Bathrooms
3 bathrooms
A flexible institutional property on Avenida Balboa
Avenida Balboa, Panamá
$1,433,700
USD$3,186 / m²
Positioned in central Panama City, this commercial building offers a purpose-built layout for funeral-home operations and potential adaptation to other commercial, professional, medical or institutional uses, subject to current regulations. Its established Avenida Balboa setting brings the property into one of the capital’s recognized commercial zones. The current layout includes a reception area, four offices, three viewing rooms, an embalming room, a cafeteria and nine storage rooms. The building also has two full bathrooms and two half bathrooms. Tile flooring, aluminum windows, gypsum ceilings and a concrete structure complete a practical, service-oriented interior. The structured area is 450 m²; the property description also cites improvements totaling over 485 m², so the area figure should be confirmed before relying on it. Approximately five parking spaces are available, including three covered spaces, alongside a covered entrance and paved areas. The property is offered for $1,433,700 and is zoned 1ZM7. For organizations, clinic operators or investors seeking a substantial commercial asset in downtown Panama City, this adaptable building merits a closer look. Contact Casanova Realty to discuss the property and arrange next steps.
In Short
This commercial building on Avenida Balboa is offered for $1,433,700. Its current funeral-home layout includes four offices, three viewing rooms, an embalming room, a cafeteria, nine storage rooms, two full bathrooms and two half bathrooms. Parking is approximately five spaces, including three covered spaces.
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3 bathrooms
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Estimated monthly payment
$6,179
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.
Total, before mortgage:$0 / month
Asking price per m², against the building, the sector and the country.
Asking 19% above the Avenida Balboa average — worth understanding what justifies it before you offer.
The property is offered for sale at $1,433,700. Rental income, operating costs, and investment yield have not been established.
This residence is not attached to a building page in our directory.
Bella Vista, Panamá
Commercial building for sale in Avenida Balboa
Avenida Balboa, Panamá
Positions are schematic, spaced by travel distance.
Get directionsBella Vista, Panamá, Panamá · Panama City
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Same market, comparable size and price.
Speak to our team — viewings in person or by video, usually within 48 hours.