Residential side with mature trees, fenced entrance and city street at Centro Penonomé

Exterior/Residential: Residential entrance with driveway, large tree and perimeter fencing in central Penonomé.

Street view of commercial storefronts with colorful facade in Penonomé city center

Commercial Exterior: Multiple storefront entrances with decorative glass and vibrant colors at corner lot.

Urban commercial avenue with mixed-use buildings, shops and pedestrians in Penonomé

Street Exterior: Busy commercial avenue environment with signage, pedestrian sidewalks and access points.

Aerial view over commercial and residential neighborhood in central Penonomé

Aerial View: Overhead cityscape showing property surroundings and key streets.

Fenced entrance to interior lot lined with greenery and mature trees in Penonomé

Lot View: Vacant fenced lot area with ample potential in prime Penonomé central location.

Mixed Commercial And Residential for Sale

Mixed-Use Commercial & Residential Property in Central

Downtown Commercial District, Penonomé Centro, Penonomé

USD1,722,776

4 Bedrooms 2 Bathrooms 938.0 m² Area 5 Parkings

About this Mixed Commercial And Residential

Opportunity in Penonomé city center: a mixed-use commercial and residential property featuring approx 938.33 m² of land. Positioned on a prime corner with dual avenue frontage, excellent for retail, offices, rentals or redevelopment. Includes 4 bedrooms, 2 bathrooms and approx 938m² of existing structure with multiple storefronts and residential space. Perfect for business owners, investors or developers seeking a high foot traffic location with strong appreciation potential. Street parking, fenced perimeter, green frontage. Price: $1,722,776 negotiable. Contact Maria Lopez at Casa Nova Realty Panama for a private viewing today.

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

Key Features

Prime corner lot with dual street exposure
Mixed zoning RMH2/C2 commercial-residential
Potential to remodel, expand or build new
Mature trees and green frontage
Storefront windows and signage space
Previously divided into multiple business spaces
Proximity to banks, markets, transport
Investment development opportunity
Ideal for mixed retail & residential use

Detailed Features

Property Details

TypeMixed Commercial and Residential

CategoryMixed-use land and building

Size938.33 m²

Lot Size938.33 m²

Bedrooms4

Bathrooms2

Parking5

FurnishedNo

Pets AllowedNo

Price/m²USD1,836.00 / m²

Listing ID5xqfSmC

Centro Penonomé Amenities

Street Parking

Ample on-street parking for visitors and customers.

Sidewalk Access

Wide sidewalks with accessibility to surrounding businesses.

Fenced Perimeter

Fully enclosed with wire and metal gating for security.

Multiple Storefronts

Divisible commercial spaces with large showcase windows.

Green Areas

Some mature trees and landscaped frontage.

Location & Nearby

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Neighborhood Highlights

Located on Penonomé's busiest commercial avenues
High pedestrian and vehicle traffic area
Adjacent banks, supermarkets, restaurants, retail shops
Proximity to central park and municipal market
Well-connected with public transport, buses and taxis
Mixed-use neighborhood residential/commercial
Potential for rental income or business operations

Nearby Landmarks

Penonomé Central Park (100m)
Municipal Market (80m)
Banco Nacional (50m)
Parroquia San Juan Bautista (150m)
Bus Terminal (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: 5xqfSmC. Last updated: 2025-11-07T23:59:00Z*