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$ 3,500,000
Est. payment | /mo
21,366 SqFt
$ 3,500,000
Est. payment | /mo
21,366 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 21,366 sqft
Price per Sqft $163
Lot Size 217.453 Acres
Property Description
MIXED-USE INVESTMENT OPPORTUNITY IN VÍA BRASIL
An exceptional opportunity to acquire a strategically located mixed-use property on Vía Brasil, one of Panama City's established high-traffic corridors. This income-producing asset combines residential and commercial uses, offering immediate rental potential together with long-term redevelopment possibilities under ZM7 zoning.
Set on a 880 m² flat, rectangular lot, the property comprises approximately 1,985 m² of enclosed construction plus 175 m² of covered circulation and parking areas. The existing building features 12 apartments of approximately 100 m² each, complemented by two commercial spaces with mezzanines, creating a diversified income profile within a single asset.
The two commercial premises offer approximately 300 m² and 200 m² respectively, including their mezzanine areas. This combination of residential and commercial space provides an attractive foundation for investors seeking an established income-producing property in a well-connected urban location.
A Strategic Location
Positioned along Vía Brasil, the property benefits from direct exposure to a major urban artery with strong vehicular and pedestrian traffic. Its location provides convenient access to Calle 50, Obarrio, Vía España, Vía Porras, Punta Pacífica, the banking district, Multiplaza and the Metro network, connecting the property to some of Panama City's most established residential, commercial and business
destinations.
Investment & Development Potential
Beyond its existing income-generating structure, the property's ZM7 mixed-use zoning allows for residential, commercial and service uses. The zoning creates potential for future redevelopment and greater density, subject to confirmation of the applicable parameters and approvals with the relevant authorities.
This creates a compelling “income today, development tomorrow” investment strategy: operate the existing property while evaluating future modernization, repositioning or redevelopment opportunities.
The property is offered at B/.3,500,000, with an independent valuation from March 2026 supporting a market value of $3.5 million.
Key Features
• Mixed-use income-producing property
• 880 m² flat, rectangular lot
• Approximately 1,985 m² of enclosed construction
• Approximately 175 m² of covered circulation and parking areas
• 12 apartments of approximately 100 m² each
• 2 commercial premises with mezzanines
• Commercial areas of approximately 300 m² and 200 m²
• ZM7 mixed-use zoning
• Direct exposure on Vía Brasil
• Residential and commercial income potential
• Existing income-generating asset with redevelopment potential
• Free of liens
• Asking price: B/.3,500,000
An opportunity suited to investors seeking a strategically positioned urban asset with existing income potential, diversified use and long-term development optionality in Panama City.
An exceptional opportunity to acquire a strategically located mixed-use property on Vía Brasil, one of Panama City's established high-traffic corridors. This income-producing asset combines residential and commercial uses, offering immediate rental potential together with long-term redevelopment possibilities under ZM7 zoning.
Set on a 880 m² flat, rectangular lot, the property comprises approximately 1,985 m² of enclosed construction plus 175 m² of covered circulation and parking areas. The existing building features 12 apartments of approximately 100 m² each, complemented by two commercial spaces with mezzanines, creating a diversified income profile within a single asset.
The two commercial premises offer approximately 300 m² and 200 m² respectively, including their mezzanine areas. This combination of residential and commercial space provides an attractive foundation for investors seeking an established income-producing property in a well-connected urban location.
A Strategic Location
Positioned along Vía Brasil, the property benefits from direct exposure to a major urban artery with strong vehicular and pedestrian traffic. Its location provides convenient access to Calle 50, Obarrio, Vía España, Vía Porras, Punta Pacífica, the banking district, Multiplaza and the Metro network, connecting the property to some of Panama City's most established residential, commercial and business
destinations.
Investment & Development Potential
Beyond its existing income-generating structure, the property's ZM7 mixed-use zoning allows for residential, commercial and service uses. The zoning creates potential for future redevelopment and greater density, subject to confirmation of the applicable parameters and approvals with the relevant authorities.
This creates a compelling “income today, development tomorrow” investment strategy: operate the existing property while evaluating future modernization, repositioning or redevelopment opportunities.
The property is offered at B/.3,500,000, with an independent valuation from March 2026 supporting a market value of $3.5 million.
Key Features
• Mixed-use income-producing property
• 880 m² flat, rectangular lot
• Approximately 1,985 m² of enclosed construction
• Approximately 175 m² of covered circulation and parking areas
• 12 apartments of approximately 100 m² each
• 2 commercial premises with mezzanines
• Commercial areas of approximately 300 m² and 200 m²
• ZM7 mixed-use zoning
• Direct exposure on Vía Brasil
• Residential and commercial income potential
• Existing income-generating asset with redevelopment potential
• Free of liens
• Asking price: B/.3,500,000
An opportunity suited to investors seeking a strategically positioned urban asset with existing income potential, diversified use and long-term development optionality in Panama City.
Listed by Fanny Valdes • Engel & Völkers Panama City
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