Building For Sale in Casco Viejo

USD 2,500,000

Historic Building for Sale in Casco Viejo For Sale

Casco Viejo

Property Description

Historic Building for Sale in Casco Viejo, 14,555.06 sq ft of construction on a 3,810.10 sq ft lot

This beautiful commercial building, built on a lot with an area of 3,810 sq ft, is located in a privileged location in Casco Viejo, since the avenue where it is located is used as a way out of Old Town and connects with the City. This lot is part of the axis that limits the historical heritage area, protected by UNESCO since 1997, from the rest of the City. It is located a few meters from the cathedral square.

The building has a historical classification of Second Order, and it means that it is partially of great value, because it preserves some important architectural elements that are, either before or after 1850, but of maximum architectural value for its time. The building must be restored in such a way that the elements of great value are enhanced according to the Laws that protect the Historical Heritage of the Republic of Panama, and 32 apartments and the Roof Top can be built, in addition to the commercial spaces that are currently operating.

The building has a RMH1-2 Zoning and consists of three levels: ground floor with 4 commercial premises, two additional levels and a small terrace on the third floor, all connected by stairs.

It has drawings approved for commercial use throughout the property. 

Nivel 000 3,722.16 sq ft

Nivel 100 3,720.00 sq ft

Nivel 200 3,793.20 sq fr

Nivel 300 3,319.69 sq ft

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Property Details

  • Property ID: 1052-7992
  • Sale Price: USD 2,500,000
  • Built Area: 1352.21 m2
  • Total Area: 1352.21 m2
  • Lot Size: 354 m2
  • Unit #: 598
  • Property Type: Building
  • Status: For Sale
  • Published: Oct 21, 2021

Property Location

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