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

$ 1,600,000
Favorite
Your search results
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.

Follow us on our social media! 

Instagram 😉    @prestigepanamarealty

Facebook 🏡   Prestige Panama Realty

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

Similar Listings

8
Investment

Corner Commercial Lot in El Sucre, David

$ 900,000
Corner commercial lot in El Sucre, David, available for sale or full or partial lease.
Corner commercial lot in El Sucre, David, available for sale or full or partial lease.
2,000 m2details
Investment

Urban Lot of 461.98 m² with Existing Building in David

$ 196,110
Bank-owned property in David: 461.98 m² urban lot with a 103.88 m² building, near services ...
Bank-owned property in David: 461.98 m² urban lot with a 103.88 m² building, near services and shopping.
104 m2 462 m2details
Investment

25-Hectare Commercial Property in San Pablo, David

$ 6,250,000
25-hectare commercial property in San Pablo, David, with industrial, logistics, institutio ...
25-hectare commercial property in San Pablo, David, with industrial, logistics, institutional, or mixed-use potenti ...
250,000 m2details

Testimonials

It was great to work with Wee-Yiong and his team at Prestige Panama Realty, thanks for the help!
Miss Guerra
From Peru - We found a house that met all the conditions, Wee-Yiong was always attentive, thank you
Familia Córdoba (Entrepreneurs)
From China - It was very fast to work with your company. They rented my apartment to me in 1 day after I gave it to them.
Jorge Lin (Businessman)

Compare Listings

Wee-Yiong Fung