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Commercial Building in Downtown Panama

Panama  ·  Establishment  ·  ID #62033

Sale Price
$1,433,700
Total Area
450 m2
Parking
5

Property Details

Year Built: 1929
Total Area: 450 m2
Built Area: 485 m2

Description

Located in the heart of Panama City, this commercial building presents an excellent opportunity to acquire an institutional property in one of the capital's most established commercial zones. Zoned 1ZM7, the property currently operates as a funeral home, though its layout can be adapted to various commercial, professional, medical, or institutional uses, subject to current regulations. The building includes a reception area, four offices, three viewing rooms, an embalming room, a cafeteria, nine storage rooms, two full bathrooms, and two half bathrooms. It features quality finishes with tile floors, aluminum windows, gypsum ceilings, and a concrete structure. The exterior offers parking for approximately five vehicles, three covered parking spaces, a covered entrance, and paved areas, totaling over 485 square meters of improvements. Its strategic location within downtown Panama City makes this property an excellent option for companies, clinics, institutional organizations, or investors seeking a commercial asset with excellent accessibility. Features Panama City Center Zoning 1ZM7 Commercial building Parking for approximately five vehicles Three covered parking spaces
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Location

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Contact Info

Name MLS Acobir
Last Updated: 16 Jul 2026

Posted By

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