Commercial Building for Sale in Santa Ana, Panama
Commercial building on Calle 12, Santa Ana (descriptive identifier; proper name not provided)Santa Ana
- 15 Baths
- 2,081 m²
$2,568,000
$1,234 / m²
Mixed-Use Building for Sale in Panama City Santa Ana
A substantial mixed-use asset with current rental income and room to expand
Santa Ana, Panamá
Active
$2,479,000
USD$422 / m²
- 5,872 m²63,206 ft²
Overview
This full-building opportunity brings together an existing income stream and significant development potential in Panama City. The property is offered at USD 2,479,000 and is reported to generate approximately USD 80,000 in annual rental income. The building has 5,872 m² of current construction on a 2,500 m² lot. Its existing uses include apartments and commercial premises, and the stated zoning is RM3-C2. The site is described as having potential for several towers and up to 18,000 m² of construction. It also fronts a busy road, giving it a prominent position for a mixed-use project. Located near Bingo Nacional and the historic heritage sector, the property sits in a part of Panama City associated with the Santa Ana–Casco Viejo area. With rental income already reported and substantial expansion potential, this is an opportunity for investors evaluating a large-scale urban property. Contact Casanova Realty to discuss the building, its existing uses and the next steps for a closer review.
In Short
This mixed-use building is offered for USD 2,479,000. It has 5,872 m² of current construction on a 2,500 m² lot, with apartments and commercial premises, RM3-C2 zoning, approximately USD 80,000 in reported annual rental income and described expansion potential to 18,000 m² of construction.
Before You Decide
- The reported annual rental income is approximately USD 80,000; request current leases and a rent roll to assess continuity.
- The stated construction area is 5,872 m² and the lot area is 2,500 m².
- expansion potential to 18,000 m²; confirm feasibility and applicable planning parameters.
- Confirm the exact neighborhood and corregimiento because the source refers to Santa Ana, Casco Viejo and Ancón.
Highlights
- USD 2,479,000 asking price
- 5,872 m² of current construction
- 2,500 m² lot
- Apartments and commercial premises
- Approximately USD 80,000 in reported annual rental income
- RM3-C2 zoning
- Described expansion potential to 18,000 m² of construction
- Near Bingo Nacional and the historic heritage sector
At a Glance
- Status
- Available for sale
- Asking price
- USD 2,479,000
- Price per m² of construction
- USD 422.17/m²
- Construction area
- 5,872 m²
- Lot area
- 2,500 m²
- Reported annual rental income
- Approximately USD 80,000
- Property type
- Mixed-use building
- Building
- Edificio RM3-C2
- Neighborhood
- Santa Ana
- City
- Panama City
- Listing ID
- CNV-PROP-079655
Key Facts
- Category
- Commercial
- Unit type
- House Villa
- New or resale
- Resale
- Listed
- 5 March 2025
- Last updated
- 5 March 2025
Gallery
6 photographs of this residence.
Explore House
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
- 5,872 m² · 63,206 ft²
Parking & Storage
- Covered
- No
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $2,479,000
- Price per m²
- $422 / m²
- Cash to close (est.)
- $743,700at 30% down
Mortgage Estimate
- Down payment
- 30% · $743,700
- Loan amount
- $1,735,300
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$10,685
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 USD 422.17 per m² of stated current construction, calculated using USD 2,479,000 divided by 5,872 m².
- The property combines existing apartment and commercial uses with a described expansion potential to 18,000 m² of construction.
Value Comparison
Asking price per m², against the building, the sector and the country.
House$422 / m²
Santa Ana average$5,485 / m²
Panama average$4,306 / m²
Asking 92% below the Santa Ana average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
The property combines 5,872 m² of existing construction on a 2,500 m² lot with approximately USD 80,000 in reported annual rental income. Its stated zoning is RM3-C2, and the described expansion potential is up to 18,000 m² of construction.
- 3.2%
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
The property is described as having potential for expansion to approximately 18,000 m² of construction and development of several towers.
Price History
- Listed · March 2025$2,479,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Santa Ana
Santa Ana, Panamá
Santa Ana on Casanova today
- Active sale listings
- 92
- Active rentals
- 0
- Median asking price per m²
- $2,092
Getting Around
Santa Ana, 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
What is the asking price?
The asking price is USD 2,479,000.
How large are the building and the lot?
The property has 5,872 m² of current construction on a 2,500 m² lot.
What annual rental income is reported?
The reported annual rental income is approximately USD 80,000.
What zoning and expansion potential are stated?
The stated zoning is RM3-C2, with described potential to expand to approximately 18,000 m² of construction.
How much construction and land area does the property have?
It has 5,872 m² of current construction on a 2,500 m² lot.
What is the reported annual rental income?
Approximately USD 80,000 per year is reported.
What uses and zoning are stated for the building?
The building is described as having apartments and commercial premises, with RM3-C2 zoning.
What expansion potential is described?
The described potential is up to 18,000 m² of construction, including the possibility of developing several towers.
Similar Properties
Same market, comparable size and price.
Historic Commercial Building in Casco Viejo–Santa Ana
Casa Completa RMH2-C1Santa Ana
- 1,220 m²
$2,279,000
$1,868 / m²
Interested in Mixed-Use Building for Sale in Panama City?
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