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Purchase Income-Generating Commercial Property very close to Multiplaza and Via Israel – Calle 70, San Francisco, Panama City

$ 1,425,000
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ID : 1074
Price: $ 1,425,000
Lot Size: 1,044 m2
Property Size: 450 m2

Description

Investment opportunity in one of the city’s most central areas with the most significant growth potential. This property is located on Calle 70, San Francisco, on an 11,237 ft² lot with a 4,843 ft² construction area and 80 feet of frontage to a busy road.

It currently has two commercial structures, both leased and generating income, in addition to eight parking spaces, representing an investment with immediate return.

The property is zoned ZM6, allowing for residential, commercial, service, logistics, and light industrial uses, opening up a wide range of possibilities for remodeling, developing an office building, retail space, or a shopping plaza.

Location Perks:

  • Extremely accessible: just 721 feet from Via Israel, 1,509 feet  from Multiplaza Mall, and 0.6 miles from the Corredor Sur, facilitating access from any point in the city.
  • High-traffic and highly visible area, surrounded by shops, high-profile residences, educational centers, and businesses.
  • Strategic location for future development, as San Francisco continues to position itself as one of the most dynamic areas of Panama City, attracting both residents and businesses.

This is an ideal property for investors looking to establish or develop in a consolidated area with high traffic flow, excellent connectivity, and a constantly growing urban and commercial environment.

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Asphalt Road
Commercial Area
Handicap Access
Near Traffic
Sidewalks
TV / Internet Service
Visitors Parking
Water Access

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