Commercial Space for Sale – Casco Antiguo, Panama

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Property Details

Property ID
44822
Status
For Sale
Location
Casco Viejo
Property Type
Commercial Space
Sale Price
$ 1,200,000
Built Area
665 m2
Total Area
665 m2
Date Published
Oct 22, 2024
Updated
Oct 23, 2024
Times Viewed
113

Property Description

Located in the vibrant Casco Antiguo, one of Panama’s most iconic destinations and a UNESCO World Heritage Site, this commercial space offers a unique opportunity for investors or entrepreneurs looking to establish their business in the historic and touristic heart of the city. With over a billion dollars in recent investments, including the construction of a new convention center and a nearby cruise terminal, Casco Antiguo has transformed into an epicenter of cultural, commercial, and touristic activities.

Property Description:
 This spacious 665 m² commercial space is a blank canvas, ideal for any type of business or gastronomic concept. Equipped with gas access and extraction systems, rare features in the area, the space is ready for the development of professional kitchens. Additionally, it offers a mezzanine, perfect for use as storage or administrative offices, maximizing space and functionality.

The space is located on a strategic corner, with large windows offering excellent visibility and direct street access, making it highly attractive for pedestrian traffic. The surrounding sidewalk is wide enough to accommodate outdoor seating, creating a cozy and unique environment for customers.

Sale Price: $1,200,000
 The space is part of a building in Casco Antiguo designed to offer flexibility and functionality to owners. Each unit has gas access and extraction, allowing for easy implementation of gastronomic concepts. Additionally, if more space is needed, the units can be combined, providing greater capacity and adaptability based on commercial needs.

Casco Antiguo is not only a historical landmark but has also emerged as a significant commercial and touristic hub. Surrounded by restaurants, boutiques, art galleries, bars, and iconic plazas, this space benefits from high foot traffic from both tourists and residents, making it an ideal business location. Moreover, its proximity to the new cruise terminal and convention center ensures a steady influx of visitors.

This commercial space also offers easy access to the main avenues connecting Casco Antiguo with other key areas of the city, including Panama’s financial district and Tocumen International Airport.

Additional Details:

  • Mezzanine ideal for offices or storage
  • Large windows facing the street, offering excellent exposure
  • Flexibility to combine or divide spaces
  • Wide sidewalk, ideal for outdoor seating permits

This is an exceptional opportunity for those looking to invest in a commercial space in the thriving and prestigious Casco Antiguo.

Property Features

  • Restaurant area
  • Common Areas
  • Ready to rent
  • Downtown
  • Frequency location
  • Good reachable traffic
  • Near Congress-Centre
  • Near Public Transportation
  • Near Schools
  • Near Shops
  • On Busy Road
  • By the sea
  • Near Restaurants
  • Near Amenities

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