Prime 2000 sqm Obarrio corner development lot at Samuel Lewis Avenue, ideal for mixed-use high-rise project

Aerial View: Aerial image showing highlighted property boundary perfect for redevelopment.

Land + Improvements for Sale

Prime Obarrio Panama 2000m2 Commercial-Residential Land

Obarrio / Avenida Samuel Lewis & Calle 60, Obarrio, Panama City

USD5,000,000

900.0 m² Area

About this Land + Improvements

Exceptional investment opportunity in Obarrio, Panama City's most exclusive business and residential zone. This 2,000 m² prime corner lot at Samuel Lewis Ave and Calle 60 offers approximately 900 m² of existing improvements — two houses of 450 m² each — perfect for temporary offices or income while redeveloping. Zoning RM2MCU3 allows high-density mixed-use: luxury apartments, corporate headquarters, retail, or gourmet dining spaces. Highly visible, accessible by major arteries: Calle 50, Via Brasil, Via España plus Metro Line 1 nearby. Surrounded by embassies, financial towers, luxury condos. Priced at $5,000,000, approx. $2,500/m² – 4% below market! Ideal for vertical development or flagship commercial project in Panama's prestigious Obarrio quarter. Contact Casa Nova Realty Panama to arrange a visit and secure this unmatched central site.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 2MyQT2X.

Key Features

Corner development plot with double frontage
Mixed-use zoning RM2MCU3 for commercial & residential
Ideal for luxury apartments, retail, offices, hotel
Includes existing buildings usable during development
Exclusive Obarrio location near financial center
Close to metro, major roads, malls, and dining
High investment return area

Detailed Features

Property Details

TypeLand + Improvements

CategoryCommercial & Residential Development

Size900 m²

Lot Size2000 m²

FurnishedNo

Pets AllowedNo

Price/m²USD2,500.00 / m²

Listing ID2MyQT2X

Obarrio Commercial-Residential Development Site Amenities

Strategic Location

Prime corner lot with maximum exposure in the upscale Obarrio neighborhood.

Mixed-Use Zoning (RM2MCU3)

Ideal for residential towers, commercial offices, retail stores, restaurants, or luxury condos.

Existing Improvements

Two houses approximately 450m2 each usable as offices or rental income during redevelopment.

Close to Services

Proximity to supermarkets, shopping centers, hotels, financial entities, and dining.

Accessible Transit

Easy access to Metro Line 1 and major bus routes.

Prestige Environment

Neighboring luxury high-rises, corporate headquarters, and embassies.

Location & Nearby

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Neighborhood Highlights

Exclusive financial and business district
Direct access to Calle 50, Via Brasil, Via España
Walking distance to Multiplaza Mall, hotels, banks, gourmet dining
Highly visible corner lot facing major avenue
Close to Panama Metro station and public transit

Nearby Landmarks

Multiplaza Mall (600m)
Soho Mall (1 km)
Hotel Riu Plaza (500m)
Metro Station Iglesia del Carmen (1 km)
Calle 50 Business Axis (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: 2MyQT2X. Last updated: 2025-11-07T23:59:00Z*

Frequently Asked Questions

What is the price for this land?

The asking price for this land + improvements is $5,000,000 USD.

Where is this land located?

This land is located in Obarrio, Panama City, Panama. Contact Casa Nova Realty for the exact address and to schedule a viewing.

What is the size of this land?

This land has a total area of 2000 square meters (0.2 hectares). Contact Casa Nova Realty for more details about the property boundaries and specifications.

How can I schedule a viewing of this land?

To schedule a viewing, contact Casa Nova Realty Panama at +507-6361-1367 (phone or WhatsApp) or email info@casanova.realty. Our bilingual team is available Monday-Friday 9AM-6PM and Saturday 10AM-2PM.