
Commercial building for sale in Barrio Balboa La Chorrera
A multi-level commercial investment with room to grow
La Chorrera, La Chorrera
$1,600,000
USD$1,159 / m²
- 1,380.08 m²Built area
- 404.48 m²Land
- 4Parking
Overview
In Barrio Balboa, La Chorrera, this multi-level commercial building combines existing business activity with space to pursue additional leasing opportunities. Its scale, adaptable layouts and road-facing commercial exposure make it a compelling option for investors and businesses seeking a substantial asset in Panamá Oeste. The property offers 1,380.08 m² of construction area on a 404.48 m² lot. It has four front parking spaces and multiple commercial levels, including broad open-plan areas. Large windows bring natural light into the spaces, and the final level is described as available with an open layout that can be adapted to a future occupant’s needs. The building was built in 2000. Some areas are currently occupied by commercial activities, while other spaces offer potential for new leases or business expansion. The ground floor is also offered for rent at $6,500 per month. Potential uses include a showroom, department store, furniture store, distribution and sales center, corporate offices, clinic, educational institution, training center, gym or coworking space, subject to applicable regulations and permits. For buyers looking to acquire a commercial property with existing activity and room to increase occupancy, this La Chorrera opportunity merits a closer look. Contact Casanova Realty to discuss the sale and the separately advertised ground-floor rental option.
In Short
The commercial building in Barrio Balboa is offered for $1,600,000. It has 1,380.08 m² of construction area on a 404.48 m² lot, multiple levels, four front parking spaces and a ground-floor rental option advertised at $6,500 per month.
Before You Decide
- The asking price is $1,600,000; the calculated ratio to the stated construction area is $1,159.35/m².
- Some commercial spaces are occupied, while other areas are described as offering leasing potential.
- The ground-floor rental offer is $6,500 per month and is separate from the building sale.
- Exact floor count, lease details, building systems and permitted uses require confirmation.
Highlights
- Asking price: $1,600,000
- 1,380.08 m² of construction area
- 404.48 m² lot
- Four front parking spaces
- Multiple commercial levels with adaptable open-plan areas
- Large windows and natural light on the available top level
- Some commercial spaces are occupied; other areas offer leasing potential
- Ground floor also offered for rent at $6,500 per month
At a Glance
- Status
- Available for sale
- Asking price
- $1,600,000
- Price per m²
- $1,159.35/m² of construction area
- Construction area
- 1,380.08 m²
- Lot area
- 404.48 m²
- Building levels
- Multiple levels
- Parking
- 4 front spaces
- Year built
- 2000
- Ground-floor rental option
- $6,500/month
- Neighborhood
- Barrio Balboa
- City
- La Chorrera
- Listing ID
- CNV-PROP-012700
Key Facts
- Category
- Commercial
- Property type
- Entire Building
- Unit type
- Building Entire
- New or resale
- Resale
- Listed
- 15 July 2026
- Last updated
- 4 October 2026
Gallery
18 photographs of this residence.
What's Included
Everything that stays with the residence.
- Commercial spaces
- Open plan area
- Large windows
- 4 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
- Total
- 1,380 m² · 14,855 ft²
Parking & Storage
- Spaces
- 4
- Covered
- No
Interior
- Commercial spaces
- Open plan area
- Large windows
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $1,600,000
- Price per m²
- $1,159 / m²
- Cash to close (est.)
- $480,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $480,000
- Loan amount
- $1,120,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$6,896
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
Total, before mortgage:$0 / month
If you let it out
How It Compares
- Compare this property using its 1,380.08 m² of construction area, 404.48 m² lot, four parking spaces and $1,600,000 asking price.
- The ground-floor rental offer of $6,500 per month is for a portion of the property, not stated as rent for the entire building.
Value Comparison
Asking price per m², against the building, the sector and the country.
Asking 95% below the La Chorrera average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
At an asking price of $1,600,000, the building offers 1,380.08 m² of construction area on a 404.48 m² lot. Some commercial spaces are occupied, while the top level and ground-floor rental option offer additional leasing potential.
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- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
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- Days on market
Potential to lease currently available spaces and adapt the open-plan upper level to a suitable commercial use, subject to regulations and permits.
Price History
- Listed · July 2026$1,600,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in La Chorrera
Barrio Balboa, La Chorrera
Commercial building for sale in La Chorrera
La Chorrera, La Chorrera
Positions are schematic, spaced by travel distance.
Get directionsLa Chorrera on Casanova today
- Active sale listings
- 137
- Active rentals
- 0
- Median asking price per m²
- $1,202
Getting Around
Barrio Balboa, La Chorrera, Panamá Oeste · —
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?
What is the construction and lot area?
How many parking spaces are there?
Is the ground floor available for rent?
How much construction area and land does the property have?
Is any part of the property offered for rent?
What amenities does the building offer?
Similar Properties
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Interested in Commercial building for sale in Barrio Balboa?
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