Office Building for Sale on Calle 54 Este, Obarrio
A versatile office property with ZM6 zoning in Obarrio
Obarrio, Panamá
Active
$2,998,000
USD$1,880 / m²
- 1,595.01 m²Floor area
- 6Parking
Overview
Set in Obarrio, this office property combines 1,595.01 m² of construction with a 1,200 m² lot and a location in one of Panama City’s established business districts. The property is currently used as the offices of an advertising agency and is described as being in excellent condition. Its ZM6 zoning permits commercial and residential construction, adding flexibility to the site’s potential use. The building offers six parking spaces and a divided office layout, along with air conditioning, a kitchenette, a storage room and a terrace. The property is finished, and its 2014 year built gives buyers a useful reference point when assessing the existing improvements. The asking price is $2,998,000, or approximately $1,879.61 per m² of construction area. Obarrio brings the property into a central Panama City commercial setting, with dining, retail and professional services in the wider neighborhood. Security is also listed among the property’s features. For businesses seeking an established office base—or buyers evaluating a commercial or residential construction opportunity under the stated ZM6 zoning—this Calle 54 Este property merits a closer look. Contact us to arrange a viewing and discuss the site’s details.
In Short
The office property in Obarrio is offered for $2,998,000. It has 1,595.01 m² of construction, a 1,200 m² lot, six parking spaces, air conditioning, a kitchenette, divided office areas, a storage room, security and a terrace. Its stated zoning is ZM6, described as permitting commercial and residential construction.
Before You Decide
- Compare the $2,998,000 asking price with the site's 1,595.01 m² of construction and 1,200 m² of land.
- Confirm the six parking spaces' ownership, assignment and coverage.
- Review current zoning documentation and development parameters for the stated ZM6 designation.
- Request floor plans, bathroom counts, security details and building-system specifications.
Highlights
- 1,595.01 m² of construction area
- 1,200 m² lot in Obarrio
- Six parking spaces
- ZM6 zoning described as permitting commercial and residential construction
- Divided office layout with kitchenette and air conditioning
- Storage room and terrace
- Built in 2014 and described as being in excellent condition
At a Glance
- Status
- Available
- Asking price
- $2,998,000
- Price per m²
- $1,879.61/m² (construction area basis)
- Property type
- Office building
- Construction area
- 1,595.01 m²
- Lot area
- 1,200 m²
- Parking
- 6 spaces
- Maintenance fee
- $0/month reported
- Year built
- 2014
- Building
- Office building on Calle 54 Este
- Neighborhood
- Obarrio
- City
- Panama City
- Listing ID
- CNV-PROP-001088
Key Facts
- Category
- Commercial
- Unit type
- Commercial Office
- New or resale
- Resale
- Condition
- Excellent
- Listed
- 12 August 2026
- Last updated
- 4 October 2026
Gallery
13 photographs of this residence.
What's Included
Everything that stays with the residence.
- Kitchenette
- Divided office layout
- 6 parking spaces
Explore Office
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
- Kitchen
- Kitchenette
- Total
- 1,595 m² · 17,169 ft²
Parking & Storage
- Spaces
- 6
- Covered
- No
Interior
- Kitchenette
- Divided office layout
Outdoor
- Terrace
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $2,998,000
- Price per m²
- $1,880 / m²
- Cash to close (est.)
- $899,400at 30% down
Mortgage Estimate
- Down payment
- 30% · $899,400
- Loan amount
- $2,098,600
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$12,921
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
HOA$0
Property tax$0
Insurance$0
Total, before mortgage:$0 / month
If you let it out
How It Compares
- The calculated price is approximately $1,879.61 per m² of construction area; the calculation uses the $2,998,000 asking price divided by 1,595.01 m².
- The property includes six parking spaces, equivalent to approximately 0.38 spaces per 100 m² of construction area.
Value Comparison
Asking price per m², against the building, the sector and the country.
Office$1,880 / m²
Obarrio average$2,445 / m²
Panama average$4,306 / m²
Asking 23% below the Obarrio average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
The asking price is $2,998,000. This equals approximately $1,879.61 per m² when calculated against the 1,595.01 m² construction area. The site also includes 1,200 m² of land; rental income and operating costs have not been provided.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
The property is described as having ZM6 zoning that permits commercial and residential construction.
Price History
- Listed · August 2026$2,998,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Obarrio
Bella Vista, Panamá
Edificio de oficinas en Calle 54 Este, Obarrio
Obarrio, Panamá
Positions are schematic, spaced by travel distance.
Get directionsObarrio on Casanova today
- Active sale listings
- 278
- Active rentals
- 0
- Median asking price per m²
- $2,124
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
What is the asking price?
The asking price is $2,998,000 USD.
How large is the office building and its lot?
The building has 1,595.01 m² of construction area on a 1,200 m² lot.
How many parking spaces are included?
The property has six parking spaces.
What zoning does the property have?
The property is identified as ZM6, with commercial and residential construction permitted as described for the site.
What features does the office property offer?
Features include air conditioning, a kitchenette, divided office areas, a storage room, security and a terrace.
How much construction area and land does the property have?
It has 1,595.01 m² of construction area on a 1,200 m² lot.
What does the maintenance fee include?
The recorded maintenance fee is $0; included services and the billing period should be confirmed.
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Interested in Office Building for Sale on Calle 54 Este, Obarrio?
Speak to our team — viewings in person or by video, usually within 48 hours.