Commercial Building for Sale
Commercial Corner Building for Sale Calidonia Ave Central Panama
Central Avenue, corner Calle 25, Calidonia, Panama City
USD400,000
1
4
442.0 m²
About this Commercial Building
Iconic 442 m² commercial corner building strategically located in bustling downtown Calidonia, Panama City. Built circa 1915, features reinforced concrete, 3 ample stories plus ground floor suitable for retail shops, offices, or mixed businesses. Wide glass frontage on Avenida Central and Calle 25 ensures top exposure. Bright interiors with high ceilings, steel shutters, glass partitions, security booth, existing restrooms on 3 floors. High pedestrian flow, steps from Metro Lotería, markets, shopping streets and banking. Ideal investment to redevelop, subdivide or lease, with steady demand in Panama’s historic core. Asking $400,000 (reduced 9%), approx. $905/m². Contact Casa Nova Realty Panama to visit this outstanding commercial opportunity.
Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 2LzhBHp.
Key Features
- Corner location on key commercial arteries
- Glass storefronts providing high visibility
- Multiple floors suitable for retail or offices
- 4 installed restrooms
- Security infrastructure with booth and metal shutters
- Natural light through large windows
- Historic reinforced structure ideal to remodel
- High ceilings and open spaces to customize
- Pedestrian-friendly vibrant business area
- Investment potential for rental income or redevelopment
Detailed Features
Property Details
TypeCommercial Building
CategoryCommercial
Size441.67 m²
Lot Size150 m²
Bedrooms1
Bathrooms4
FurnishedNo
Pets AllowedNo
Price/m²USD905.65 / m²
Listing ID2LzhBHp
Year Built1915
PH Comercial Calidonia Avenue Central Amenities
Multiple commercial floors
3 spacious floors plus ground level for flexible retail or office concepts
Corner lot building
Maximized exposure on two busy avenues
Wide glass frontage
Large windows for natural light and storefront visibility
Reinforced concrete construction
Solid century-old structure suitable for remodeling
High ceilings
Enhances space usability across floors
Security stations
Dedicated booth and partition windows
Steel security doors and shutters
For safety after hours
Existing restroom infrastructure
4 bathrooms distributed throughout units
Potential for signage
Highly visible facade for branding
Location & Nearby
Neighborhood Highlights
- Strategically located in downtown business district
- High pedestrian and vehicle traffic area
- Few steps from Metro station Loteria
- Surrounded by banks, retail shops, offices
- Close to Avenida Central shopping street
- Prominent corner exposure with excellent visibility
- Public parking nearby
Nearby Landmarks
- Estación Lotería Metro (150m)
- Avenida Central Pedestrian Mall (50m)
- Banco Nacional (100m)
- Plaza 5 de Mayo (400m)
- Mercado de Calidonia (300m)