Building for Sale in Central Avenue. For Sale

This property has been viewed 14 times.

$ 2,200,000.00

18Bedrooms
1,694.45Sq. Mt.
BuildingSale
Description

Prime location, high commercial foot traffic, and guaranteed appreciation potential! Presenting this excellent mixed-use property (ZH-01 / RM3-C2) located directly on the iconic Avenida Peatonal de la Central with direct access to Calle 16 Este.


- BUILDING SPECIFICATIONS




  • Structure: Solid reinforced concrete construction in an excellent state of conservation and maintenance.




  • Layout: 5-level building (1 ground level / main floor and 4 upper floors).




  • Commercial Spaces: 2 commercial spaces on the ground floor (one of which connects to the first upper floor with an independent entrance).




  • Functional Units: 18 studio apartments or office spaces (6 units per level).




  • Area: 338.80 sq. meters of land and 1,694.45 sq. meters of total construction.




  • Infrastructure: Water system with a storage tank and high-pressure pump, security doors, restrooms per floor, and all basic utilities (water, electricity, telephone, and internet).




- NEARBY LOCATION & KEY HIGHLIGHTS


The property enjoys privileged connectivity and accessibility in Santa Ana:




  • Immediate Points of Interest: Steps away from the CSS Presidente Remón Polyclinic, Caja de Ahorros Séptima Central, and the start of Calle H.




  • Connectivity: Just minutes from the Metro Station (5 de Mayo), the Cinta Costera, and Avenida Balboa.




  • Services & Shopping: Close to the Seafood Market (Mercado de Mariscos), San Felipe Neri Market, El Machetazo, Super 99, Rey, and major banking hubs (Banco Nacional, Banco General).




- A UNIQUE CULTURAL AND TOURIST ENVIRONMENT


Being on La Central means being part of the historical and tourist heart of Panama:




  • Minutes from Casco Antiguo / Casco Viejo: A world-renowned tourist hotspot surrounded by nightlife, restaurants, coffee shops, churches, and historic plazas.




  • Cultural Attractions: Direct connection to iconic landmarks like Santa Ana Park, the Museo Inmersivo del Arrabal, and Mi Pueblito.




- BOOSTED BY THE "GRAN CENTRAL" PROJECT & APPRECIATION ON LA CENTRAL


Investing in Avenida Central today means securing an asset at the epicenter of the city's largest urban revitalization:




  • Transformation via "Gran Central": This ambitious mega-project and new urban district is redefining Avenida Central and Santa Ana, turning the area into a walkable, sustainable, and vibrant district that integrates residential complexes, an international hotel, commercial plazas, and cultural spaces.




  • Appreciation Potential: Strong private and government investments are boosting economic flow and exponentially raising the property value in surrounding areas.




  • Real Estate Versatility: Commercial and residential zoning allows this building to be transformed or repurposed into multi-family housing, short-term/vacation rentals, or commercial offices tailored to modern market demand.




Capitalize on the ideal moment to invest in Panama's expanding urban core!


Contact us for more details about this property.

listing details
  • Listing ID: 002963896039
  • Property type: Building
  • Contract type: For Sale
  • Price: $ 2,200,000.00
  • Bedrooms: 18
  • Stories/Floor: 5
  • Year built: 2008
  • Construction size: 1,694.45 Sq. Mt. - 18,238.89 Sq Ft.
  • Lot size: 338.80 Sq. Mt. - 3,646.81 Sq Ft.
Features
  • Garage open
Map
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