Bathrooms
3 bathrooms
485 m² Commercial Building in Downtown Panama Calidonia
A purpose-built commercial property with room to adapt
Calidonia, Panamá
Active
$1,433,700
USD$2,956 / m²
- 485 m²Built area
- 3Bath
- 5Parking
Overview
Set in the heart of Panama City, this 485 m² commercial building brings together a substantial, specialized layout and the flexibility to consider new commercial, professional, medical or institutional uses, subject to current regulations. Currently operating as a funeral home, it is offered for $1,433,700 and is identified with 1ZM7 zoning. Inside, the property has a reception area, four offices, three viewing rooms, an embalming room, a cafeteria and nine storage rooms. The building also includes two full bathrooms and two half bathrooms. Tile floors, aluminum windows, gypsum ceilings and a concrete structure complete the practical, durable specification. Outside, paved areas, a covered entrance and parking for approximately five vehicles—including three covered spaces—support day-to-day operations and visitor access. The downtown Panama City setting places the property within one of the capital’s established commercial zones. Whether you are evaluating a clinic, professional operation, institutional facility or another regulated commercial use, this distinctive property offers a substantial starting point. Contact Casanova Realty to arrange a viewing and discuss the property’s potential uses.
In Short
The commercial building in downtown Panama City is offered for $1,433,700 and has a stated area of 485 m². Its current funeral-home layout includes a reception area, four offices, three viewing rooms, an embalming room, cafeteria, nine storage rooms, two full bathrooms and two half bathrooms. It has parking for approximately five vehicles, including three covered spaces, and is identified with 1ZM7 zoning.
Before You Decide
- The current funeral-home layout includes dedicated viewing and embalming spaces as well as offices and storage.
- Potential commercial, professional, medical or institutional adaptations are subject to current regulations.
- The parking capacity is approximate; confirm the total and the status of the covered spaces.
- Confirm the official measured area because the structured area and narrative wording differ.
Highlights
- 485 m² commercial building offered for $1,433,700
- Currently operating as a funeral home; identified as zoned 1ZM7
- Reception area and four offices
- Three viewing rooms and a dedicated embalming room
- Cafeteria and nine storage rooms
- Two full bathrooms and two half bathrooms
- Parking for approximately five vehicles, including three covered spaces
- Tile floors, aluminum windows, gypsum ceilings and concrete structure
At a Glance
- Status
- Available
- Asking price
- $1,433,700
- Price per m²
- $2,956.08
- Property type
- Commercial building
- Area
- 485 m²
- Current use
- Funeral home
- Bathrooms
- 2 full, 2 half
- Offices
- 4
- Parking
- Approximately 5 spaces, including 3 covered
- Zoning
- 1ZM7
- Building
- Commercial Building in Downtown Panama
- Neighborhood
- Calidonia
- City
- Panama City
- Listing ID
- CNV-PROP-088453
Key Facts
- Category
- Commercial
- Unit type
- Building Entire
- Listed
- 13 October 2026
- Last updated
- 13 October 2026
Gallery
15 photographs of this residence.
Room by Room
Composed from this unit's own specification, not a template.
What's Included
Everything that stays with the residence.
- Tile floors
- Aluminum windows
- Gypsum ceilings
- Concrete structure
- 5 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
- Full baths
- 2
- Half baths
- 2
- Total
- 485 m² · 5,220 ft²
Parking & Storage
- Spaces
- 5
- Covered
- Yes
Interior
- Tile floors
- Aluminum windows
- Gypsum ceilings
- Concrete structure
Outdoor
- Covered entrance
- Paved areas
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $1,433,700
- Price per m²
- $2,956 / m²
- Cash to close (est.)
- $430,110at 30% down
Mortgage Estimate
- Down payment
- 30% · $430,110
- Loan amount
- $1,003,590
- Rate (assumed)
- 6.25%
- Term
- 30 years
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.
Monthly Carrying Cost
Property tax$0
Insurance$0
Total, before mortgage:$0 / month
If you let it out
How It Compares
- Asking price: $1,433,700.
- Stated area: 485 m²; calculated asking price: approximately $2,956.08 per m².
- Program: reception, 4 offices, 3 viewing rooms, an embalming room, cafeteria and 9 storage rooms.
- Parking: approximately 5 vehicle spaces, including 3 covered spaces.
Value Comparison
Asking price per m², against the building, the sector and the country.
Building$2,956 / m²
Calidonia average$1,840 / m²
Panama average$4,306 / m²
Asking 61% above the Calidonia average — worth understanding what justifies it before you offer.
Investment Case
Offered at $1,433,700, this 485 m² commercial building has an asking price of approximately $2,956.08 per m², calculated from the stated price and area.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · October 2026$1,433,700
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Calidonia
Calidonia, Panamá
Commercial Building in Downtown Panama
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 · 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 and area?
The commercial building is offered for $1,433,700 and has a stated area of 485 m².
How is the building currently used?
The building currently operates as a funeral home.
What spaces does the building include?
The layout includes a reception area, four offices, three viewing rooms, an embalming room, a cafeteria, nine storage rooms and four bathrooms: two full and two half.
How many parking spaces are available?
The property offers parking for approximately five vehicles, including three covered spaces.
What zoning applies to the property?
The property is identified as zoned 1ZM7. Any proposed use should be checked against current regulations.
What is the asking price?
The asking price is $1,433,700.
What is the stated area?
The stated area is 485 m².
How many bathrooms does the property have?
It has two full bathrooms and two half bathrooms.
What is the current use and zoning?
The building currently operates as a funeral home and is identified with 1ZM7 zoning. Confirm current regulations for any proposed alternative use.
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Interested in 485 m² Commercial Building in Downtown Panama?
Speak to our team — viewings in person or by video, usually within 48 hours.