Exterior view of commercial property in Calidonia Panama City with beige facade, green awnings, parking front

Exterior: Facade of two-story building ideal for retail or investment, located central Calidonia.

Various rental rooms with separate bathrooms in commercial income building Calidonia Panama City

Bedrooms/Rental Units: Multiple rental or office units equipped with private bathrooms.

Corridors with multiple doors and rental units inside investment property Calidonia Panama

Hallway: Hallways connecting multiple offices or tenant rooms inside property.

Simple bathrooms with pedestal sinks and tiled walls inside Calidonia commercial investment building Panama

Bathroom: Functional bathrooms throughout rental units with walk-in showers.

Commercial Building for Sale

Commercial Building for Sale Calidonia Panama City

Calidonia Commercial Zone, Calidonia, Panama City

USD440,000

10 Bedrooms 8 Bathrooms 300.0 m² Area

About this Commercial Building

Excellent opportunity to acquire a multi-tenant commercial building in high-traffic Calidonia, Panama City. The property offers approx. 300 m² of construction area spanning two levels, ideal for offices, retail, rental income or redevelopment. It includes a ground floor commercial space with common area, several office rooms, multiple restrooms, and 15+ rental rooms upstairs – each with its own bathroom. Built originally in 1971, the building is structurally sound and currently fully occupied, generating solid rental cash flow. Benefit from Calidonia's strategic central location near Avenida Central, easy metro and bus access, strong pedestrian movement, and proximity to banks, universities, hospitals, and courts. Perfect for investors seeking secure income or redevelopment potential in bustling Panama City downtown zone. Asking price $440,000 – below current appraisal with financing accepted. Contact Casa Nova Realty Panama for visits and details.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 4NHT9dR.

Key Features

Two-story commercial income property
Ground floor retail/office area
Multiple rooms with private bathrooms
Separate rentable office spaces
Balconies overlooking city streets
Secured entry with metal gates
Inner courtyards/hallways
Original structure from 1971
Excellent investment or redevelopment site
Prime central location near metro and amenities

Detailed Features

Bathrooms

Bathroom 1

pedestal sinks
walk-in showers
decorative ceramic tile

Property Details

TypeCommercial Building

CategoryCommercial

Size300 m²

Lot Size300 m²

Bedrooms10

Bathrooms8

FurnishedNo

Pets AllowedNo

Price/m²USD1,466.67 / m²

Listing ID4NHT9dR

Year Built1971

Calidonia Centro Comercial Amenities

Multiple Rental Units

15+ rental rooms/offices with private bathrooms ideal for small business or multi-tenant use.

Main Commercial Space

Street-facing ground floor retail or office space.

Attached Bathrooms

Private and shared bathrooms throughout building.

Storage Rooms

Dedicated storage/utility areas.

Secured Perimeter

Metal gate fencing and roll-up shutters for security.

Balconies or Terrace

Private balconies in some units or accessible rooftop section.

Location & Nearby

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Neighborhood Highlights

High pedestrian traffic commercial corridor
Close to Central Avenue retail zone
Near Universidad de Panamá
Multiple nearby bus & metro stations
Dense commercial and mixed-use urban core

Nearby Landmarks

Cinta Costera (700m)
Universidad de Panamá Campus Central (500m)
Estación 5 de Mayo - Metro (600m)
Hospital Santo Tomas (1 km)
Central Avenue Shopping (300m)

*Disclaimer: Property information is deemed reliable but not guaranteed and should be independently verified. Availability, price, and details are subject to change. Measurements are approximate. Listing ID: 4NHT9dR. Last updated: 2025-11-07T23:59:00Z*