Commercial Property on Avenida Cuba, Calidonia

In the civic heart of Panama City, this landmark property on Avenida Cuba combines a notable former religious use with generous space and possibilities for a new chapter. It served Congregación Kol Shearith Israel for 70 years, until 2006, and later housed an evangelical group through the end of 2025. The property is now offered for sale and can continue in religious use or be considered for repositioning. The property area is 837 m² on a 1,200 m² lot, with 10 parking spaces. Its original architectural layout remains, including high ceilings and broad, open interior spaces. These features create a flexible setting for concepts such as a theater, event venue, gallery or restaurant, as well as residential or commercial adaptation. The stated zoning is MP-RM3C2. Set beside the Municipality of Panama and City Hall, the property is a short walk from two hospitals and Metro Santo Tomás station. The central, high-visibility Avenida Cuba location puts civic destinations and public transit close at hand. The asking price is USD 1,100,000; a valuation dated October 2025 was USD 1,900,000. Arrange a private viewing to explore the property’s potential.