Exterior view of two-story beige guesthouse building with balcony and red signage in Penonomé downtown Coclé Panama

Exterior: La Estrella Roja features a guesthouse above commercial storefront located centrally in Penonomé.

Facade of yellow two-story commercial building in Penonomé with balcony and retail space on corner street

Exterior: Commercial storefront on ground level with guest rooms above, ideal for mixed business use.

Streetfront beige two-story guesthouse with balconies and grilled windows urban Penonomé Coclé Panama

Exterior: La Estrella Roja building with multiple guest rooms in key commercial position.

Commercial Building for Sale

Commercial Building & Guesthouse La Estrella Roja Penonomé

Downtown Commercial District, Penonomé, Penonomé

USD250,000

14 Bedrooms 16 Bathrooms 583.0 m² Area

About this Commercial Building

Unique investment opportunity in central Penonomé, Coclé. Commercial building 'La Estrella Roja' features retail storefront on main avenue and integrated guesthouse hosting 14 rooms—all with private bathrooms. Spread over 583 m2 with 16 bathrooms in total, distributed over two floors accessed via finished stairway. Perfectly located on a high-traffic intersection, ideal for business and hospitality combined. Close to cathedral, banks, supermarkets, bus terminal. Excellent for income-producing rental, retail business, or boutique hotel conversion. Price: $250,000 negotiable. Contact Casa Nova Realty Panama agent Maria Lopez for viewing today.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: bBVvCD1.

Key Features

Two-story guesthouse with 14 en-suite rooms
Ground floor commercial retail space
Prominent location on main commercial avenue
Private balconies on upper level
Finished internal staircase
Secure metal window bars
Ideal for business with lodging
Central to Penonomé retail and transport hub

Detailed Features

Property Details

TypeCommercial Building

CategoryCommercial & Hospitality

Size583 m²

Bedrooms14

Bathrooms16

FurnishedNo

Pets AllowedNo

Price/m²USD428.82 / m²

Listing IDbBVvCD1

La Estrella Roja Amenities

Retail Storefront

Ground floor facing main avenue ideal for commercial business.

Guesthouse Accommodation

14 rooms with private bathrooms on two floors.

Private Balconies

Several rooms with balcony access overlooking the street.

Secured Entrances

Metal bars and secure door systems.

Street Parking

Public parking availability nearby on main avenue.

Utility Rooms

Multiple service areas and storage.

Location & Nearby

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Neighborhood Highlights

Central Penonomé commercial area
Intersection of major avenues Damián Carles and Cincuentenario
Busy pedestrian and vehicular transit
Close to supermarkets, banks, retail shops
Nearby bus terminals facilitating transportation
Growing business district with mixed retail and hospitality

Nearby Landmarks

Penonomé Cathedral (300m)
Plaza Penonomé (200m)
Bus Terminal Penonomé (400m)
Supermercado El Machetazo (500m)
Coclé Provincial Government (350m)

*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: bBVvCD1. Last updated: 2025-11-07T23:59:00Z*