Prime Commercial & Industrial Investment Property – 55,757 sq ft on Avenida Red Gray, David, Chiriquí

$ 1,600,000
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Motivated Seller
ID : 1581
Price: $ 1,600,000
Lot Size: 5,180 m2
Property Size: 1,000 m2

Description

A high-impact strategic asset for investors and developers on David’s premier commercial corridor! An exclusive 55,757 sq ft / 1.28-acre (5,180 m²) corner lot featuring a 10,764 sq ft (1,000 m²) commercial warehouse is available for sale, prime-positioned on Avenida Red Gray, diagonally across from Hotel Aranjuez.

The property features a recent appraisal from August 2026, backing the true asset value and ensuring a transparent, secure acquisition process.

Land Area and Structural Assets

  • Total Land Surface: 55,757 sq ft / 1.28 Acres (5,180 m²) on a high-visibility corner parcel.
  • Operational Warehouse (Galera): 10,764 sq ft (1,000 m²) of clear-span space for storage, light manufacturing, or distribution.
  • Office Space: Built-in administrative office modules within the structure.
  • Zoning: C3 (High-Density Commercial & Industrial), providing maximum legal and urban flexibility for large-scale development.

Strategic Commercial Hub & Neighboring Infrastructure

Located in a key node combining high vehicular volume with the presence of multinational corporations, government agencies, and regional event venues:

Key Landmarks and Commercial Environment:

  • Connectivity: Quick access to Enrique Malek International Airport and downtown David.
  • Location: Diagonally across from Hotel Aranjuez and just 2,952 feet / 0.56 miles (900 meters) from the David International Fairgrounds.
  • Institutional Presence: Immediate proximity to regional headquarters for MIVIOT and MOP.
  • Corporate & Retail Hub: Steps from Paseo David Shopping Center and major corporate facilities such as Coca-Cola and Corpinsa.

Unlimited Development Potential

Thanks to its C3 zoning, generous footprint, and corner position (ideal for logistics circulation or drive-thru access), this property supports a wide range of high-yield ventures:

  • Logistics & Distribution: Immediate operation as an industrial warehouse, distribution center, or commercial hub.
  • Commercial / Retail Development: Construction of a shopping center, department store, or corporate office complex.
  • Hospitality & Food Service: Hotel, mixed-use commercial/residential complex, or drive-thru restaurant chains.
  • Educational or Institutional Uses: University campus, private school, or specialized care center.

Contact us today to request the appraisal report (August 2026), review survey plans, or schedule a private tour of the property.

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Text me on WhatsApp 📲  Wee-Yiong Fung /Real Estate Agent

A/Cs
Asphalt Road
Ceiling Fan
Commercial Area
Fenced
Flat Land
Hospitals Nearby
Schools Nearby
Storage Room
Visitors Parking

Contact Me

Schedule a showing?
Call +507 6981-5000 WhatsApp

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Testimonials

Prestige was recommended to me by relatives. My experience was very satisfactory with the service, especially Wee-Yiong.
William Gadeon (Entrepreneur)
From Atlanta, Wee-Yiong was the only broker in David that I contacted via email. He kept me informed with photos and videos of properties that I might like.
Dwight Jenkins (Retired)
Thank you for bringing good tenants to our business premises.
Jaime (Entrepreneur)

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Wee-Yiong Fung