Strategic Income-Producing Property in Ancón
$2,479,000
Description
Strategic Income-Producing Property in Ancón with Significant Development Potential
Located in a prime section of Ancón, next to the National Bingo, this property boasts a generous 2,500 m² lot (approximately 26,910 ft²) and an existing 5,872 m² of built space (approximately 63,222 ft²), offering a rare opportunity for investors looking for both steady income and large-scale development prospects.
The property currently produces revenue through operating apartments and commercial units. Its expansive layout and strategic location make it ideal for expanding into a multi-tower or mixed-use complex that maximizes the site's long-term potential.
Situated in one of Panama City's fastest-growing urban zones, this asset combines immediate cash flow with visionary development capacity in a highly promising location.
Property details
Property type
Commercial Space
Living area
~5,874 m²
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Engel & Völkers
Provider:
Green North Castle, S.A.
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