PH Los Toneles Commercial Building for Sale Ancón
Eight commercial premises. One investment opportunity.
Ancón, Panamá
Active
$1,638,000
USD$1,398 / m²Negotiable
- 1,172 m²Built area
- 120Parking
Overview
PH Los Toneles brings together eight independent commercial premises in a single sale, creating a substantial income-property opportunity in Panama City. The block is arranged across two levels and includes 120 parking spaces in the basement, giving the commercial offering meaningful on-site parking capacity. Known rental income is $8,983.51 per month, equivalent to $107,802.12 annually. Two of the premises, together reported at 273.06 m², are vacant and offer room to expand occupancy and rental income. The asking price is negotiable, and the property-tax exemption is stated through 2034. The offering comprises eight separate property records sold together, an arrangement suited to buyers seeking a consolidated commercial asset rather than isolated units. PH Los Toneles is in Panama City; the source material also references Vía Fernández de Córdoba and Vía España, so the precise location should be confirmed before relying on either corridor. Contact Casanova Realty to request the rent-roll details and arrange a viewing.
In Short
The PH Los Toneles commercial property includes eight independent premises sold together, 120 basement parking spaces, known monthly rental income of $8,983.51, and a property-tax exemption stated through 2034.
Before You Decide
- Eight separate commercial property records are packaged in one sale.
- Two vacant premises totaling a reported 273.06 m² may provide an occupancy opportunity.
- Confirm the rent roll, operating expenses, parking allocation, and current vacancy before evaluating returns.
- The sale price, area, and precise location need verification because the source contains conflicting figures and references.
Highlights
- Eight independent commercial premises sold together
- Eight separate property records
- Two-level commercial block
- 120 basement parking spaces
- $8,983.51 in known monthly rental income
- $107,802.12 in known annual rental income
- Two vacant premises totaling 273.06 m²
- Property-tax exemption stated through 2034; negotiable asking price
At a Glance
- Status
- Active; marked available
- Known monthly rental income
- $8,983.51
- Known annual rental income
- $107,802.12
- Independent commercial premises
- 8
- Levels
- 2
- Basement parking
- 120 spaces
- Vacant premises
- 2; 273.06 m² combined
- Tax exemption
- Through 2034
- Property type
- Commercial building
- Building
- PH Los Toneles
- City
- Panama City
- Listing ID
- CNV-PROP-041216
Key Facts
- Category
- Commercial
- Unit type
- Building Entire
- Listed
- 4 October 2026
- Last updated
- 4 October 2026
Gallery
6 photographs of this residence.
What's Included
Everything that stays with the residence.
- 120 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
- 1,172 m² · 12,615 ft²
Parking & Storage
- Spaces
- 120
- Covered
- Yes
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $1,638,000
- Price per m²
- $1,398 / m²
- Exonerated until
- 2034
- Cash to close (est.)
- $491,400at 30% down
Mortgage Estimate
- Down payment
- 30% · $491,400
- Loan amount
- $1,146,600
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$7,060
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 asset comprises eight independent premises sold together rather than a single commercial unit.
- The property is described as a two-level block with 120 basement parking spaces.
- Known rental income is stated as $8,983.51 monthly; operating expenses are not provided.
Value Comparison
Asking price per m², against the building, the sector and the country.
Building$1,398 / m²
Ancón average$2,214 / m²
Panama average$4,306 / m²
Asking 37% below the Ancón average. Ask us why; sometimes there is a good reason and sometimes there is a reason.
Investment Case
Eight independent commercial premises are offered together, with known monthly rental income of $8,983.51 and two vacant units totaling 273.06 m². The calculated gross yield is 6.58% against the structured asking price, before expenses.
- 6.6%
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Two vacant commercial premises, reported at 273.06 m² combined, may offer an opportunity to increase occupancy and rental income.
Price History
- Listed · October 2026$1,638,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Ancón
Ancón, Panamá
Ancón on Casanova today
- Active sale listings
- 147
- Active rentals
- 0
- Median asking price per m²
- $1,843
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 commercial premises are included?
The sale brings together eight independent commercial premises, described as eight separate property records.
How many parking spaces are associated with the commercial block?
The commercial block is described with 120 parking spaces in the basement.
What rental income is identified?
Known rental income is $8,983.51 per month, or $107,802.12 annually.
Until when is the property-tax exemption stated to apply?
The property-tax exemption is stated through 2034.
How many commercial premises are included in the sale?
Eight independent commercial premises are sold together.
What rental income does the property generate?
Known rental income is $8,983.51 per month, or $107,802.12 per year.
Similar Properties
Same market, comparable size and price.
Interested in PH Los Toneles Commercial Building for Sale?
Speak to our team — viewings in person or by video, usually within 48 hours.