Commercial Building for Sale on Avenida Balboa

A flexible institutional property on Avenida Balboa

Avenida Balboa, Panamá

Active

$1,433,700

USD$3,186 / m²

  • 450 m²Built area
  • 3Bath
  • 5Parking
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Overview

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.

Before You Decide

  • The existing layout is specialized for funeral-home operations and includes viewing and embalming rooms.
  • Alternative commercial, professional, medical or institutional uses are described as subject to current regulations.
  • The building has approximately five parking spaces, three of them covered.
  • The area figures differ between the structured data and property description and should be verified before a purchase decision.

Highlights

  • Commercial building on Avenida Balboa in central Panama City
  • Currently operating as a funeral home; stated zoning 1ZM7
  • Reception area, four offices and three viewing rooms
  • Embalming room, cafeteria and nine storage rooms
  • Two full bathrooms and two half bathrooms
  • Approximately five parking spaces, including three covered
  • Covered entrance, paved areas and concrete structure
  • Tile floors, aluminum windows and gypsum ceilings

At a Glance

Status
For sale
Asking price
$1,433,700
Bathrooms
2 full and 2 half
Parking
Approximately 5 spaces, 3 covered
Property type
Commercial building
Current use
Funeral home
Neighborhood
Avenida Balboa
City
Panama City
Listing ID
CNV-PROP-011860

Key Facts

Category
Commercial
Unit type
Building Entire
New or resale
Resale
Listed
3 October 2026
Last updated
3 October 2026

Frequently Asked Questions

What is the building currently used for?
The building currently operates as a funeral home.
What zoning is stated for the property?
The stated zoning is 1ZM7.
How many parking spaces does the property have?
The property has approximately five parking spaces, including three covered spaces.
What rooms and facilities are included?
The building includes a reception area, four offices, three viewing rooms, an embalming room, a cafeteria, nine storage rooms, two full bathrooms and two half bathrooms.
How many offices and viewing rooms does the building have?
The building has four offices and three viewing rooms.
How many bathrooms are in the building?
The building has two full bathrooms and two half bathrooms.

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