Historic Building for Sale in Casco Viejo, Panama City

Originally built in 1916, this historic building in Panama City’s Casco Viejo neighborhood has recently undergone a complete facade restoration, including a brand-new roof. Located on one of the busiest streets in Casco Viejo, this property offers excellent visibility and foot traffic, making it ideal for a restaurant, club, bar, coffee shop, or retail storefront.

The building features 16 large windows and doorways between the first and second floors, allowing plenty of natural light and great opportunities for people-watching during business hours. The total buildable area on the first floor is approximately 1,620 m². Estimated finishing costs are around $150 per square meter, with rental rates averaging $18 to $20 per square meter per month.

About Casco Viejo

Casco Viejo is Panama City’s most historic and vibrant neighborhood. Founded in 1673, it has recently experienced a revitalization supported by the government, transforming it into a lively area popular with both locals and tourists. Known for its mix of classic colonial architecture and energetic nightlife, Casco Viejo is home to some of the city’s best restaurants, bars, shops, and luxury residences.

Interested in this unique investment opportunity? Contact us today to learn more or schedule a viewing. Don’t miss your chance to be part of Panama’s most dynamic historic district!