Commercial property on Avenida Central, Calidonia
A Calidonia corner property ready for its next commercial chapter
Calidonia, Panamá
Active
$2,500,000
USD$501 / m²
Overview
At the corner on Avenida Central, this Calidonia commercial property offers a prominent position in a busy, centrally located business district. With 4,992 m² of total area and a two-level building, it is presented as an opportunity for restoration or reconstruction. The existing building comprises a ground floor and a first upper floor, with eight bathrooms. A dedicated shaft is set aside for an elevator or freight lift. The property is zoned RM3-C2, and its location on a busy thoroughfare makes it suited to buyers evaluating commercial use, storage, or distribution. Confirm the permitted scope of work and the exact area basis as part of due diligence. Avenida Central places the property within Calidonia’s commercial activity, with access to important city roads and proximity to commerce, transport, and services. The central setting supports a range of business and redevelopment considerations. Contact Casanova Realty to discuss the property and arrange the next steps.
In Short
The commercial property in Calidonia is offered for sale at $2,500,000. It has a stated total area of 4,992 m² and an existing two-level building with eight bathrooms. The property is on a corner of busy Avenida Central, has RM3-C2 zoning, and is presented for restoration or reconstruction.
Before You Decide
- The property is presented for restoration or reconstruction, so buyers should assess building condition and project scope.
- Confirm how the stated 4,992 m² relates to the parcel and existing building.
- Verify RM3-C2 zoning and permitted uses with the relevant authority.
- Parking, utilities, title details, and the installation status of the freight lift are not provided.
Highlights
- Corner location on busy Avenida Central in Calidonia
- 4,992 m² total property area
- Existing commercial building with two levels
- Eight bathrooms
- Dedicated shaft for an elevator or freight lift
- RM3-C2 zoning
- Presented for restoration or reconstruction
- Close to commerce, transport, services, and important city roads
At a Glance
- Status
- Available
- Asking price
- $2,500,000
- Price per m²
- $500.80/m²
- Bathrooms
- 8
- Total area
- 4,992 m²
- Building levels
- 2
- Zoning
- RM3-C2
- Property type
- Commercial property with an existing building
- Neighborhood
- Calidonia
- City
- Panama City
- Listing ID
- CNV-PROP-079392
Key Facts
- Category
- Land
- Unit type
- Land Lot
- New or resale
- Resale
- Listed
- 5 May 2026
- Last updated
- 5 May 2026
Gallery
11 photographs of this residence.
Explore Titled lot
Take a closer look before you travel.
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Features & Finishes
Layout
- Full baths
- 8
- Total
- 4,992 m² · 53,733 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $2,500,000
- Price per m²
- $501 / m²
- Cash to close (est.)
- $750,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $750,000
- Loan amount
- $1,750,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$10,775
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 calculated asking price is approximately $500.80 per m², using the $2,500,000 price and the stated 4,992 m² total area.
- The existing building is described as two levels with eight bathrooms.
Value Comparison
Asking price per m², against the building, the sector and the country.
Titled lot$501 / m²
Calidonia average$1,840 / m²
Panama average$4,306 / m²
Asking 73% below the Calidonia average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
A 4,992 m² commercial property in Calidonia, offered for $2,500,000. Its corner position on Avenida Central, two-level building, RM3-C2 zoning, and potential for restoration or reconstruction make verification of permitted use and area basis important next steps.
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- Gross yield
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- Net yield (est.)
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- 5-yr area growth
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- Days on market
The property is presented for restoration or reconstruction; the commercial location and RM3-C2 zoning are key points for due diligence.
Price History
- Listed · May 2026$2,500,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Calidonia
Calidonia, Panamá
Calidonia corner commercial building
Calidonia, Panamá
Positions are schematic, spaced by travel distance.
Get directionsCalidonia on Casanova today
- Active sale listings
- 50
- Active rentals
- 0
- Median asking price per m²
- $1,316
Getting Around
Calidonia, Panamá, Panamá · —
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Frequently Asked Questions
How large is the Calidonia commercial property?
The property is listed with a total area of 4,992 m².
How many bathrooms does the property have?
The property has eight bathrooms.
How many levels does the existing building have?
The building has two levels: a ground floor and a first upper floor.
What zoning is stated for the property?
The stated zoning is RM3-C2.
Does the property have a freight elevator?
The building has a dedicated shaft for an elevator or freight lift; the presence of an installed lift is not established.
What is the asking price?
The asking price is $2,500,000 USD.
What is the zoning?
The stated zoning is RM3-C2.
Similar Properties
Same market, comparable size and price.
Commercial Building for Sale in Calidonia
Edificio en Avenida Central con Calle 26 EsteCalidonia
- 3 Baths
- 4,992 m²
$2,500,000
$501 / m²
Interested in Commercial property on Avenida Central, Calidonia?
Speak to our team — viewings in person or by video, usually within 48 hours.