Commercial space for sale or rent in Plaza Milla 8
A versatile 130 m² commercial space in Plaza Milla 8
Milla 8, San Miguelito
Active
$285,000
USD$2,192 / m²
- 130 m²Floor area
Overview
Set your business in a high-traffic Milla 8 location: this commercial space at Plaza Milla 8 combines a main-road position with a practical two-level layout. It is offered for sale at $285,000 and is also advertised for rent at $1,500 per month. The 130 m² total area is divided between 90 m² on the ground floor and a 40 m² mezzanine, giving a business room to arrange customer-facing and supporting functions across two levels. The space is described as suitable for offices, shops, services and other commercial businesses. Plaza Milla 8 provides ample parking for customers and visitors within the plaza, a useful convenience for businesses serving walk-in traffic. The property is located on a main road in Milla 8, Panamá, San Miguelito, with the high-traffic setting offering visibility and easy access. Whether you are looking for a retail location, an office base or a service-business space, this sale-or-rent opportunity offers a clear choice of occupancy. Contact us to discuss the current terms and arrange a visit.
In Short
The commercial space at Plaza Milla 8 has 130 m² total area, split into 90 m² on the ground floor and 40 m² on a mezzanine. It is on a main road in a high-traffic area and has ample customer and visitor parking within the plaza. The stated sale price is $285,000; the advertised rent is $1,500 per month.
Before You Decide
- Compare the 90 m² ground-floor area and 40 m² mezzanine with the operational needs of your business.
- Confirm whether the sale and rental options are both currently available.
- Ask about the number and allocation of plaza parking spaces, as no space count is provided.
- Verify permitted business uses and any plaza restrictions before committing.
Highlights
- 130 m² total area
- 90 m² on the ground floor
- 40 m² mezzanine
- Located on a main road in Milla 8
- High-traffic commercial setting
- Ample customer and visitor parking within the plaza
- Suitable for offices, shops, services and commercial businesses
- Sale price: $285,000; advertised rent: $1,500 per month
At a Glance
- Status
- Available
- Sale price
- $285,000
- Advertised monthly rent
- $1,500/month
- Price per m²
- $2,192.31/m²
- Total area
- 130 m²
- Ground floor
- 90 m²
- Mezzanine
- 40 m²
- Parking
- Ample plaza parking for customers and visitors
- Property type
- Commercial space
- Building
- Plaza Milla 8
- Neighborhood
- Milla 8
- City and district
- San Miguelito, Panamá
- Listing ID
- CNV-PROP-011711
Key Facts
- Category
- Commercial
- Unit type
- Commercial Retail
- Listed
- 3 October 2026
- Last updated
- 3 October 2026
Gallery
8 photographs of this residence.
Explore Retail local
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
- 130 m² · 1,399 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $285,000
- Price per m²
- $2,192 / m²
- Cash to close (est.)
- $85,500at 30% down
Mortgage Estimate
- Down payment
- 30% · $85,500
- Loan amount
- $199,500
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$1,228
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
- Total area: 130 m², including a 90 m² ground floor and a 40 m² mezzanine.
- Pricing is advertised as $285,000 for sale or $1,500 per month for rent.
- The space is in a main-road, high-traffic commercial setting with ample plaza parking.
Value Comparison
Asking price per m², against the building, the sector and the country.
Retail local$2,192 / m²
Milla 8 average$1,857 / m²
Panama average$4,306 / m²
Asking 18% above the Milla 8 average — worth understanding what justifies it before you offer.
Investment Case
The commercial space is offered for sale at $285,000 and is also advertised for lease at $1,500 per month. Its 130 m² total area includes 90 m² on the ground floor and a 40 m² mezzanine.
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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 · October 2026$285,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Milla 8
Amelia Denis de Icaza, San Miguelito
Plaza Milla 8
Milla 8, San Miguelito
Positions are schematic, spaced by travel distance.
Get directionsGetting Around
Amelia Denis de Icaza, San Miguelito, Panamá · —
Address shown to neighborhood precision for the owner's privacy. The exact address is shared when a viewing is confirmed.
Frequently Asked Questions
How large is the commercial space at Plaza Milla 8?
It has 130 m² total area: 90 m² on the ground floor and a 40 m² mezzanine.
What is the asking sale price?
The stated sale price is $285,000.
Is the space also available to rent?
It is also advertised for rent at $1,500 per month.
What parking is available?
The plaza offers ample parking for customers and visitors; the number of spaces is not specified.
What types of businesses could use the space?
The space is described as suitable for offices, shops, services and commercial businesses.
Similar Properties
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Interested in Commercial space for sale or rent in Plaza Milla 8?
Speak to our team — viewings in person or by video, usually within 48 hours.