Commercial Building in Downtown Panama
Avenida Balboa, Panamá
—
Offices
—
Baths
450.00 m²
Area
Building
Type
About this property
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
Location
Similar properties
Commercial and residential building in Santa Ana
$3,769,000
Commercial building on a corner in Santa Ana
$2,890,000
Commercial building with ROI in casco viejo.
$2,760,000
Commercial building with shops in Santa Ana.
$2,790,000
Building for boutique hotel or Airbnb in Santa Ana
$1,790,000
Building for large development of up to 5,000 m2
$1,690,000