Code: 26-6228

Excellent investment opportunity in the heart of Obarrio, one of the most strategic commercial and financial areas of Panama City. This improved lot with ZM6 zoning (medium-intensity mixed use) offers great potential for commercial or corporate development projects.

With 1,600 m² of land, the property allows the construction of ground floor plus two additional levels, making it ideal for commercial plazas, office spaces, showrooms, restaurants, or mixed-use developments.

Property features:
1,600 m² lot size
Approximate dimensions: 40 m frontage x 40 m depth
20 parking spaces available
ZM6 zoning (medium-intensity mixed use)
Allows ground floor + 2 additional floors

The property already includes several existing improvements, such as:

• Ground floor: 279.96 m²
• Upper floor: 200.79 m²
• Entrance portal: 26 m²
• Covered side terrace: 54.31 m²
• Greenhouse: 70 m²
• Rear covered area: 16.93 m²
• Power generator booth: 5 m²

Prime location in Obarrio, surrounded by banks, corporate offices, restaurants, commercial plazas, and essential services, making it an ideal investment for high-value commercial development.

Sale price: $2,800,000
Approximate annual taxes: $20,000

There is also an option for rent with purchase option, providing additional flexibility for investors and developers.

Contact Rent-A-House and discover the full potential of this property.