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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

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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)
*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: 2McDNTv. Last updated: 2025-11-07T23:59:00Z*
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