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Colonial building with protected balconies and arch windows along Calle 3ra in Casco Viejo San Felipe Panama
Exterior: Front facade of historic colonial building featuring ornate balconies, arch windows, and unique architecture in Panama City.
Building for Sale

Historic Colonial Building for Sale Casco Viejo San Felipe

Casco Viejo, San Felipe, Panama City

USD950,000
1 1 231.0 m²

About this Building

Exceptional investment opportunity in Panama City's famed Casco Viejo: a historic colonial building with 230.81 m² of existing construction, situated just steps from Plaza Catedral. Features original architectural elements including ornate iron balconies, arched windows and heritage facades, ideal for restoration into boutique hotel, luxury condos, gallery or mixed commercial-residential use. Zoned for residential and commercial development with potential for rooftop terrace enjoying ocean and skyline views. Located in UNESCO World Heritage historic quarter, surrounded by fine dining, nightlife, museums, and hotels. Offering 1 existing bedroom and bathroom, with potential to expand during renovation. Listed at $950,000 with high appreciation upside. Contact Casa Nova Realty Panama for private tour and development consultation.

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

Key Features

  • Original colonial facade and details
  • Multiple balconies facing Calle 3ra and Avenida A
  • High ceilings suitable for mezzanine expansion
  • Mixed zoning for commercial and residential use
  • Potential for rooftop terrace with ocean views
  • Located in UNESCO Casco Viejo with cultural significance

Detailed Features

Kitchen

FinishRequires renovation
RemodeledNo

Bedrooms

Bedroom 1

  • Balcony access
  • Historic window grilles
  • High colonial ceilings

Bathrooms

Bathroom 1

  • Basic fixtures
  • Tiled walls
  • Ventilation window

Laundry

  • Space available, requires installation

Outdoor

TerracePotential for development on rooftop

Property Details

TypeBuilding
CategoryResidential & Commercial
Size230.81 m²
Bedrooms1
Bathrooms1
FurnishedNo
Pets AllowedNo
Price/m²USD4,115.94 / m²
Listing ID5UcHZHu
Year Built1900

Colonial Historic Residence Casco Viejo Amenities

Rooftop Terrace Potential

Opportunity to develop panoramic rooftop terrace with ocean and skyline views.

Balconies

Historic iron balconies with street and plaza views.

Multiple Entrances

Ideal for mixed commercial and residential renovation.

Heritage Architecture

Beautiful preserved colonial elements, arches and facades.

Zoned for commercial and residential use

High ROI redevelopment potential.

Proximity to parking lots

Public and private paid parking nearby.

Location & Nearby

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Neighborhood Highlights

  • UNESCO World Heritage Historic Center
  • Surrounded by vibrant nightlife and top restaurants
  • Close proximity to waterfront promenade and plazas
  • Tourist and cultural hotspot with restored colonial buildings
  • Art galleries, boutique hotels, museums nearby

Nearby Landmarks

  • Plaza Catedral (50m)
  • Teatro Nacional (100m)
  • Presidential Palace (200m)
  • Museo del Canal (120m)
  • Casco Bay Waterfront (150m)
*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: 5UcHZHu. Last updated: 2025-11-07T23:59:00Z*
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