Commercial building with ocean views on Avenida Balboa
Avenida Balboa commercial building with ocean views
Avenida Balboa, Panamá
Active
$10,500,000
USD$2,520 / m²Negotiable
- 4,166 m²Built area
- 2Bed
- 0Bath
- 507Parking
Overview
A substantial commercial opportunity on Avenida Balboa, this 4,166 m² building pairs ocean views with an unusually large on-site parking provision. Offered for $10,500,000, the asking price is negotiable. The property includes 507 private ground-level parking spaces. Its recorded configuration lists two bedrooms and zero bathrooms. Across the road, a very large free public parking area provides an additional parking option for visitors and staff. Positioned on Avenida Balboa, the building is presented as a commercial and office property in a central Panama City setting. Ocean views and extensive parking are its standout stated features; additional building facilities, floor count, and operating details are not specified. Explore the potential of this large-format commercial property and arrange a visit to discuss the building, its permitted uses, and the negotiable asking price.
In Short
The commercial building is offered for $10,500,000, with a negotiable asking price. Its stated total area is 4,166 m², equivalent to about $2,520.40 per m² based on the asking price. It has ocean views and 507 private ground-level parking spaces; a very large free public parking area is described across the road.
Before You Decide
- The asking price is negotiable at $10,500,000.
- The stated area is 4,166 m², or approximately $2,520.40 per m² using the asking price.
- The property includes 507 private ground-level parking spaces, with a large free public parking area described across the road.
- Confirm the site's exact location because the written Avenida Balboa location and supplied coordinates do not align.
- Confirm zoning, permitted uses, building systems, and operating expenses before purchase.
Highlights
- 4,166 m² stated total area
- Asking price: $10,500,000; negotiable
- Ocean views
- 507 private ground-level parking spaces within the building
- Very large free public parking area across the road
- Commercial and office building
- Recorded configuration: 2 bedrooms and 0 bathrooms
At a Glance
- Status
- Available
- Asking price
- $10,500,000 (negotiable)
- Bedrooms
- 2 bedrooms
- Bathrooms
- 0 bathrooms
- Parking
- 507 private ground-level spaces
- Property type
- Commercial/office building
- Building
- Commercial building on Avenida Balboa
- Neighborhood
- Avenida Balboa
- City
- Panama City
- Listing ID
- CNV-PROP-065821
Key Facts
- Category
- Commercial
- Unit type
- Building Entire
- Listed
- 5 October 2026
- Last updated
- 5 October 2026
Gallery
10 photographs of this residence.
What's Included
Everything that stays with the residence.
- 507 parking spaces
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
- Bedrooms
- 2
- Full baths
- 0
- Total
- 4,166 m² · 44,842 ft²
Systems & Comfort
- Views
- Ocean
Parking & Storage
- Spaces
- 507
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $10,500,000
- Price per m²
- $2,520 / m²
- Cash to close (est.)
- $3,150,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $3,150,000
- Loan amount
- $7,350,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$45,255
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
- A direct price-per-area comparison is approximately $2,520.40 per m², calculated from the $10,500,000 asking price and the stated 4,166 m² total area.
- The stated parking provision is 507 private ground-level spaces.
Value Comparison
Asking price per m², against the building, the sector and the country.
Building$2,520 / m²
Avenida Balboa average$2,685 / m²
Panama average$4,306 / m²
Asking 6% below the Avenida Balboa average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
At the asking price of $10,500,000, the source-stated total area of 4,166 m² equates to approximately $2,520.40 per m². This calculation does not include taxes, closing costs, or operating expenses.
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- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
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- Days on market
Price History
- Listed · October 2026$10,500,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Avenida Balboa
Bella Vista, Panamá
Commercial building on Avenida Balboa
Avenida Balboa, Panamá
Positions are schematic, spaced by travel distance.
Get directionsAvenida Balboa on Casanova today
- Active sale listings
- 313
- Active rentals
- 0
- Median asking price per m²
- $2,588
Getting Around
Bella 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.
Frequently Asked Questions
What is the asking price?
The asking price is $10,500,000, and the price is negotiable.
How large is the commercial building?
The stated total area is 4,166 m².
How many parking spaces are included?
The building has 507 private ground-level parking spaces.
What views does the building offer?
The property is described as having ocean views.
Is there additional public parking nearby?
A very large free public parking area is described across the road.
How much total area is stated?
The stated total area is 4,166 m².
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Interested in Commercial building with ocean views on Avenida Balboa?
Speak to our team — viewings in person or by video, usually within 48 hours.