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Historic three-story colonial building with balconies on a street corner in Casco Viejo Panama City investment property
Exterior: Colonial revival style corner building with balconies, arched windows in UNESCO Casco Viejo Panama
Aerial of colonial corner building surrounded by historic Casco Viejo neighborhood Panama investment opportunity
Aerial: Bird’s eye view showcasing colonial building’s location in UNESCO heritage district
Abandoned colonial facade with arched windows three-story on historic corner in Casco Viejo Panama
Exterior: Dilapidated colonial exterior prime for redevelopment or restoration in Casco Viejo
Aerial view of historic Casco Viejo with red tile roofs and ocean nearby
Aerial: Aerial highlighting UNESCO historic zone location and ocean proximity
Aerial of colonial buildings with rusted roofs and vacant lot in Casco Viejo Panama City
Aerial: Urban aerial shows surrounding district’s redevelopment potential
Map of Casco Antiguo highlighting key historic properties and districts Panama City
Map: Neighborhood overview map showing location within Casco Viejo historic sites
Triangular abandoned building aerial in Casco Viejo Panama on redevelopment site
Aerial: Unique footprint for redevelopment captured via aerial shot
Aerial of colonial historic multi-story building with rooftop terrace near Panama waterfront
Aerial: Colonial historic with rooftop views prime for custom renovation
Building for Sale

Colonial Corner Investment Building Casco Viejo San Felipe Panama

Casco Viejo, San Felipe, Panama City

USD1,200,000
3 753.0 m²

About this Building

Unique investment opportunity in Casco Viejo, San Felipe, historic UNESCO site. This corner colonial building at Calle 11 with Calle A has 753 m² construction potential zoned RMH2-C2, ideal for boutique hotel, exclusive apartments, or commercial spaces. Featuring approximately 151 m² land lot, 3 existing bathrooms, classic colonial arched windows, balconies, and rooftop terrace options with ocean views. High foot traffic location amidst luxury hotels, nightlife, dining, and tourist attractions. Perfect for restoration or new development with commercial and residential uses. Offered at $1,200,000, high-growth value. For investor developers seeking prime Panama City real estate, contact Casa Nova Realty Panama today.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 7yR1cuD.

Key Features

  • Dual street corner frontage in high-traffic tourist zone
  • Mixed commercial & residential zoning RMH2-C2
  • Original colonial balconies and arched windows
  • Potential rooftop terrace with ocean and skyline views
  • Ideal boutique hotel, apartments, retail or dining restoration project
  • Quick access to plazas, museums, nightlife, and waterfront Promenade

Detailed Features

Kitchen

Finishrestoration needed
RemodeledNo

Bathrooms

Bathroom 1

  • toilet
  • sink

Bathroom 2

  • toilet
  • sink

Bathroom 3

  • toilet
  • sink

Outdoor

TerracePotential rooftop terrace with city and ocean views

Property Details

TypeBuilding
CategoryCommercial & Residential Mixed-use
Size753 m²
Lot Size151 m²
Bathrooms3
FurnishedNo
Pets AllowedNo
Price/m²USD1,593.63 / m²
Listing ID7yR1cuD

Casco Viejo Colonial Corner Amenities

Balconies

Multiple colonial balconies with street views

Outdoor terrace

Rooftop with panoramic city and ocean views

Corner frontage

High-visibility two street frontages for retail

High ceilings

Typical colonial tall interiors for natural airflow

Arched windows

Classic Spanish colonial architecture details

Restoration potential

Ideal candidate for boutique hotel, restaurant or apartments

Location & Nearby

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Neighborhood Highlights

  • UNESCO World Heritage Site showcasing Spanish Colonial architecture
  • Tourist hotspot with vibrant nightlife, dining, and arts scene
  • Steps from historic Cathedral Plaza, National Theater, and waterfront
  • High foot traffic ideal for boutique business
  • Upcoming luxury hotels and residential developments nearby

Nearby Landmarks

  • Plaza Catedral (150m)
  • The American Trade Hotel (100m)
  • National Theater (200m)
  • Casco Bayfront (250m)
  • Panama Canal Museum (300m)
*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: 7yR1cuD. Last updated: 2025-11-07T23:59:00Z*
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