Large family home next to Terronal Mall in commercial zone

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Property Details

Property ID
29408
Status
For Sale or Rent
Location
David
Property Type
Single Family House
Sale Price
$ 1,600,000
Rent Price
$ 2,800
Year Built
1970
Built Area
400 m2
Total Area
4000 m2
Bedrooms
4
Bathrooms
4
Title Status
Property Title
Date Published
Jul 18, 2022
Updated
May 27, 2023
Times Viewed
6553

Property Description

This generous old-family home on 4000 square metres (one acre) offers multiple options:

  • Keep it as a family home for your extended family with enough room to expand or build a couple of bungalows
  • Construct a small community with high-class houses or apartment buildings
  • Use it for commercial purposes, as it is zoned C-2 with the option for light industry
  • Combine various of the above and segregate the front part on the Interamerican Highway for shops, restaurants, hotels, or other commerce and use the rear part as residential.

Whatever you decide, you will be in the perfect location: On the Pan-American Highway, at the entrance to David from Panama City, next to a popular mall with stores, coffee shops, banks, and pharmacies…. The lot offers enough space for expansion or seclusion.

Attractively priced, as the current owner would like to downsize and available for rent until sold.

Property Features

  • Pet Friendly
  • Maid's Quarters
  • Maid's Bathroom
  • Laundry Room
  • Studio Room
  • Balcony/Terrace
  • Backyard/Patio
  • A/C
  • Storage
  • Kitchen
  • Breakfast Nook
  • Office
  • Walk-in Closet
  • Living Room
  • Dining Room
  • Family Room
  • Internet & Cable Ready
  • Cable TV
  • Security Camera

Amenities

  • Close to Shopping Centers
  • Close to Schools
  • Close to Main Roads
  • Laundry
  • Green Area

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