Commercial Property with 1,800 m² of Land in El Cangrejo
A two-street commercial opportunity in El Cangrejo
El Cangrejo, Panamá
Active
$2,600,000
USD$1,983 / m²
- 1,311 m²Floor area
- 20Parking
- Street FrontSetting
- 4Bath
Overview
Set on an 1,800 m² parcel in El Cangrejo, this commercial property stands out for its access from two busy streets and 20 metres of frontage on each. The flat site offers visibility from both approaches and space for an existing commercial operation or a future project. The property includes 1,311 m² of construction, described as ground-floor commercial premises with office space, plus 650 m² of paved area. It has four bathrooms, 20 parking spaces, air conditioning and finished surfaces. The site’s scale and two-street access may suit a restaurant concept or a redevelopment plan; the stated zoning is ZM7, following an RM2 designation. Located in El Cangrejo, within the Bella Vista corregimiento of Panama City, the property is offered for $2,600,000. The combination of a substantial land parcel, existing commercial and office space, and frontage on two busy roads creates room to assess different commercial strategies. Request further details or arrange a visit to evaluate the site for your plans.
In Short
This El Cangrejo commercial property is offered for $2,600,000. It has 1,800 m² of land, 1,311 m² of construction, office space, four bathrooms, air conditioning and 20 parking spaces, with 20 m of frontage on each of two busy streets.
Before You Decide
- Two 20 m street frontages and access from both sides may support several site-planning approaches.
- Confirm the current zoning and permitted uses before relying on restaurant or redevelopment potential.
- Verify how the stated 650 m² paved area relates to the construction area and parcel measurements.
Highlights
- 1,800 m² parcel in El Cangrejo
- 1,311 m² of construction
- 650 m² of paved area
- 20 m of frontage on each of two streets
- 20 parking spaces
- Ground-floor commercial premises plus office space
- Four bathrooms, air conditioning and finished surfaces
- Flat terrain with stated ZM7 zoning, following RM2
At a Glance
- Status
- Available for sale
- Asking price
- $2,600,000
- Price per land m²
- $1,444.44/m²
- Bathrooms
- 4
- Construction area
- 1,311 m²
- Land area
- 1,800 m²
- Paved area
- 650 m²
- Floor
- Ground floor
- Parking
- 20 spaces
- Property type
- Commercial property
- Neighborhood
- El Cangrejo
- City
- Panama City
- Listing ID
- CNV-PROP-079975
Key Facts
- Category
- Commercial
- Unit type
- Commercial Retail
- Listed
- 20 July 2024
- Last updated
- 8 October 2026
Gallery
18 photographs of this residence.
What's Included
Everything that stays with the residence.
- Finished surfaces
- 20 parking spaces
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
- Full baths
- 4
- Total
- 1,311 m² · 14,111 ft²
Parking & Storage
- Spaces
- 20
- Covered
- No
Interior
- Finished surfaces
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $2,600,000
- Price per m²
- $1,983 / m²
- Cash to close (est.)
- $780,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $780,000
- Loan amount
- $1,820,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$11,206
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 asking price equates to approximately $1,444.44 per m² of land, calculated using $2,600,000 divided by 1,800 m².
- The property combines a stated 1,311 m² of construction with an 1,800 m² parcel and 20 parking spaces.
Value Comparison
Asking price per m², against the building, the sector and the country.
Retail local$1,983 / m²
El Cangrejo average$2,239 / m²
Panama average$4,306 / m²
Asking 11% below the El Cangrejo average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
The property offers an 1,800 m² parcel with 1,311 m² of construction, 650 m² of paved area, and 20 parking spaces. Its two street frontages and redevelopment potential may interest commercial investors and developers.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Potential restaurant use or redevelopment is suggested; permitted uses and feasibility require verification.
Price History
- Listed · July 2024$2,600,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in El Cangrejo
Bella Vista, Panamá
Commercial property for sale in El Cangrejo
El Cangrejo, Panamá
Positions are schematic, spaced by travel distance.
Get directionsEl Cangrejo on Casanova today
- Active sale listings
- 249
- Active rentals
- 0
- Median asking price per m²
- $2,071
Getting Around
Bella Vista, 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 large is the property?
The land area is 1,800 m², the construction area is 1,311 m², and the paved area is listed as 650 m².
How many parking spaces does the property have?
The property has 20 parking spaces.
How many bathrooms are there?
The property has 4 bathrooms.
Does the property have air conditioning?
Yes. Air conditioning is listed among the property features.
What is the asking price?
The asking price is $2,600,000 USD.
How much land and construction area does the property have?
The land area is 1,800 m² and the construction area is 1,311 m². A separate paved area of 650 m² is also stated.
How many parking spaces and bathrooms are there?
The property has 20 parking spaces and four bathrooms.
What kind of commercial space is on the property?
The property is described as ground-floor commercial premises with office space.
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Interested in Commercial Property with 1,800 m² of Land in El Cangrejo?
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