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$ 5,600,000
Est. payment /mo
New
El Dorado
40,494 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 40,494 sqft
Price per Sqft $138
Lot Size 0.716 Acres
Property Description
Prime Commercial Investment with Diversified Income
Positioned within one of Panama City's most established and high-traffic commercial corridors, this three-story commercial building presents an outstanding investment opportunity for buyers seeking a stable, income-producing asset with long-term appreciation potential. Located in a high-visibility, premier commercial district the property enjoys exceptional visibility, continuous pedestrian and vehicular traffic, and direct access to the city's main transportation routes.
Built on a 2,899 m² site with approximately 3,762 m² of improvements, the property comprises 13 independent commercial units, creating a diversified tenant mix that enhances income stability and reduces operational risk. The building has successfully accommodated restaurants, financial institutions, and service-oriented businesses, demonstrating its versatility and strong market appeal.
Designed to meet modern commercial requirements, the property features quality finishes, climate-controlled areas, an elevator, and a backup power generator, ensuring operational continuity and
a comfortable environment for tenants and visitors alike.
With an estimated gross monthly income approaching US$40,000 and a potential capitalization rate of approximately 8%, this asset offers an attractive balance of location, income performance, and long-term investment value within one of Panama's most established commercial districts.
Property Highlights:
• 2,899 m² commercial site with C2 zoning
• Approximately 3,762 m² of constructed area
• 13 independent commercial units
• Diversified income stream from multiple tenants
• High pedestrian and vehicular traffic exposure
• Direct connectivity to major city thoroughfares
• Three-story building plus technical rooftop level
• Elevator serving the property
• Backup power generator
• Quality commercial finishes including porcelain flooring, imported ceramics, aluminum, and glass
• Central air-conditioning in multiple areas
• Proven history of active commercial occupancy
• Estimated gross monthly income of approximately US$40,000
• Potential capitalization rate of approximately 8% (Cap Rate)
Positioned within one of Panama City's most established and high-traffic commercial corridors, this three-story commercial building presents an outstanding investment opportunity for buyers seeking a stable, income-producing asset with long-term appreciation potential. Located in a high-visibility, premier commercial district the property enjoys exceptional visibility, continuous pedestrian and vehicular traffic, and direct access to the city's main transportation routes.
Built on a 2,899 m² site with approximately 3,762 m² of improvements, the property comprises 13 independent commercial units, creating a diversified tenant mix that enhances income stability and reduces operational risk. The building has successfully accommodated restaurants, financial institutions, and service-oriented businesses, demonstrating its versatility and strong market appeal.
Designed to meet modern commercial requirements, the property features quality finishes, climate-controlled areas, an elevator, and a backup power generator, ensuring operational continuity and
a comfortable environment for tenants and visitors alike.
With an estimated gross monthly income approaching US$40,000 and a potential capitalization rate of approximately 8%, this asset offers an attractive balance of location, income performance, and long-term investment value within one of Panama's most established commercial districts.
Property Highlights:
• 2,899 m² commercial site with C2 zoning
• Approximately 3,762 m² of constructed area
• 13 independent commercial units
• Diversified income stream from multiple tenants
• High pedestrian and vehicular traffic exposure
• Direct connectivity to major city thoroughfares
• Three-story building plus technical rooftop level
• Elevator serving the property
• Backup power generator
• Quality commercial finishes including porcelain flooring, imported ceramics, aluminum, and glass
• Central air-conditioning in multiple areas
• Proven history of active commercial occupancy
• Estimated gross monthly income of approximately US$40,000
• Potential capitalization rate of approximately 8% (Cap Rate)
Listed by Liliana Plata • Engel & Völkers Panama City
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