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Historic colonial 5-story commercial building with balconies in Casco Viejo Panama City for sale
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Commercial Building for Sale

Commercial Colonial Building For Sale Casco Viejo Panama

Casco Viejo Historic District, San Felipe, Panama City

USD2,500,000
8 550.0 m²

About this Commercial Building

Rare opportunity to acquire a fully preserved five-level colonial commercial building in the heart of Casco Viejo, Panama City's UNESCO-protected historic district. With approx. 550 m² of construction, this versatile property was built in 1976, boasting reinforced structure beneath colonial facade. Ideal for restaurants, boutique hotel, cultural venues, retail or multi-use hub. Features 5 floors encompassing 8 separate commercial spaces including bars, lounges, and large kitchen zones, 4 kitchens, panoramic rooftop terrace overlooking the Bay of Panama & Ancon Hill, 8 bathrooms, elevator, emergency staircase, 1 mezzanine, 2 balconies, and preserved original architectural details. Located steps from Plaza Mayor, museums, iconic churches, and vibrant nightlife. Selling at $2,500,000 — one of the best price points per m² for this exclusive zone. Contact Casa Nova Realty Panama to invest in this exceptional Casco Viejo landmark with huge tourism & rental potential.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 27dvUX9.

Key Features

  • Five floors with flexible commercial layouts
  • Terrace bar with panoramic water and city views
  • Historic colonial facade and balconies
  • Elevator access to all floors
  • Emergency staircases
  • 4 kitchens suitable for restaurants/bars
  • Multiple lounges, bars, commercial spaces
  • Mezzanine intermediate floor
  • Suitable for boutique hotel or multi-tenant leasing
  • Heart of UNESCO Casco Viejo tourist district

Detailed Features

Bathrooms

Bathroom 1

  • toilet
  • sink
  • mirror
  • ventilation

Bathroom 2

  • toilet
  • sink
  • mirror

Bathroom 3

  • toilet
  • sink

Bathroom 4

  • toilet
  • sink

Outdoor

TerraceLarge rooftop terrace with panoramic city and water views

Property Details

TypeCommercial Building
CategoryCommercial
Size550 m²
Lot Size550 m²
Bathrooms8
FurnishedNo
Pets AllowedNo
Price/m²USD4,545.45 / m²
Listing ID27dvUX9
Year Built1976

Historic Casco Viejo Commercial Property Amenities

Rooftop terrace with sea & city views

Top floor terrace offering panoramic views of Bay of Panama and Ancon Hill.

Elevator

Modern elevator serving all five floors including rooftop.

Multiple balconies

Colonial wrought iron balconies overlooking vibrant streets.

Commercial kitchens

Several kitchens suitable for restaurant or bar operation.

Fire escape stairways

Emergency staircase exits included for safety.

Flexible floor layouts

Multiple areas convertible into lounges, bars, restaurants, or retail.

Lobby and reception spaces

Suitable for boutique hotel or multi-tenant commercial space.

Preserved colonial facade

Classic architecture fitting Casco Viejo heritage.

Location & Nearby

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Neighborhood Highlights

  • UNESCO World Heritage district rich in colonial architecture
  • Proximity to Panama Canal Museum and Plaza Mayor
  • Vibrant nightlife, top restaurants and art galleries
  • Tourist hotspot attracting international visitors
  • Known for boutique hotels and restored Spanish colonial buildings

Nearby Landmarks

  • Plaza Mayor (100m)
  • Panama Canal Museum (150m)
  • Metropolitan Cathedral (130m)
  • Ancon Hill (2 km)
  • Cinta Costera (500m)
  • Multiplaza Pacific Mall (4.5 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: 27dvUX9. Last updated: 2025-11-07T23:59:00Z*
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