Historic colonial building facade with balconies overlooking Calle 12, Casco Viejo Panama City

Exterior: Front exterior showing balconies, colonial architecture in Casco Viejo.

Colonial style balcony overlooking historic streets in Casco Viejo Panama

Exterior: Balcony with ironwork railings and city view.

Expansive rooftop terrace with ocean and skyline views from property in Casco Viejo Panama

Rooftop terrace: Rooftop terrace with panoramic city and waterfront view.

Spacious interior room with tiled floor ready for renovation Casco Viejo

Interior room: Unfurnished open room ideal for remodeling.

Historic property waterfront side with courtyard area Casco Viejo Panama

Exterior/yard: View from property towards water and inner courtyard.

Building for Sale

Historic 3-Story Colonial Building for Sale Casco Viejo San Felipe

Casco Viejo / Casco Antiguo, San Felipe, Panama City

USD650,000

4 Bedrooms 3 Bathrooms 436.0 m² Area

About this Building

Exceptional investment opportunity to acquire a colonial 3-story building in Casco Viejo's vibrant San Felipe. Boasting approx. 435.6 m² of construction on a 182.3 m² lot with 3 residential or mixed-use levels, 4 bedrooms, 3 bathrooms, plus large rooftop terrace showcasing ocean and city views. The structure features colonial architectural details, balconies, secure gates, utility spaces, rooftop, and potential for apartments, boutique hotel, or cultural venue conversion. Located on Calle 12 steps from Plaza Catedral, Cinta Costera, fine dining, nightlife. A rare find in UNESCO heritage with strong tourist appeal. Motivated seller at USD 650,000. Contact Casa Nova Realty Panama for info or viewing.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 2Lr73Fh.

Key Features

Historic colonial construction with multiple balconies
3 levels ideal for multifamily or mixed-use conversion
Large rooftop terrace with panoramic views
Inner courtyard with balcony access
Secured front gate and fenced perimeter
Flexible interior ready for remodeling
Walking distance to plazas, shops, restaurants
Tourist area with strong rental demand
Close to parks, cultural centers and transit

Detailed Features

Kitchen

FinishBasic

RemodeledNo

Bedrooms

Bedroom 1

High ceilings
Colonial windows
Balcony views

Bedroom 2

Multiple layout options

Bathrooms

Bathroom 1

Walk-in shower
Simple tiling
Multiple bathrooms

Laundry

Utility area with sink
Outdoor laundry space

Outdoor

Property Details

TypeBuilding

CategoryResidential and Commercial Investment

Size435.6 m²

Lot Size182.3 m²

Bedrooms4

Bathrooms3

FurnishedNo

Pets AllowedNo

Price/m²USD1,492.19 / m²

Listing ID2Lr73Fh

Historic Edificio Casco Viejo Calle 12 Amenities

Rooftop terrace

Expansive rooftop with panoramic city and ocean views, potential for social or lounge area

Inner courtyard

Bright open-air courtyard with balconies around, ideal for events or recreation

Secured gated access

Perimeter walls with controlled metal gates for added security

Street parking nearby

On-street parking options in Casco

Multiple balconies

Private and communal balconies overlooking streets and inner areas

Potential mixed-use spaces

Flexible floor plans suitable for residential, retail or hospitality conversion

Location & Nearby

Loading Map...

Neighborhood Highlights

UNESCO World Heritage historic district
Tourist hot spot with restaurants, art galleries, and nightlife
Mixed cultural zone with colonial and modern influences
Walking distance to Cinta Costera and Plaza Catedral
High foot traffic and boutique investment appeal
Views to Pacific oceanfront and Panama skyline

Nearby Landmarks

Plaza Catedral (300m)
Museo del Canal Interoceánico (350m)
American Trade Hotel (150m)
Las Bóvedas (400m)
Cinta Costera (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: 2Lr73Fh. Last updated: 2025-11-07T23:59:00Z*