New

Prime Commercial Investment with Diversified Income

$5,600,000

Description

Positioned within one of Panama City's most established and high-traffic commercial corridors, this three-story commercial building presents an outstanding investment opportunity for buyers seeking a stable, income-producing asset with long-term appreciation potential. Located in a high-visibility, premier commercial district the property enjoys exceptional visibility, continuous pedestrian and vehicular traffic, and direct access to the city's main transportation routes. Built on a 2,899 m² site with approximately 3,762 m² of improvements, the property comprises 13 independent commercial units, creating a diversified tenant mix that enhances income stability and reduces operational risk. The building has successfully accommodated restaurants, financial institutions, and service-oriented businesses, demonstrating its versatility and strong market appeal. Designed to meet modern commercial requirements, the property features quality finishes, climate-controlled areas, an elevator, and a backup power generator, ensuring operational continuity and a comfortable environment for tenants and visitors alike. With an estimated gross monthly income approaching US$40,000 and a potential capitalization rate of approximately 8%, this asset offers an attractive balance of location, income performance, and long-term investment value within one of Panama's most established commercial districts. Property Highlights: • 2,899 m² commercial site with C2 zoning • Approximately 3,762 m² of constructed area • 13 independent commercial units • Diversified income stream from multiple tenants • High pedestrian and vehicular traffic exposure • Direct connectivity to major city thoroughfares • Three-story building plus technical rooftop level • Elevator serving the property • Backup power generator • Quality commercial finishes including porcelain flooring, imported ceramics, aluminum, and glass • Central air-conditioning in multiple areas • Proven history of active commercial occupancy • Estimated gross monthly income of approximately US$40,000 • Potential capitalization rate of approximately 8% (Cap Rate)
Features
Garage
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Engel & Völkers

Your advisor: Liliana Plata

Property ID: AM-5528419

Property details
  • Property type

    Commercial Space

  • Number of Floors

    4

  • Parking spaces

    42

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