New

Commercial Property with Development Potential | Bella Vista

$1,600,000
  • 3 Bathrooms
  • ~1,200 m² Living area

Description

Located in Bella Vista, one of Panama City’s most established and strategically positioned neighborhoods, this substantial property presents an attractive opportunity for investors, developers, and owner-occupiers seeking a centrally located asset with significant future potential. Set on a 1,000 m² lot with approximately 1,200 m² of existing construction, the property offers flexibility for immediate commercial use while also providing an opportunity for future redevelopment. The property is designated MP-RM3C2, a mixed-use zoning classification that allows for medium- to high-density residential development combined with commercial uses, subject to applicable planning and construction regulations. Its generous lot size, central location, existing construction, and development potential make this an appealing opportunity for a residential, commercial, or mixed-use project in one of Panama City’s most connected areas. Property Highlights • 1,000 m² lot • Approx. 1,200 m² of construction • 7 parking spaces • MP-RM3C2 mixed-use zoning • Potential for medium- to high-density residential development • Commercial use permitted under applicable regulations • Potential for residential, commercial, or mixed-use redevelopment • Prime Bella Vista location • Attractive opportunity for developers and investors • Suitable for immediate commercial use or future redevelopment • Sale Price: US$1,600,000
Features
Garage
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Engel & Völkers Panama City

Your advisor: Maria Arosemena

Property ID: AM-5533637

Property details
  • Property type

    Commercial Space

  • Bathrooms

    3

  • Parking spaces

    7

  • Living area

    ~1,200 m²

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