Description
Unique investment opportunity in one of the most central and high-traffic areas of Panama City. This 10,839 ft² property is located at the intersection of Avenida Ramón Arias and Calle David Castro, just 575 feet from Vía Transístmica, in the El Carmen sector, Bella Vista district.
With excellent connectivity, the property offers easy access from both Vía España and Vía Transístmica, two of the city’s main arteries. This makes it a strategic location for developing or maintaining businesses with high vehicular and pedestrian flow.
Layout and Features:
- 4 commercial units on the ground floor, one of them a corner location
- Level 100 (previously used by a university): reception area, administrative offices, library, laboratory, 6 classrooms, and covered parking with ramp access
- Level 200: accessed by stairs, hallway, 6 additional classrooms, and restrooms for men and women
- Parking spaces: 12 on the upper level and 8 on the lower level (total of 20)
- Zoning RM2-C2, allowing for a wide variety of residential and commercial uses
Current income:
The property generates $5,000 per month in rental income, with potential for increases depending on occupancy and space improvements.
Ideal for:
- Educational institutions
- Corporate offices or coworking spaces
- Clinics, medical centers, or laboratories
- Retail businesses or mixed-use developments
A property with strong income potential and appreciation, perfectly located in the heart of the city.
Follow us on our social media!
Instagram 😉 @prestigepanamarealty
Facebook 🏡 Prestige Panama Realty
Text me on WhatsApp 📲 Wee-Yiong Fung /Real Estate Agent
