Office For Sale in Avenida Nicanor de Obarrio
Property Details
- Property ID
- KWPA-PA-834
- Status
- For Sale
- Location
- Panama City
- Property Type
- Office
- Sale Price
- $ 400,000
- Built Area
- 360 m2
- Bathrooms
- 4
- Parkings
- 12
- Date Published
- Feb 20, 2026
- Times Viewed
- 34
Property Description
A package of four (4) offices is offered for sale, each measuring 90.55 m², with a total of 12 parking spaces—ideal for investors seeking active cash flow and optimization potential.
Currently, all four offices are leased. Three of them are occupied without active contracts, providing flexibility to renegotiate terms or strategically manage vacancy depending on the buyer’s profile.
Financial Details
Annual rental income: US$ 52,644
Annual property tax: US$ 4,664
Estimated gross annual income: US$ 47,980 (not including monthly maintenance)
Monthly maintenance: US$ 180 per office
Sale price: US$ 400,000
This property represents an excellent opportunity for investors seeking office assets with active income, contractual restructuring potential, and mid-term appreciation prospects.
Location
Investing in Obarrio means securing property in one of the most established and prestigious areas within Ciudad de Panamá. Its strategic location, strong corporate profile, and high demand make it a highly attractive sector for investors.
1. Strategic Location
Obarrio connects directly to major thoroughfares such as Calle 50 and Avenida Samuel Lewis, providing convenient access from various parts of the city. This positions it as a key hub for businesses and professionals.
2. Strong Corporate Demand
It is a well-established area with the presence of banks, multinational corporations, law firms, and high-profile companies. The consistent demand for office and commercial space supports rental stability.
3. Sustained Appreciation
As a central and fully developed district, land availability is limited, which drives long-term property appreciation. It is a mature area that continues to evolve with modern building developments.
4. Premium Environment
Obarrio blends office buildings, high-end residences, hotels, restaurants, and retail spaces. This creates an attractive urban ecosystem for both working and living, enhancing its competitiveness compared to other areas.
Currently, all four offices are leased. Three of them are occupied without active contracts, providing flexibility to renegotiate terms or strategically manage vacancy depending on the buyer’s profile.
Financial Details
Annual rental income: US$ 52,644
Annual property tax: US$ 4,664
Estimated gross annual income: US$ 47,980 (not including monthly maintenance)
Monthly maintenance: US$ 180 per office
Sale price: US$ 400,000
This property represents an excellent opportunity for investors seeking office assets with active income, contractual restructuring potential, and mid-term appreciation prospects.
Location
Investing in Obarrio means securing property in one of the most established and prestigious areas within Ciudad de Panamá. Its strategic location, strong corporate profile, and high demand make it a highly attractive sector for investors.
1. Strategic Location
Obarrio connects directly to major thoroughfares such as Calle 50 and Avenida Samuel Lewis, providing convenient access from various parts of the city. This positions it as a key hub for businesses and professionals.
2. Strong Corporate Demand
It is a well-established area with the presence of banks, multinational corporations, law firms, and high-profile companies. The consistent demand for office and commercial space supports rental stability.
3. Sustained Appreciation
As a central and fully developed district, land availability is limited, which drives long-term property appreciation. It is a mature area that continues to evolve with modern building developments.
4. Premium Environment
Obarrio blends office buildings, high-end residences, hotels, restaurants, and retail spaces. This creates an attractive urban ecosystem for both working and living, enhancing its competitiveness compared to other areas.
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