Building for rent in Casco Viejo, Panama City. For Lease

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$ 45,000.00

Description

For Lease – Casa Lola | Prime Hospitality Investment in Casco Viejo, Panama City


Investment Opportunity


A rare opportunity to lease a fully restored historic hospitality property at the entrance of Casco Viejo, the most iconic and visited district of Panama City.


Strategically positioned in the San Felipe quarter, Casa Lola benefits from exceptional pedestrian traffic, proximity to luxury boutique hotels, restaurants, rooftop bars, and cultural landmarks. The property offers an ideal platform for international hotel operators, restaurant groups, lifestyle brands, or private hospitality concepts seeking a flagship presence in Panama’s premier tourism destination.


Property Overview


Casa Lola is a 4.5-level historic building that has been recently restored and structurally upgraded to accommodate modern hospitality operations while preserving the architectural character of the historic district.


The property offers the flexibility to operate as a boutique hotel, members’ club, lifestyle hospitality concept, or mixed-use restaurant and hotel project.


General Specifications




  • Total Construction Area: 1,252 m² (approx. 13,476 sq ft)




  • Lot Size: 352 m² (approx. 3,789 sq ft)




  • Levels: 4.5 floors including rooftop terraces




  • Use: Hospitality / Commercial / Mixed-use




  • Condition: Fully restored with modern infrastructure




  • Occupancy Permit: Submitted




The building has been upgraded with:




  • Main elevator and service elevator




  • New staircases and structural improvements




  • Central air-conditioning infrastructure




  • Fire sprinkler system




  • Gas installations for commercial kitchens




  • Backup power generation plant




These upgrades significantly reduce the time and capital required for a hospitality operator to bring the project into operation.


Interior Program & Layout


Street Level – Level 000


Designed to activate the pedestrian flow of Casco Viejo.




  • Restaurant space with potential outdoor seating on pedestrian plaza




  • Professional commercial kitchen




  • Private dining salon




  • Storage areas and wine storage




  • Two public bathrooms




  • Service elevator




Level 100




  • 11 guest rooms or office suites




  • Each with private full bathroom




Level 200




  • 11 additional guest rooms




  • Each with private bathroom




  • Potential loft / attic-style room configuration




Level 250




  • Second restaurant or lounge concept




  • Bar and kitchen infrastructure




Rooftop Experience


One of the most valuable assets of the property.




  • Two rooftop terraces




  • Bar area




  • Four public bathrooms




  • 360° panoramic views of the Pacific Ocean, the Casco Viejo skyline, and modern Panama City




The rooftop level offers strong potential for a signature rooftop bar or event venue, a key driver of revenue in the Casco hospitality market.


Strategic Location


Located at the entrance of Casco Viejo, the property benefits from immediate access to the district’s main pedestrian corridors and cultural attractions.


Casco Viejo is a Historic District of Panama City, recognized internationally for its architecture, tourism appeal, and vibrant hospitality scene. The area attracts tourists, international investors, cruise passengers, and local residents, making it the epicenter of Panama City's boutique hotel and restaurant market.


Ideal Uses


Casa Lola is ideally suited for:




  • Boutique hotel operator




  • Luxury lifestyle hospitality brand




  • Private members club




  • Restaurant group with rooftop concept




  • Mixed-use hospitality development




The scale, layout, and infrastructure allow for multiple revenue streams including accommodation, food & beverage, events, and rooftop nightlife.


Leasing Opportunity


This is a rare large-scale hospitality asset available for lease in Casco Viejo, offering operators the ability to establish a distinctive destination in Panama’s most visited historic district.


Further information, financial terms, and private tours available upon request.

En Alquiler – Casa Lola | Oportunidad de Inversión en Casco Viejo


Edificio histórico restaurado de 4.5 niveles ubicado en la entrada de Casco Viejo, en el corregimiento de San Felipe, una de las zonas con mayor actividad turística y peatonal de Panama City.


La propiedad ofrece una excelente oportunidad para operadores de hotel boutique, grupos gastronómicos, clubes privados o conceptos de hospitalidad mixta.


Características Generales




  • Área de construcción: 1,252 m²




  • Tamaño del lote: 352 m²




  • Niveles: 4.5 pisos incluyendo terrazas en la azotea




  • Uso: Comercial / Hospitalidad / Uso mixto




  • Estado: Edificio restaurado con infraestructura moderna




  • Permiso de ocupación: En trámite




El edificio cuenta con elevador principal y elevador de servicio, sistema de aire acondicionado, sistema contra incendios con rociadores, instalaciones de gas para cocina comercial y planta eléctrica.


Distribución


Planta baja
Área para restaurante con posibilidad de terraza exterior, cocina profesional, salón privado, depósitos, cava de vinos, dos baños públicos y elevador de servicio.


Nivel 100
11 habitaciones o suites, cada una con baño privado.


Nivel 200
11 habitaciones adicionales con baño privado y opción de habitación tipo loft.


Nivel 250
Espacio para segundo restaurante, lounge o bar con área de cocina.


Azotea
Dos terrazas con área de bar, cuatro baños y vistas panorámicas al mar, Casco Viejo y el skyline de la ciudad.


Una propiedad única para desarrollar un hotel boutique o concepto gastronómico con rooftop en una de las zonas más visitadas de Panamá.


Información adicional y visitas privadas disponibles bajo solicitud.

listing details
  • Listing ID: 002964536051
  • Property type: Building
  • Contract type: For Lease
  • Price: $ 45,000.00
  • Bathrooms: 10
  • Bedrooms: 22
  • Stories/Floor: 1
  • Year built: 2025
  • Construction size: 1,252.00 Sq. Mt. - 13,476.40 Sq Ft.
  • Lot size: 1,252.00 Sq. Mt. - 13,476.40 Sq Ft.
Features
  • Air conditioning
  • Gated community
  • Garage open
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