Corner 1,664 sqm commercial land at Calle 50 Obarrio Panama City ideal for investment and development

Exterior: Large corner parcel currently used as parking lot with prime exposure in Obarrio Panama City.

City center parking lot and commercial land at Obarrio Panama City near banking district for sale

Exterior: Urban commercial lot with existing parking surrounded by skyscrapers in Obarrio district.

Urban parking commercial lot surrounded by modern high-rises on Calle 50 Obarrio Panama City

Exterior: Large commercial land operating as parking, flanked by corporate buildings on busy street.

Aerial of prime commercial lot corner Calle 50 and Abel Bravo surrounded by city buildings Obarrio

Aerial: Aerial perspective showcasing centrally located corner lot amid Panama City's business hub.

Parking lot and skyscrapers along Calle 50 in Obarrio Panama prime development property

Exterior: Cityscape with multi-story towers and commercial land parcel ready for future project.

Commercial Land for Sale

Prime Commercial Land Corner Calle 50 Obarrio Panama City

Calle 50 Business District, Obarrio, Panama City

USD4,661,440

50 Parkings

About this Commercial Land

Exceptional 1,664.8 m² commercial land ideally located on the prominent corner of Calle 50 and Avenida Abel Bravo in Obarrio, Panama City's vibrant banking district. Perfect for a high-rise project—residential, office, hotel, or mixed-use. Surrounded by corporate towers, malls, restaurants, hotels, and Metro station, offering significant exposure and foot traffic. Flexible zoning allows diverse development opportunities, including franchises or flagship retail with drive-thru. The lot boasts corner frontage for double visibility, with existing parking use offering immediate revenue. Priced at $4,661,440 ($2,800/m²), it's a strategic investment in Panama's prime commercial hub. Contact Casa Nova Realty Panama to explore this development opportunity.

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

Key Features

Corner lot with high exposure
Flexible zoning for commercial, residential, or hotel development
Located in Panama City’s bustling Calle 50 corridor
Ideal for mixed-use skyscraper or flagship franchise
Existing parking revenue potential during pre-development
High foot and vehicle traffic zone
Strategic location in banking and commercial hub

Detailed Features

Outdoor

Property Details

TypeCommercial Land

CategoryInvestment

Lot Size1664.8 m²

Parking50

FurnishedNo

Pets AllowedNo

Listing ID2PjgNib

Obarrio Commercial Hub Amenities

Public Parking Availability

Ample public parking zones adjacent and nearby.

Corner Lot Exposure

Dual street frontage ideal for retail and branding.

Zoning Flexibility

Permits high-density commercial/residential/hotel/mixed development.

24/7 Access Roads

Major transit artery open 24 hours daily.

Security Booth

Existing security supervision on-site at lot edge.

Location & Nearby

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Neighborhood Highlights

Prime location in Panama City's banking district
High vehicular and pedestrian traffic
Close to Calle 50, Via España and Via Brasil
Surrounded by office towers, malls, restaurants, hotels
Walking distance to metro station and public transit stops

Nearby Landmarks

Soho Mall Panama (300m)
Global Bank Tower (150m)
Metro Station Iglesia del Carmen (550m)
Hotel Riu Plaza Panama (250m)
Multicentro Mall (1km)

*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: 2PjgNib. Last updated: 2025-11-07T23:59:00Z*