Multi-Family For Sale in Obarrio

We present an exceptional investment opportunity in the heart of Obarrio, one of the most exclusive and strategic areas of Panama City. This 7-level office building offers spacious areas and an infrastructure designed to meet the needs of modern businesses. Property Details: • Land Area: 1,568.20 m² • Construction Area: 3,866 m² • Sale Price per Square Meter: USD 2,200 • Total Sale Price: USD 8,500,000 Level Distribution: • Ground Floor: o Capacity for 70 people o Cafeteria o 3 meeting rooms o Lobby and reception area o Archive area o Restroom facilities • First Level: o Capacity for 250 people o Cafeteria on the Fourth Level o 3 meeting rooms o Lobby and reception area o Restroom facilities • Second, Third, and Fourth Levels: o Unrenovated areas, ideal for a cafeteria and meeting rooms • Fifth and Sixth Levels: o Capacity for 170 people o 3 meeting rooms o Restroom facilities o Meeting rooms All floors include electrical and data rooms, ensuring an adequate technological infrastructure. Location and Accessibility: Obarrio stands out for its privileged location in Panama City, being a high-demand area surrounded by financial, commercial, and residential centers. The building has excellent connectivity to the city's main avenues, such as Calle 50 and Vía España, facilitating access and transportation. Business and Commercial Activities: The area is ideal for commercial and business activities, offering proximity to banks, restaurants, hotels, and other essential services for the optimal operation of any company. Additionally, the proximity to shopping centers and leisure areas provides additional options for employees and clients. Zoning: The property has a 1ZM6 zoning, allowing mixed-use development with medium-density multifamily residential, up to 2,000 people per hectare. This classification permits a variety of uses, including: • Residential: Multifamily housing. • Commercial: Wholesale supply centers and storage warehouses. • Tertiary or Service Sector: Offices, banking institutions, restaurants, bars, cafeterias, hotels, accommodations, entertainment venues (cinemas, nightclubs), and tourism services. • Logistics and Industrial: Low-impact industries. • Institutional: Government offices, police and fire stations, and other facilities. • Educational: Daycares, primary, secondary, and higher education institutions. • Healthcare: Hospitals, health centers, and social assistance services. • Cultural: Libraries, community centers, museums, and religious institutions. • Sports: Large sports complexes, courts, sports centers, stadiums, and swimming pools. Investment Opportunity: This property represents an excellent investment opportunity in one of Panama’s most dynamic areas, with high potential returns due to its strategic location and features. Don’t miss the opportunity to acquire this office building in the heart of Obarrio. For more information or to schedule a visit, contact us today.