Commercial Lot for Sale
Commercial Corner Investment Lot Opposite Mall in Chitre
Paseo Central commercial district, Chitre, Chitre
USD650,000
1
231.0 m²
10
About this Commercial Lot
Exceptional investment land opportunity located at one of Chitre's highest visibility corners. Comprising two adjoining parcels totaling 1,666.86 m², one with corner frontage perfect for retail, offices, restaurant, showroom or mixed-use. An existing 230.75 m² building offers immediate use or redevelopment options. Situated directly across from the Mall Paseo Central and diagonal from Colegio Pablo Sánchez, benefiting from heavy vehicle and foot traffic. Priced at $650,000, below market valuation of $739,000, with negotiable square meter rate. Ideal strategic location for fuel station, commercial plaza, or corporate branch. All utilities available, flat terrain for easy build-out. Don’t miss this prime Central Chitre commercial lot chance with excellent exposure and ROI potential.
Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 2McDNTv.
Key Features
- Corner exposure on Paseo Enrique Geenzier
- Existing 230 m² office/residential structure
- Foot and vehicle traffic from main Chitre artery
- Opposite Mall Paseo Central
- Diagonal Colegio Pablo Sánchez
- Ideal for retail/commercial plaza or mixed-use
- Negotiable below-appraised-value pricing
- Flat terrain ready for development
- Multiple vehicle access points
- All city utilities connected
Detailed Features
Outdoor
Property Details
TypeCommercial Lot
CategoryLand
Size230.75 m²
Lot Size1666.86 m²
Bathrooms1
Parking10
FurnishedNo
Pets AllowedNo
Price/m²USD2,816.90 / m²
Listing ID2McDNTv
Commercial Zone Paseo Central Chitre Amenities
Road Frontage
Excellent road exposure on Paseo Enrique Geenzier
Corner Lot
One parcel sits on a corner for maximum visibility
Existing Building
Structure can be used as office or home conversion
Utilities Access
Available water, power and telecom connections
Foot & Vehicle Traffic
Benefit from shoppers and commuters passing daily
Location & Nearby
Neighborhood Highlights
- Located at entrance of Chitre City
- Directly across from Mall Paseo Central
- High vehicle and pedestrian daily traffic
- Diagonal to Colegio Pablo Sánchez
- Established strategic commercial zone
Nearby Landmarks
- Mall Paseo Central (50m)
- Colegio Pablo Sánchez (80m)
- Pan-American Highway Junction (300m)
- Banco Nacional de Panamá (120m)
- Rey Supermarket (300m)