837 m² Building for Sale in Panama City
Edificio emblemático en el corazón cívico de la Ciudad de PanamáCalidonia
- 837 m²
$850,000
$1,016 / m²
Edificio Emblemático: Commercial Property in Calidonia
A historic civic landmark with room to reimagine
Calidonia, Panamá
Active
$850,000
USD$1,016 / m²
- 837 m²Built area
- 10Parking
Overview
Set on Avenida Cuba beside Panama City Hall and the Mayor’s Office, Edificio Emblemático offers an unusual opportunity in the civic heart of Panama City. Built in 1935, this landmark property has a history rooted in the city: it began as a synagogue and served the Kol Shearith Israel Congregation for approximately 70 years, until 2006. The 837 m² property retains its original architectural layout, with high ceilings and generous open interior volumes. Its configuration offers scope for a range of future concepts, including continued religious use or a theater, event venue, gallery, restaurant, residential or institutional use. The property has 10 parking spaces, visitor parking, potable water service and a fenced, level site. Access is convenient, and the property is on a dead-end street near a commercial area. The stated zoning is MP-RM3C2. Two hospitals and a Metro station are within walking distance, adding practical reach to this central location. Edificio Emblemático is suited to buyers considering a distinctive civic, cultural or commercial project. Private viewings are available for qualified parties; contact us to discuss the property and arrange a visit.
In Short
Edificio Emblemático is offered for sale in central Calidonia. Built in 1935, this 837 m² property has 10 parking spaces and is adjacent to Panama City Hall. Its original layout and open volumes offer potential for commercial, cultural, religious or institutional concepts.
Before You Decide
- Confirm the current asking price because the source contains two different figures.
- Verify the 837 m² measurement basis and obtain a current floor plan.
- Confirm which proposed uses are allowed under the applicable zoning and approvals.
- Assess building condition, utilities and systems before planning a new use.
Highlights
- 837 m² of total area
- 10 parking spaces, plus visitor parking
- Built in 1935 with an original architectural layout
- High ceilings and generous open interior volumes
- On Avenida Cuba, beside Panama City Hall and the Mayor’s Office
- Fenced, level site with potable water service
- Two hospitals and a Metro station within walking distance
- Stated zoning: MP-RM3C2
At a Glance
- Status
- Available for sale
- Asking price
- $850,000
- Price per m²
- $1,015.53/m²
- Total area
- 837 m²
- Parking
- 10 spaces
- Year built
- 1935
- Property type
- Commercial building
- Building
- Edificio Emblemático
- Neighborhood
- Calidonia
- City
- Panama City
- Listing ID
- CNV-PROP-002024
Key Facts
- Category
- Commercial
- Unit type
- Building Entire
- New or resale
- Resale
- Listed
- 3 October 2026
- Last updated
- 3 October 2026
Gallery
5 photographs of this residence.
What's Included
Everything that stays with the residence.
- High Ceilings
- Generous open interior volumes
- Original architectural layout
- 10 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
- 837 m² · 9,009 ft²
Parking & Storage
- Spaces
- 10
- Covered
- No
Interior
- High Ceilings
- Generous open interior volumes
- Original architectural layout
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $850,000
- Price per m²
- $1,016 / m²
- Cash to close (est.)
- $255,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $255,000
- Loan amount
- $595,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$3,664
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 is a 1935 commercial building with 837 m² of stated total area and 10 parking spaces.
- Its location beside Panama City Hall places it in a civic rather than residential setting.
Value Comparison
Asking price per m², against the building, the sector and the country.
Building$1,016 / m²
Calidonia average$1,840 / m²
Panama average$4,306 / m²
Asking 45% below the Calidonia average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
An 837 m² commercial landmark in Calidonia, listed at $850,000, with 10 parking spaces and a central civic location. The source pricing signals require confirmation.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Potential repositioning for religious, cultural, event, gallery, restaurant, residential, or institutional concepts; applicable permissions and feasibility are unverified.
Price History
- Listed · October 2026$850,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Calidonia
Calidonia, Panamá
Edificio Emblemático
Calidonia, Panamá
Positions are schematic, spaced by travel distance.
Get directionsCalidonia on Casanova today
- Active sale listings
- 50
- Active rentals
- 0
- Median asking price per m²
- $1,316
Getting Around
Calidonia, 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 Edificio Emblemático?
The property has a stated total area of 837 m².
How many parking spaces are included?
The property is listed with 10 parking spaces.
What is the building's history?
Built in 1935, it originally served as a synagogue and was used by the Kol Shearith Israel Congregation for approximately 70 years, until 2006.
What is the zoning?
The stated zoning is MP-RM3C2.
Are pets or short-term rentals allowed?
Pet and short-term-rental policies are not specified.
Does the property have backup power, elevators or internet providers?
Backup power, elevator details and internet providers are not specified.
What is the current asking price?
The structured price is $850,000. Confirm the current asking price before making an offer.
What is the zoning designation?
The stated zoning designation is MP-RM3C2.
Similar Properties
Same market, comparable size and price.
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Interested in Edificio Emblemático: Commercial Property in Calidonia?
Speak to our team — viewings in person or by video, usually within 48 hours.