and tourism services.

Location & Nearby

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Neighborhood Highlights

Located in UNESCO World Heritage district
Views of Panama Bay and skyline
Walking distance to plazas, museums, restaurants, nightlife
Tourism hotspot with high pedestrian traffic
Rich colonial and republican architecture surroundings

Nearby Landmarks

Plaza Herrera (150m)
American Trade Hotel (200m)
National Theatre (300m)
Museo del Canal Interoceánico (400m)
Cinta Costera (500m)

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