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Fully restored colonial building with balconies and iron railings in Casco Viejo Panama historic district
Exterior: Facade of restored mixed-use colonial building with balconies and vibrant street view.
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Commercial Building for Sale

Colonial Mixed-Use Building w/ Parking Casco Viejo San Felipe

Casco Viejo / Old Town, San Felipe, Panama City

USD6,100,000
1800.0 m² 31

About this Commercial Building

Exceptional opportunity to own two interconnected fully restored colonial buildings in Casco Viejo's UNESCO historic quarter, San Felipe. This 1800 m² property features over 10 commercial rental units currently leased to premier national brands ensuring stable income. Includes rare secure mechanized parking garage with over 30 spaces, two panoramic rooftop terraces perfect for restaurant/bar lounge conversions, and dual elevators. Rich colonial architecture with balconies and historic facades blending charm and modern comforts. Perfect for boutique hotel development, luxury condos or commercial offices. Surrounded by luxury hotels, plazas, cultural hotspots, all within Panama City’s fastest appreciating area. Priced attractively at $6,100,000 offering solid returns and exceptional heritage prestige. Contact Casa Nova Realty Panama for a private tour today.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 2LUxDVp.

Key Features

  • Fully restored heritage architecture
  • Leased to high-profile tenants
  • Huge rooftop terraces with panoramic views
  • Mechanized private parking for 30+ cars
  • Elevators servicing all floors
  • Flexible space for hospitality or residential conversion
  • Historic balconies and facades
  • Corner street frontage with high tourist foot traffic
  • Adjacent to Hotel La Compañía and Plaza Herrera

Detailed Features

Outdoor

Property Details

TypeCommercial Building
CategoryMixed-use
Size1800 m²
Lot Size1000 m²
Parking31
FurnishedNo
Pets AllowedNo
Price/m²USD3,388.89 / m²
Listing ID2LUxDVp
Year Built1920

Historic Casco Viejo Restoration Complex Amenities

Private Parking Garage

Rare gated off-street parking within Casco for 31+ vehicles including mechanized lift system.

Multiple Rooftop Terraces

Two panoramic rooftop decks ideal for restaurant/bar/lounge with skyline and bay views.

Elevators

Dual elevators servicing all floors for tenant convenience.

Mixed-use Commercial Flexibility

Suitable for offices, retail shops, cafes, galleries.

Historic Colonial Architecture

Beautifully restored facades with original balconies and ironwork.

High Foot Traffic Location

Prime street corner near luxury hotels and vibrant plazas.

24-Hour Security Cameras

Enhanced security within controlled private courtyard.

Flexible Conversion Potential

Potential to transform into boutique hotel or residential apartments.

Location & Nearby

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Neighborhood Highlights

  • UNESCO World Heritage historic district
  • Tourist hotspot with vibrant nightlife and dining
  • Adjacent to Hotel La Compañía and Plaza Herrera
  • Steps to historic churches and museums
  • Cultural events and artisanal markets

Nearby Landmarks

  • Hotel La Compañía (adjacent)
  • Plaza Herrera (50m)
  • Presidential Palace (200m)
  • Metropolitan Cathedral (150m)
  • Museo del Canal (250m)
  • Plaza Catedral (200m)
  • Central Avenue (100m)
*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: 2LUxDVp. Last updated: 2025-11-07T23:59:00Z*
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