Two-story colonial commercial building with arched doors, iron balconies located in Casco Viejo Panama

Exterior street view: Exterior facade showcasing colonial arches and balconies in the historic district.

Spacious studio space with exposed wooden ceiling beams and hardwood floors Casco Viejo Panama

Studio interior: Multi-purpose renovated interior studio perfect for yoga, gallery, or showroom.

Decorative floor tile entry and stone wall with wooden stairs colonial building Casco Viejo Panama

Entrance hallway: Main entry hall with rustic staircase and artistic floor tiles.

Wide-open commercial gallery space colonial style with arches in Casco Viejo Panama

Gallery/commercial: Expansive interior with exposed ducts, shelving and arched windows suitable for retail.

Stone walls, colorful mural, wooden staircase, mosaic floor tiles Casco Viejo Panama

Interior corridor: Rustic colonial corridor with vibrant mural and historic elements.

Commercial Building for Sale

Restored Colonial Commercial Building Casco Viejo Panama

Casco Viejo, San Felipe, Panama City

USD1,500,000

1 Bedroom 4 Bathrooms 409.0 m² Area

About this Commercial Building

Unique opportunity to own a beautifully restored colonial building in Panama City's UNESCO Casco Viejo. This mixed-use property spans 408 m² of construction over approx. 194 m² lot, fully renovated in 2014 maintaining heritage elements like exposed calicanto walls, wood ceilings, stone accents and decorative tile floors. It features an internal courtyard patio, multiple colonial balconies, a long bar area, multipurpose studio upstairs, high ceilings, four bathrooms and adaptable interiors for galleries, boutiques, cafes, or offices. Positioned along a vibrant pedestrian corridor with high tourist flow, steps from Plaza Catedral and historic landmarks. Ideal as flagship retail, boutique hotel conversion or cultural venue. Listed at $1,500,000. Contact Maria Lopez at Casa Nova Realty Panama for viewing.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 3rdnZW3.

Key Features

Completely renovated colonial mansion
Preserved historic stone walls and calicanto
Decorative clay tile and wood flooring
Large balconies and interior terrace
High ceilings with wood beams
Long bar area suitable for restaurant or cafe
Upstairs multipurpose rooms with natural light
Ideal for retail, hospitality, or showroom spaces
Located in UNESCO heritage site Casco Viejo
Prime high-foot-traffic location near plazas and museums

Detailed Features

Bathrooms

Outdoor

Property Details

TypeCommercial Building

CategoryMixed-use / Commercial

Size408.56 m²

Lot Size193.67 m²

Bedrooms1

Bathrooms4

FurnishedNo

Pets AllowedNo

Price/m²USD3,671.43 / m²

Listing ID3rdnZW3

Year Built2014

Historic Casco Viejo Colonial Building Amenities

Large Balcony Terraces

Multiple colonial-style balconies perfect for outdoor seating or display

Rooftop Potential

Suitable for future rooftop lounge or expansion

Multiple Commercial Spaces

Flexible interiors ideal for retail, dining, or mixed-use

Historic Architectural Elements

Exposed stone walls, wooden ceilings, colonial arches preserved

Remodeled Infrastructure

Updated plumbing, electrical and finishes throughout since 2014 renovation

Location & Nearby

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Neighborhood Highlights

UNESCO World Heritage historic district
High tourist traffic and vibrant nightlife
Surrounded by boutique hotels, galleries, restaurants
Pedestrian cobblestone streets
Panoramic oceanfront and skyline views nearby
Close to landmarks like Plaza Catedral, Teatro Nacional

Nearby Landmarks

Plaza Catedral (100m)
National Theater (Teatro Nacional) (300m)
Plaza Francia (400m)
Plaza Herrera (300m)
Panama Canal Museum (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: 3rdnZW3. Last updated: 2025-11-07T23:59:00Z*