Commercial center for sale in Vista Alegre, Arraiján
A multi-unit commercial center at Vista Alegre’s key intersection
Arraiján, Arraiján
Active
$29,000,000
USD$11,386 / m²Negotiable
- 2,547 m²Built area
- 2,547 m²Land
- 13Bed
Overview
Set at the Vista Alegre intersection in Arraiján, this two-level commercial property brings together 22 retail premises and 13 rooms upstairs. The 2,547 m² total area includes 2,547 m² of land; the lower level is described as having 1,514.84 m². The property is offered for sale at $29,000,000, with the price noted as negotiable. Each of the 22 shops has a bathroom and wash basin. The 13 upper-level rooms range from 93 m² to 130 m² and are described with air conditioning, ceilings, kitchen furniture and security grilles. The property also has an elevator, a balcony with a security grille, enclosed and visitor parking, and covered corridors. Security includes a 24-hour booth, guard and access control. Other stated features include centralized gas, a water heater, curtains or blinds, and covered laundry. The Vista Alegre location places the property at a prominent local intersection. Contact Casanova Realty to discuss current availability, tenancy details, property documentation and a viewing.
In Short
For sale at $29,000,000, this 2,547 m² commercial property in Vista Alegre, Arraiján, includes 22 retail premises, 13 upper-level rooms, an elevator, parking, covered corridors and 24-hour security.
Before You Decide
- Confirm current occupancy and lease terms; the property as almost entirely rented.
- Request the appraisal report and its date to reconcile the stated $3.3 million appraisal with the $29 million asking price.
- Verify the use and legal classification of the 13 upper-level rooms.
- Request a complete area survey to reconcile the 2,547 m² total and lot areas with the stated 1,514.84 m² lower-level area.
Included in the sale. The source feature list also names access control, centralized gas, curtains or blinds, covered laundry, a water heater, air conditioning, and visitor parking.
Highlights
- Commercial property offered at $29,000,000; price negotiable
- 2,547 m² total area on a 2,547 m² lot
- 22 retail premises, each with a bathroom and wash basin
- 13 upper-level rooms, each ranging from 93 m² to 130 m²
- 24-hour security booth, guard and access control
- Elevator and covered corridors
- Enclosed parking and visitor parking
- Upper rooms described with air conditioning, kitchen furniture and security grilles
At a Glance
- Status
- For sale
- Asking price
- $29,000,000
- Price per m²
- $11,386.34/m²
- Total area
- 2,547 m²
- Lot area
- 2,547 m²
- Lower-level area
- 1,514.84 m²
- Retail premises
- 22
- Upper-level rooms
- 13
- Floors
- 2
- Parking
- Enclosed and visitor parking; space count unspecified
- Property type
- Commercial center
- Building
- Centro Comercial Vista Alegre
- Neighborhood
- Vista Alegre
- City
- Arraiján
- Listing ID
- CNV-PROP-080667
Key Facts
- Category
- Commercial
- Unit type
- Building Entire
- Listed
- 9 November 2018
- Last updated
- 8 October 2026
Gallery
14 photographs of this residence.
What's Included
Everything that stays with the residence.
- The source feature list also names access control, centralized gas, curtains or blinds, covered laundry, a water heater, air conditioning, and visitor parking.
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
- 13
- Laundry room
- Yes
- Total
- 2,547 m² · 27,416 ft²
Parking & Storage
- Covered
- No
Outdoor
- Balcony
- Security grille
Accessibility
- Elevator access
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $29,000,000
- Price per m²
- $11,386 / m²
- Cash to close (est.)
- $8,700,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $8,700,000
- Loan amount
- $20,300,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$124,991
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
- The property combines 22 retail premises and 13 upper-level rooms in one commercial asset.
- The stated lower-level area is 1,514.84 m²; the structured total area and lot area are both 2,547 m².
Value Comparison
Asking price per m², against the building, the sector and the country.
Building$11,386 / m²
Arraiján average$1,876 / m²
Panama average$4,306 / m²
Asking 507% above the Arraiján average — worth understanding what justifies it before you offer.
Investment Case
This commercial property combines 22 retail premises with 13 upper-level rooms on a 2,547 m² site. The asking price is $29,000,000; rental income, operating expenses and current tenancy details should be reviewed before assessing returns.
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- Gross yield
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- Net yield (est.)
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- 5-yr area growth
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- Days on market
Price History
- Listed · November 2018$29,000,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Arraiján
Vista Alegre, Arraiján
Centro Comercial Vista Alegre
Arraiján, Arraiján
Positions are schematic, spaced by travel distance.
Get directionsArraiján on Casanova today
- Active sale listings
- 135
- Active rentals
- 0
- Median asking price per m²
- $1,471
Getting Around
Vista Alegre, Arraiján, 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
How many commercial premises does the property have?
The property has 22 retail premises. Each is described with its own bathroom and wash basin.
How many rooms are on the upper level?
There are 13 upper-level rooms, with individual areas ranging from 93 m² to 130 m².
Does the property have 24-hour security?
Yes. The property is described with a 24-hour security booth and a security guard.
How many parking spaces are included?
Parking and visitor parking are mentioned, but the number of spaces is not specified.
Are pets allowed, and are short-term rentals permitted?
The property rules for pets and short-term rentals have not been established. Confirm them before purchase.
What is the monthly HOA fee?
A monthly HOA or maintenance amount is not provided.
Does the building have backup power or a water reserve tank?
Backup-power coverage and water-reserve capacity are not specified.
How many retail premises are there?
There are 22 retail premises, each described with a bathroom and wash basin.
How many rooms are on the upper level, and what are their sizes?
There are 13 rooms, ranging from 93 m² to 130 m² each.
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Interested in Commercial center for sale in Vista Alegre, Arraiján?
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