Two-Level Commercial Property in Casco Viejo
Casa Completa RMH2-C1Casco Viejo
- 200 m²
$690,000
$3,450 / m²
Two-Level Commercial Property in Casco Viejo
A two-level renovation opportunity in Casco Viejo
Casco Viejo, Panamá
Active
$769,000
USD$1,987 / m²
- 387 m²Built area
- 180 m²Land
Overview
On Avenida A in Casco Viejo, this two-level property combines a 387 m² construction area with a 180 m² lot. Its scale and location make it a distinctive opportunity for buyers considering a residential or commercial project in Panama’s historic center. The property is identified as a house structure with two levels and potential for remodeling. The source-stated figures are 387 m² of construction and 180 m² of land. A renovation project may also explore additional area, subject to applicable approvals. The building is associated with a Category 3 historic-preservation classification. The property fronts a busy road, placing its address on Avenida A within the Casco Viejo–Santa Ana area. The surrounding sector is described as undergoing renewal and appreciation, while the setting offers the character of a historic district. No parking, bedroom, bathroom, or interior-finish details are established. Consider the property for a private residence or commercial concept, and arrange a viewing to assess its renovation potential.
In Short
The property offers 387 m² of construction on a 180 m² lot, with two levels, in the Casco Viejo–Santa Ana area. The asking price is $769,000. The structure is identified as suitable for remodeling and potential residential or commercial use.
Before You Decide
- The 387 m² construction area and 180 m² lot provide the basis for evaluating a renovation project.
- Confirm the official zoning and preservation requirements before planning a residential, commercial, or expansion project.
- Parking, room counts, title information, and renovation condition details are not established.
The property is identified as suitable for remodeling.
Highlights
- 387 m² of construction area
- 180 m² lot
- Two-level house structure
- On Avenida A in the Casco Viejo–Santa Ana area
- Fronts a busy road
- Identified as a remodeling opportunity
- Potential to explore additional area, subject to approvals
- Category 3 historic-preservation classification
At a Glance
- Status
- Available
- Asking price
- $769,000
- Price per m²
- $1,987.08/m² of construction
- Construction area
- 387 m²
- Lot area
- 180 m²
- Levels
- 2
- Property type
- Commercial building
- Neighborhood
- Casco Viejo
- City
- Panama City
- Listing ID
- CNV-PROP-079669
Key Facts
- Category
- Commercial
- Unit type
- Building Entire
- New or resale
- Resale
- Listed
- 4 March 2025
- Last updated
- 4 March 2025
Gallery
7 photographs of this residence.
Explore Building
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
- Total
- 387 m² · 4,166 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $769,000
- Price per m²
- $1,987 / m²
- Cash to close (est.)
- $230,700at 30% down
Mortgage Estimate
- Down payment
- 30% · $230,700
- Loan amount
- $538,300
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$3,314
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 property has 387 m² of construction area and a separate 180 m² lot area.
- The calculated asking price is approximately $1,987.08 per m² of construction area.
Value Comparison
Asking price per m², against the building, the sector and the country.
Building$1,987 / m²
Casco Viejo average$4,075 / m²
Panama average$4,306 / m²
Asking 51% below the Casco Viejo average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
A 387 m² construction-area property on a 180 m² lot, with two levels and renovation potential in Casco Viejo. The asking price is $769,000; zoning details require verification before investment or redevelopment decisions.
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- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
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- Days on market
Renovation and potential area expansion are identified as value-add possibilities; feasibility and approvals are not established.
Price History
- Listed · March 2025$769,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Casco Viejo
Santa Ana, Panamá
Casa Completa RMH1-C1
Casco Viejo, Panamá
Positions are schematic, spaced by travel distance.
Get directionsCasco Viejo on Casanova today
- Active sale listings
- 98
- Active rentals
- 0
- Median asking price per m²
- $4,084
Getting Around
Santa Ana, Panamá, Panamá · Panama City
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
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Interested in Two-Level Commercial Property in Casco Viejo?
Speak to our team — viewings in person or by video, usually within 48 hours.