Commercial property in Downtown David

Price
$495,000
Price/M²
$1,608
M² of construction
307.74
Bedrooms
3
Bathrooms
4
Parking
2

Commercial property in Downtown David

Category

Sale

Published

09/05/2024

Location

David

Price

$495,000

Price/M²

$1,608

Lot Size

599

Address of Property

Ave. Domingo Diaz, David, Chiriqui

Year of construction

1960-1969

Stories

1

Balcony/Terrance

terrace

Swimming pool

no

Type of Floor

Other

Benefits

Near a School
Near Traffic
Roofed Parking
Garden or Park
Patio

Property

Welcome to a premier commercial real estate opportunity located in the heart of Doleguita, a vibrant and economically promising district in the bustling center of David, Panama. This expansive property, strategically positioned for maximum visibility and accessibility, is the perfect foundation for any entrepreneur or investor looking to tap into a dynamic business environment.

The property spans a generous area suitable for a variety of business models, including retail stores, gourmet restaurants, corporate offices, or a combination of these. Its versatile architecture allows for either a contemporary open layout or a segmented plan, tailored to meet specific operational needs. Built to modern standards, the structure is ready to support a wide range of commercial activities.

Located in the thriving David Center area, the property's accessibility is unparalleled. It is easily reachable via major thoroughfares, and the surrounding infrastructure facilitates quick access to public transportation, including buses and taxis. This ease of access is essential for attracting foot traffic, which is vital for retail and dining establishments.

Doleguita is not only a cultural and social hub but also one of the fastest-growing commercial districts in Panama. The area has seen substantial local and international investment, which drives its market environment. The past decade has brought a wave of multinational corporations as well as a surge in local businesses, creating a competitive yet lucrative economic landscape.

The district's diverse demographic, from young professionals and families to tourists, supports a wide range of business models and innovations. This variety is particularly beneficial for sectors such as technology, culinary arts, fashion, and professional services.

The property is surrounded by numerous amenities and attractions that add to its appeal. It is within walking distance to large shopping centers and boutique shops that attract steady foot traffic. A variety of dining options cater to all tastes and budgets, and close proximity to residential communities provides a constant stream of customers and simplifies commutes for employees who live nearby. Additionally, the proximity to major transportation hubs and planned road network expansions promise enhanced accessibility and logistics.

Investing in this property means more than just buying real estate; it's investing in potential. With Panama’s growing economy and David's strategic importance as a commercial gateway, the prospects for capital appreciation and return on investment are substantial. Government focus on infrastructure and business-friendly policies, including new tax incentives, continually enhance the property's value.

This commercial property in Doleguita is not just a physical space; it is a gateway to infinite possibilities in a thriving market. It offers versatility, prime location, and significant potential to realize ambitious commercial goals. This is your opportunity to make a mark in one of Panama’s most dynamic commercial landscapes.

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