Two-Level Commercial Building in Albrook
A two-level commercial property with room to grow in Albrook
Albrook, Panamá
Active
$2,375,000
USD$2,308 / m²
- 1,029 m²Built area
- 2,637.18 m²Land
- 30Parking
Overview
Set in Albrook, this two-level commercial building combines 1,029 m² of total building area with a substantial 2,637.18 m² parcel. Thirty parking spaces and additional land for other uses give the property room to support a range of commercial needs in an area experiencing commercial growth. The building is described as being in very good condition and is constructed of block. Its level site has potable water service, and visitor parking is among the area’s listed characteristics. The property’s two levels and generous land area offer a practical foundation for a business looking for space to operate and adapt. Albrook is noted for easy access and a quiet, cul-de-sac setting. Marcos A. Gelabert Airport (Albrook), a pier, shopping centers and educational centers are nearby. For a commercial user or investor seeking a sizeable Albrook property with ample parking and additional land, this opportunity merits a closer look. Contact Casanova Realty to discuss the property and confirm the transaction terms.
In Short
The Albrook commercial building has two levels, 1,029 m² of total building area, a 2,637.18 m² parcel and 30 parking spaces. The stated price is $2,375,000, or approximately $2,308.07 per m² of total building area.
Before You Decide
- The 2,637.18 m² parcel includes additional land identified for other uses.
- Thirty parking spaces are stated for the property.
- The property’s source-described condition is very good.
- Confirm whether the transaction is a sale or rent with an option to purchase.
Highlights
- Two-level commercial building in Albrook
- 1,029 m² of total building area
- 2,637.18 m² parcel with additional land for other uses
- 30 parking spaces
- Very good interior condition
- Block construction on level land
- Potable water service and visitor parking noted for the area
- Near Marcos A. Gelabert Airport, a pier, shopping centers and educational centers
At a Glance
- Status
- Available
- Price
- $2,375,000
- Price per m²
- $2,308.07/m²
- Building area
- 1,029 m²
- Land area
- 2,637.18 m²
- Levels
- 2
- Parking
- 30 spaces
- Property type
- Commercial building
- Building
- Edificio Comercial en Albrook
- Neighborhood
- Albrook
- Corregimiento
- Ancón
- District and province
- Panamá, Panamá
- Listing ID
- CNV-PROP-046776
Key Facts
- Category
- Commercial
- Unit type
- Building Entire
- Condition
- Very Good
- Noise exposure
- Quiet
- Listed
- 11 July 2024
- Last updated
- 11 July 2024
Gallery
10 photographs of this residence.
What's Included
Everything that stays with the residence.
- 30 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
- 1,029 m² · 11,076 ft²
Parking & Storage
- Spaces
- 30
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $2,375,000
- Price per m²
- $2,308 / m²
- Cash to close (est.)
- $712,500at 30% down
Mortgage Estimate
- Down payment
- 30% · $712,500
- Loan amount
- $1,662,500
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$10,236
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 stated price is approximately $2,308.07 per m² of total building area, calculated from $2,375,000 divided by 1,029 m².
- The property combines 1,029 m² of total building area with a separate 2,637.18 m² land area.
Value Comparison
Asking price per m², against the building, the sector and the country.
Building$2,308 / m²
Albrook average$3,440 / m²
Panama average$4,306 / m²
Asking 33% below the Albrook average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
A 1,029 m² commercial building on 2,637.18 m² of land, with 30 parking spaces, priced at $2,375,000 in Albrook.
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- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
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- Days on market
Price History
- Listed · July 2024$2,375,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Albrook
Ancón, Panamá
Edificio Comercial en Albrook
Albrook, Panamá
Positions are schematic, spaced by travel distance.
Get directionsAlbrook on Casanova today
- Active sale listings
- 105
- Active rentals
- 0
- Median asking price per m²
- $2,333
Getting Around
Ancón, 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
How many levels does the commercial building have?
The commercial building has two levels.
How much building area and land does the property have?
It has 1,029 m² of total building area and 2,637.18 m² of land.
How many parking spaces are included?
The property has 30 parking spaces.
What is the stated price?
The stated price is $2,375,000.
Similar Properties
Same market, comparable size and price.
Commercial Property with 30 Parking Spaces in Albrook
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- 1,029 m²
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$2,138 / m²
Interested in Two-Level Commercial Building in Albrook?
Speak to our team — viewings in person or by video, usually within 48 hours.