Historic three-story colonial building with wraparound balconies at Calle 12 & Av. A, Casco Viejo Panama

Exterior street view: Prime corner commercial property in Casco Viejo with colonial architecture and balconies.

Corner view of colonial mixed-use commercial building with balconies Casco Viejo

Exterior: Colonial architectural details with iron balconies and corner visibility ideal for retail.

Three-story colonial style building with balconies rented commercial units Casco Viejo Panama

External street view: Mixed-use investment with commercial spaces on ground floor in prime Casco Antiguo.

Architectural plan of commercial stores with dining area Casco Viejo Panama

Interior floor plan: Layout showing rental commercial units with kitchen/bar potential in historic district.

Vibrant cafe restaurant with mural in historic commercial unit Casco Viejo Panama

Interior dining area: Eclectic renovated interior suitable for cafe or retail with colorful design elements.

Commercial Property for Sale

Corner Commercial Units Investment Casco Viejo Panama

Casco Viejo, San Felipe, Panama City

USD370,000

4 Bathrooms 187.0 m² Area

About this Commercial Property

Investor opportunity: Two prime commercial units totaling approximately 187 m² located on the ground floor of a historic colonial building in vibrant Casco Viejo, Panama City. Corner property at Calle 12 & Av. A, San Felipe, steps from plazas, tourist hotspots, and luxury hotels. Both units are tenant-occupied generating attractive rental income, perfect for retail shops, cafes or restaurant concepts. High visibility wraparound façade with colonial balconies, recent upgrades & public parking nearby. Area benefits from major government improvements, tax incentives and booming foot traffic. Ideal for hospitality investors seeking rare commercial cash flow asset in UNESCO district. Asking $370,000, approx. $1,980/m². Contact Casa Nova Realty Panama for private tour and income details.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 5Fh6cW8.

Key Features

Ground floor commercial retail units
High visibility corner exposure
Existing tenants with income
Colonial balconies and architecture
Located in center of Casco Viejo tourist zone
Flexible for food, retail or service business
Near new parking and transportation links
Eligible for tourism development incentives

Detailed Features

Bathrooms

Bathroom 1

Multiple restrooms
Handicap accessible bathroom
Modern fixtures

Outdoor

Property Details

TypeCommercial Property

CategoryMixed-use Retail & Restaurant

Size186.86 m²

Lot Size186.86 m²

Bathrooms4

FurnishedNo

Pets AllowedNo

Price/m²USD1,980.09 / m²

Listing ID5Fh6cW8

Historic Casco Viejo Commercial Corner Amenities

Public Parking Access

Nearby large municipal parking for guests and clients.

New Street Infrastructure

Recently improved streets, lighting, sidewalks, and access routes.

Short-Term Rental Permitted

Building supports vacation rentals, hotel, restaurant and bar uses.

Tourist Zone Incentives

Area benefits from tax incentives for restoration & investment.

High Visibility Corner Exposure

Corner location with wraparound frontage maximizing visibility.

Historical Character

Original colonial facade with balconies, wooden features and ironwork.

Location & Nearby

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Neighborhood Highlights

UNESCO World Heritage historic center
Vibrant pedestrian zone
Tourist hotspot with constant foot traffic
Steps from plazas, museums, and Cathedral
Booming hospitality & entertainment district
Restored colonial architecture

Nearby Landmarks

Plaza Herrera (120m)
National Theater (250m)
Panama Canal Museum (450m)
Cinta Costera (650m)
American Trade Hotel (200m)

*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: 5Fh6cW8. Last updated: 2025-11-07T23:59:00Z*