Streetfront view of multi-unit commercial residential buildings with garden and parking in Rio Abajo Panama City

Exterior: Facade with gated entry, balconies, garden beds and visible separate entrances.

Vintage style bathroom with bathtub, ceramic tiles and vanity in commercial building Panama City

Bathroom: Classic full bathroom with retro tiling and bathtub for apartments.

Large kitchen dining area with cabinets, sink and table in income property Panama City

Kitchen: Functional traditional kitchen ideal for tenant use or commercial adaptation.

Concrete patio backyard with greenery and utility area in commercial income property Panama

Exterior: Outdoor space with gardens and multi-use patio for tenants.

Fenced courtyard area with garden beds and external house view in Panama property

Exterior: Enclosed outdoor common area suitable for parking or recreational space.

Gated covered parking area at commercial residential building in Panama City

Parking area: Secure covered parking with metal gate, suitable for 2 vehicles.

Traditional living dining room with arched design and furniture in multi-unit complex Panama

Living Room: Spacious connected living and dining with classic decor suitable for tenants.

Concrete walkways, lawn and patio area beside rental buildings Panama City

Outdoor space: Side yard for greenery or tenant recreation in fenced property.

Traditional bedroom with wood floor metal bed high ceiling in multi-unit Panama complex

Bedroom: Ample bedroom space suitable for rental apartment use.

Commercial Multi-Family House for Sale

Commercial Income Property Multi-Unit Complex Río Abajo Panama

Río Abajo near Via España, Río Abajo, Panama City

USD325,000

3 Bedrooms 3 Bathrooms 498.0 m² Area 2 Parkings

About this Commercial Multi-Family House

Investment opportunity: income-generating commercial property in Río Abajo, Panama City. Built on 498 m² with flexible zoning (ZM3) allowing mixed residential, retail, storage, offices, and abastos. Featuring three separate buildings: main two-story house with 6 rental rooms below, 2 apartments above; second structure with living spaces on both floors; and rear building with 4 rentable rooms. 3 total bathrooms. Current layout suitable for multiple passive rental income streams or owner-user setup. Includes 3 bedrooms, 3 bathrooms, 2 private parking spaces, balconies/patios and fenced surroundings. Near Via España's commercial corridor with excellent access to transport, shopping, services. Ideal for investors seeking steady cash flow in growing urban area, or future redevelopment. Listed at $325,000 well below comparables. Contact Casa Nova Realty Panama & Maria Lopez today.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 7Cpej2Y.

Key Features

Three separate commercial-residential buildings
Multiple income rental units with separate access
Flexible zoning: residential, office, warehouse use
Excellent location near Via España and major avenues
Private parking inside fenced property
Balconies and patios for natural ventilation
Good structural condition, rentable immediately
Potential to increase income or redevelop property

Detailed Features

Outdoor

Property Details

TypeCommercial multi-family house

CategoryCommercial/Residential Hybrid

Size498 m²

Lot Size500 m²

Bedrooms3

Bathrooms3

Parking2

FurnishedNo

Pets AllowedNo

Price/m²USD652.61 / m²

Listing ID7Cpej2Y

Year Built2002

Barrio Río Abajo Commercial Complex Amenities

Fenced property

Perimeter security fencing at streetfront

Private parking

On-property parking spaces for 2 vehicles

Multiple rental units

Income potential from multiple apartments and rooms

Separate utility meters

Ideal for multi-tenant management

Outdoor patios/garden corners

Some green areas for tenants or clients

Location & Nearby

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Neighborhood Highlights

Zone ZM3: mixed commercial and residential zoning
Near Via España major commercial corridor
Close to Parque Lefevre and San Miguelito
High vehicular and pedestrian traffic area
Established neighborhood with accessible services

Nearby Landmarks

Corredor Sur (1 km)
Parque Lefevre (900 m)
Gran Estacion Mall (2 km)
Albrook Mall (6 km)
Tocumen International Airport (13 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: 7Cpej2Y. Last updated: 2025-11-07T23:59:00Z*