House For Sale in Panama Viejo

Secure Investment in a Strategic Location – Panama City Sale Price: $1,900,000.00 Warehouse Area: 886 m² Parking Spaces: 5 Price per m²: $2,144.46 Discover an excellent investment opportunity in one of Panama City’s most strategically located commercial zones. These currently leased warehouse-offices (ofibodegas) are located within a low-density business center on Vía Cincuentenario, one of the city’s main thoroughfares, offering connectivity to all four cardinal points. Its prime location allows for quick and efficient access: • 1 minute from Costa del Este and the South Corridor • 5 minutes from San Francisco, Coco del Mar, and nearby areas • 5 minutes from Santa Elena, Río Abajo, Vía España, and Juan Díaz The area is highly sought after due to its excellent accessibility, modern infrastructure, and proximity to key areas of the capital. The business park offers 24/7 gated security, underground electrical systems, fiber optic connectivity, a food court, and common areas—significantly enhancing the perceived value for tenants. Property Features: • Total area: 886 m² on a single floor • Clear height of 11.79 meters (highest point) • 2 bathrooms, 1 cleaning room, and 1 storage room • 1 automatic roll-up door for loading/unloading • Glass pedestrian access door • Industrial-style façade with polished glossy interior floors • 5 private parking spaces + 1 accessible space Fully Equipped with High-End Finishes: • Office space with gypsum ceiling and 45x45 cm porcelain tile flooring • Equipped with air conditioning units (office only) • Sprinkler system approved by the fire department • Fire alarm and smoke detectors • Complete electrical system with internal and external lighting • Cable TV and internet-ready ductwork • Approved final occupancy permits Financial Indicators: • Annual Property Tax: $2,686 • Estimated Annual Return: $94,028 • Return on Investment (ROI): 4.95% These warehouse-units are already leased, providing investors with the advantage of immediate cash flow. With a strategic location, high-end technical features, and a premium business environment, this property is a secure and profitable option within Panama’s competitive commercial real estate market. For more information or to schedule a visit, contact us directly. This is an excellent opportunity to diversify and strengthen your real estate portfolio with a solid and growing investment.