REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,275,000
Est. payment /mo
New
Chanis
914,932 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 914,932 sqft
Price per Sqft $1
Lot Size 0.295 Acres
Property Description
COMMERCIAL PLAZA IN CHANIS | INCOME-PRODUCING ASSET
An established commercial investment combining current rental income, a strategic location and long-term potential in one of Panama City's established urban areas.
Located on the main road in Chanis, this commercial plaza offers investors the opportunity to acquire a consolidated income-producing asset in a well-established residential and commercial district.
The property features approximately 850 m² of total area, with an existing commercial operation that generates US$7,025 in monthly rental income, providing an attractive recurring income stream from day one.
Its strategic location, established commercial activity and ZM2 zoning add further flexibility for investors considering long-term asset optimization and potential repositioning, subject to applicable regulations and approvals.
INVESTMENT HIGHLIGHTS
• Asking Price: US$1,275,000
• Total Area: 850 m² | 9,149 sqft
• US$7,025 current monthly rental income
• US$84,300 current annual rental income
• Approx. 6.61% gross annual return
• Approx. 15.1-year simple payback period
• US$1,500 per m² asking price
• US$8.26 average rent per m² per month
• Strategic location on Chanis' main road
• Established residential and commercial surroundings
• ZM2 zoning
• Potential for future repositioning and value creation, subject to applicable regulations
A STRATEGIC INCOME-PRODUCING INVESTMENT
Plaza Chanis combines existing cash flow, strategic positioning and future flexibility, making it an attractive proposition for investors seeking a commercial asset in Panama City.
The current rental operation provides recurring income, while the property's location within a consolidated urban area offers visibility, accessibility and exposure to established commercial activity.
The ZM2 zoning provides additional flexibility to evaluate future strategies for the property, subject to the applicable planning parameters and approvals.
For investors seeking a commercial asset with current income and long-term potential, Plaza Chanis offers the opportunity to acquire an established property with multiple avenues for future optimization.
Gross return is calculated based on current rental income, before operating expenses, taxes, insurance, maintenance and potential vacancy periods.
An established commercial investment combining current rental income, a strategic location and long-term potential in one of Panama City's established urban areas.
Located on the main road in Chanis, this commercial plaza offers investors the opportunity to acquire a consolidated income-producing asset in a well-established residential and commercial district.
The property features approximately 850 m² of total area, with an existing commercial operation that generates US$7,025 in monthly rental income, providing an attractive recurring income stream from day one.
Its strategic location, established commercial activity and ZM2 zoning add further flexibility for investors considering long-term asset optimization and potential repositioning, subject to applicable regulations and approvals.
INVESTMENT HIGHLIGHTS
• Asking Price: US$1,275,000
• Total Area: 850 m² | 9,149 sqft
• US$7,025 current monthly rental income
• US$84,300 current annual rental income
• Approx. 6.61% gross annual return
• Approx. 15.1-year simple payback period
• US$1,500 per m² asking price
• US$8.26 average rent per m² per month
• Strategic location on Chanis' main road
• Established residential and commercial surroundings
• ZM2 zoning
• Potential for future repositioning and value creation, subject to applicable regulations
A STRATEGIC INCOME-PRODUCING INVESTMENT
Plaza Chanis combines existing cash flow, strategic positioning and future flexibility, making it an attractive proposition for investors seeking a commercial asset in Panama City.
The current rental operation provides recurring income, while the property's location within a consolidated urban area offers visibility, accessibility and exposure to established commercial activity.
The ZM2 zoning provides additional flexibility to evaluate future strategies for the property, subject to the applicable planning parameters and approvals.
For investors seeking a commercial asset with current income and long-term potential, Plaza Chanis offers the opportunity to acquire an established property with multiple avenues for future optimization.
Gross return is calculated based on current rental income, before operating expenses, taxes, insurance, maintenance and potential vacancy periods.
Listed by Fanny Valdes • Engel & Völkers Panama City
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION