Bathrooms
0 bathrooms
Two Commercial Buildings for Sale in Tumba Muerto
Two leased commercial buildings on a 2,000 m² site
Tumba Muerto, Panamá
Active
$4,200,000
USD$3,818 / m²
- 1,100 m²Built area
- 2,000 m²Land
- 23Parking
Overview
A rare two-building commercial offering on Vía Ricardo J. Alfaro brings together leased premises and offices in one of Panama City’s major road corridors. Offered for $4,200,000, the property includes two buildings side by side and 23 parking spaces shared across the site. The property has 1,100 m² of stated area on a 2,000 m² lot. One building rises five floors and the other three. Commercial premises occupy the ground levels, with offices on the upper floors. The buildings have finishes and central air conditioning; visitor parking is also noted. The property is described as currently leased to a private company and two government entities. That existing commercial use gives investors an opportunity to assess a multi-tenant business property, with lease terms and rental figures available for due diligence. Set along Vía Ricardo J. Alfaro, known locally as Tumba Muerto, the property is positioned on an important Panama City thoroughfare. Contact Casanova Realty to request current lease information, operating details and a viewing.
In Short
The property comprises two side-by-side commercial buildings in Tumba Muerto: one has five floors and the other three. Commercial premises occupy the ground levels, with offices above. The buildings are described as leased to a private company and two government entities.
Before You Decide
- The two buildings have different heights: five floors and three floors.
- The property is described as leased, but lease income and contract details need to be reviewed.
- The 23 parking spaces are shared across the two buildings; individual allocation is not specified.
- The property area and land area are stated separately as 1,100 m² and 2,000 m².
Highlights
- Two commercial buildings offered together
- 1,100 m² of stated property area
- 2,000 m² lot
- 23 parking spaces shared across the property
- Five floors in one building and three in the other
- Ground-floor commercial premises with upper-level offices
- Currently leased to a private company and two government entities
- Central air conditioning and finished spaces
At a Glance
- Status
- For sale; currently leased
- Asking price
- $4,200,000
- Price per m²
- $3,818.18/m², based on 1,100 m²
- Property type
- Two commercial buildings
- Property area
- 1,100 m²
- Land area
- 2,000 m²
- Floors
- One building with 5 floors; one with 3
- Parking
- 23 shared spaces
- Building
- Two Commercial Buildings on Vía Ricardo J. Alfaro
- Neighborhood
- Tumba Muerto
- City
- Panama City
- Listing ID
- CNV-PROP-080444
Key Facts
- Category
- Commercial
- Unit type
- Building Entire
- Listed
- 2 May 2023
- Last updated
- 8 October 2026
Gallery
15 photographs of this residence.
Room by Room
Composed from this unit's own specification, not a template.
What's Included
Everything that stays with the residence.
- Finished
- 23 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
- 1,100 m² · 11,840 ft²
Systems & Comfort
- Air conditioning
- Central
Parking & Storage
- Spaces
- 23
- Covered
- No
Interior
- Finished
Costs & Financing
Everything you would actually pay, not just the asking price.
Purchase Summary
- Asking price
- $4,200,000
- Price per m²
- $3,818 / m²
- Cash to close (est.)
- $1,260,000at 30% down
Mortgage Estimate
- Down payment
- 30% · $1,260,000
- Loan amount
- $2,940,000
- Rate (assumed)
- 6.25%
- Term
- 30 years
Estimated monthly payment
$18,102
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 $3,818.18 per m² when calculated using the 1,100 m² stated property area.
- The site area is 2,000 m², compared with a stated property area of 1,100 m².
Value Comparison
Asking price per m², against the building, the sector and the country.
Building$3,818 / m²
Tumba Muerto average$2,437 / m²
Panama average$4,306 / m²
Asking 57% above the Tumba Muerto average — worth understanding what justifies it before you offer.
Investment Case
This $4,200,000 commercial property combines two leased buildings on a 2,000 m² site, with 1,100 m² of stated property area and 23 shared parking spaces. Lease income and operating expenses are not provided.
- —
- Gross yield
- —
- Net yield (est.)
- —
- 5-yr area growth
- —
- Days on market
Price History
- Listed · May 2023$4,200,000
How You Can Pay
This residence is not attached to a building page in our directory.
Living in Tumba Muerto
Bethania, Panamá
Two Commercial Buildings on Vía Ricardo J. Alfaro
Tumba Muerto, Panamá
Positions are schematic, spaced by travel distance.
Get directionsGetting Around
Bethania, 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 buildings and parking spaces are included?
The property comprises two buildings with 23 parking spaces shared between them.
How many floors do the buildings have?
One building has five floors and the other has three floors.
Are the buildings currently leased?
Yes. The property is described as leased to a private company and two government entities.
What is the asking price and stated property area?
The asking price is $4,200,000. The stated property area is 1,100 m², and the land area is 2,000 m².
What is the asking price?
The asking price is $4,200,000.
Are the buildings leased?
They are described as currently leased to a private company and two government entities.
Similar Properties
Same market, comparable size and price.
Interested in Two Commercial Buildings for Sale in Tumba Muerto?
Speak to our team — viewings in person or by video, usually within 48 hours.