Urban neighborhood street with commercial and residential buildings in El Cangrejo Panama City ideal for development or business

Exterior: Street level view of commercial land surrounded by active mixed-use area in El Cangrejo.

Aerial perspective showing two adjacent lots one vacant one with buildings in El Cangrejo commercial district Panama

Aerial: Bird's eye view highlighting outlined parcels ready for development or rental income.

Mixed-use commercial and residential land with green zones and ready-to-build parcels Panama

Aerial: Overhead view of land for commercial and residential projects in vibrant district.

Traditional single-story house and commercial buildings on commercial-zoned lot in El Cangrejo Panama ready for renovation or development

Exterior: Existing colonial structure offering renovation opportunity or redevelopment.

Commercial Land / Mixed-Use Lots for Sale

Commercial Land for Sale El Cangrejo Panama City

El Cangrejo / Obarrio Border, El Cangrejo, Panama City

USD575,000

624.0 m² Area

About this Commercial Land / Mixed-Use Lots

Two centrally located commercial-zoned lots for sale in Panama City's vibrant El Cangrejo district. First lot is 624 m² zoned RM4, priced at $575,000, ideal for building a 4-story apartment or mixed-use retail plus residential targeting students of Universidad de Panama nearby. Second lot is 600 m² zoned RM6 with existing retail storefronts priced at $750,000, offering instant rental income and expansion potential. Lots can be purchased separately or combined. High-traffic pedestrian corner with great exposure, perfect investment for condo developers, hotels, retail or offices close to universities, metro, restaurants, and banking district. Clear titled ownership. Contact Casa Nova Realty Panama to schedule a private showing and discuss zoning allowances.

Contact Maria Lopez at Casa Nova Realty Panama today to schedule a viewing! Reference Listing ID: 5Hhm3qr.

Key Features

Two adjacent lots available separately or combined
Zoning RM4 and RM6 perfect for residential or commercial development
Existing storefronts provide instant income on 600 m² lot
High visibility location close to Universidad de Panama
Walking to Via Argentina metro, restaurants, retail
Flat land ready to build
Ideal for apartments, offices, retail, or mixed-use complex

Detailed Features

Property Details

TypeCommercial Land / Mixed-Use Lots

CategoryLand

Size624 m²

Lot Size624 m²

FurnishedNo

Pets AllowedNo

Price/m²USD921.47 / m²

Listing ID5Hhm3qr

Community Amenities

Public transportation access

Walking distance to bus stops and Via Argentina metro.

Commercial zoning

Flexible zoning suitable for retail, offices, or apartments.

High foot traffic exposure

Located in busy El Cangrejo corridor ideal for business visibility.

Mixed-use environment

Area allows residential, commercial and hospitality uses.

Sidewalk-lined streets

Wide sidewalks and green medians enhance pedestrian appeal.

Nearby shopping and services

Banks, supermarkets, pharmacies, schools all nearby.

Location & Nearby

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Neighborhood Highlights

Heart of El Cangrejo commercial & entertainment district
Close to Universidad de Panamá main campus
Dynamic area with cafes, restaurants, hotels
Pedestrian-friendly zone with vibrant nightlife
Easy access to Metro via Vía Argentina station

Nearby Landmarks

Universidad de Panama (400m)
Via Argentina Metro Station (300m)
Parque Andres Bello (250m)
Hotel Las Vegas (350m)
Super 99 Supermarket (600m)
Obarrio business district (500m)

*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: 5Hhm3qr. Last updated: 2025-11-07T23:59:00Z*