88.09 m² Retail Unit in Albrook Mall
Ground-floor retail space at a busy Albrook Mall entrance
Albrook, Panamá
Active
$650,000
USD$7,379 / m²Negotiable
- 88.09 m²Floor area
- 100Parking
- MallSetting
- 1Bath
Overview
A ground-floor position at a busy Albrook Mall entrance sets this 88.09 m² retail unit apart. Located near an exit in a high-volume shopping center, the space is currently rented to a tenant, making it a commercial property to consider for an investment purchase. The finished unit has one bathroom and central air conditioning. Its ground-floor placement, near a busy entrance and exit, gives businesses direct access to the mall’s customer flow. Visitor parking is available at the mall. The recorded parking count is not included in the property details here because the stated quantity needs confirmation. Albrook Mall is the defining location: a major shopping destination in Panama City, with a high volume of customer traffic. The commercial unit is offered for USD 650,000, with a negotiable asking price. Details such as rent, lease duration, maintenance charges and tenant identity are available to confirm. Contact Casanova Realty to discuss the property and arrange next steps.
In Short
Albrook Mall's 88.09 m² commercial unit is located on the ground floor by a busy entrance and near an exit. The finished space has central air conditioning and one bathroom. It is currently rented and offered for sale at USD 650,000, negotiable. Visitor parking is mentioned; the recorded quantity needs confirmation.
Before You Decide
- A ground-floor position by a busy mall entrance and near an exit can suit retail concepts seeking customer exposure.
- The unit is reported to have a tenant, but rent, lease length and tenant identity should be obtained to evaluate income.
- The USD 650,000 asking price is negotiable; the calculated price is approximately USD 7,378.82 per m².
- Confirm whether the recorded parking count refers to spaces allocated to the unit or general mall visitor parking.
Highlights
- 88.09 m² of retail space
- Ground-floor location in Albrook Mall
- Positioned by a busy entrance and near an exit
- Currently rented to a tenant
- Central air conditioning
- Finished interior
- One bathroom
- USD 650,000 asking price, negotiable
At a Glance
- Status
- Available for sale; currently rented
- Asking price
- USD 650,000 (negotiable)
- Price per m²
- USD 7,378.82/m²
- Property type
- Commercial retail unit
- Area
- 88.09 m²
- Bathrooms
- 1 bathroom
- Floor
- Ground floor
- Parking
- Visitor parking; quantity to confirm
- Building
- Albrook Mall
- Neighborhood
- Albrook
- City
- Panama City
- Listing ID
- CNV-PROP-079710
Key Facts
- Category
- Commercial
- Unit type
- Commercial Retail
- Listed
- 10 February 2025
- Last updated
- 27 March 2025
Gallery
15 photographs of this residence.
What's Included
Everything that stays with the residence.
- Finished interior
- 100 parking spaces
Explore Retail local
Take a closer look before you travel.
No video on file for this unit yet. We can walk you through it live over WhatsApp — most buyers outside Panama start that way.
Features & Finishes
Layout
- Full baths
- 1
- Total
- 88 m² · 948 ft²
Systems & Comfort
- Air conditioning
- Central
Parking & Storage
- Spaces
- 100
- Covered
- No
Interior
- Finished interior
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $650,000
- Price per m²
- $7,379 / m²
- Cash to close (est.)
- $195,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $195,000
- Loan amount
- $455,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$2,802
Principal and interest only
An illustration, not an offer. Panamanian banks lend up to about 70% to residents and 50–60% to non-residents; your rate depends on the bank, the term and your file.
Monthly Carrying Cost
Property tax$0
Insurance$0
Total, before mortgage:$0 / month
If you let it out
How It Compares
- The unit offers 88.09 m² of retail space in Albrook Mall.
- Its asking price is USD 650,000, or approximately USD 7,378.82 per m² based on the stated area.
- The unit is described as ground-floor space near a busy entrance and an exit.
Value Comparison
Asking price per m², against the building, the sector and the country.
Retail local$7,379 / m²
Albrook average$3,440 / m²
Panama average$4,306 / m²
Asking 115% above the Albrook average — worth understanding what justifies it before you offer.
Investment Case
This 88.09 m² retail unit in Albrook Mall is offered for USD 650,000, with a negotiable asking price. A tenant is reported to be leasing the premises, but rent, lease term, expenses and other figures needed to assess investment yield are not available.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · February 2025$650,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Albrook
Ancón, Panamá
Albrook on Casanova today
- Active sale listings
- 105
- Active rentals
- 0
- Median asking price per m²
- $2,333
Getting Around
Ancón, Panamá, Panamá · Panama City
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Frequently Asked Questions
What is the asking price?
The asking price is USD 650,000 and is negotiable.
How large is the retail unit?
The unit measures 88.09 m².
Is the unit currently rented?
Yes. The unit is described as rented to a tenant; lease terms and rental income are not provided.
Does the unit have air conditioning?
Yes. Central air conditioning is listed.
How many parking spaces are included?
The parking quantity needs confirmation. Visitor parking is mentioned, while the recorded garage count is 100.
What is the monthly HOA fee?
The monthly HOA or maintenance amount is not provided.
Is the property currently rented?
Yes. The unit is described as rented, but the lease and rent details are not provided.
Similar Properties
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Interested in 88.09 m² Retail Unit in Albrook Mall?
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