Description
Great opportunity for investors! This corner property is for sale in the heart of San Francisco, one of the most sought-after and strategically located areas of Panama City. The lot offers 16,104 ft² and frontage on two key streets: Calle Matilde Obarrio de Mallet and Calle 65 Este, providing excellent visibility and access for any type of development.
The property currently features an unfinished mixed-use building, originally designed with commercial space on the ground floor and residential space on the upper floors. Buyers can choose to utilize the existing structure or demolish it to develop a new project tailored to their vision.
Prime Location:
- Just 1,542 ft from Calle 50 (exit to Novey)
- Only 869 ft from Avenida Belisario Porras
Area Highlights:
- High-growth zone, surrounded by residences, offices, shops, restaurants, and services.
- Excellent connectivity to the city’s main roads, ensuring easy access from all directions.
- Dynamic environment blending commercial activity and residential living—ideal for mixed-use developments.
- Strong demand for rentals and services in the area, ensuring a solid return on investment both short and long term.
This property is ideal for those looking to develop a modern, functional, and well-located project in one of Panama’s fastest-growing urban areas.
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