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$ 888,000
Est. payment /mo
Active
Caso Viejo
2,637 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,637 sqft
Price per Sqft $336
Lot Size 742 Sqft
Property Description
Situated on Avenida B, directly across from Plaza Arango in Panama City's Casco Antiguo, Casa Catalina presents a compact yet promising opportunity for developers and investors. With 69 m² of land and 245 m² of built space, the property offers development potential up to 269 m², making it an attractive option for tailored residential or commercial use in one of the most active and culturally rich areas of the city.
The property is zoned RMH2-C2, which allows for a combination of high-density residential and commercial developments. Its designation as a Category 3 historical heritage site ensures that any renovation or new construction maintains the character of Casco while still offering room for modernization and contemporary adaptation. This balance between preservation and innovation makes Casa Catalina a rare and valuable asset in an increasingly competitive market.
Located steps away from key attractions such as boutique hotels, restaurants, art galleries, and
Panama's most vibrant nightlife, the property benefits from high visibility and constant pedestrian traffic. Its positioning directly in front of Plaza Arango, a well-known cultural and social hub, further enhances its appeal for boutique concepts—be it a stylish café, a creative office, a retail space, or an elegant pied-à-terre.
As Casco Antiguo continues to evolve into a dynamic center of tourism, art, and entrepreneurial activity, small-scale properties like Casa Catalina become increasingly significant. They provide the flexibility to execute curated projects with character and intention, all while benefiting from the district's steady growth in demand and long-term value retention.
Casa Catalina is not only a property—it is a canvas for boutique development in one of Panama's most historic and energetic districts. With its ideal location and architectural heritage, it offers the foundation for a unique and meaningful project in the heart of Casco Antiguo.
The property is zoned RMH2-C2, which allows for a combination of high-density residential and commercial developments. Its designation as a Category 3 historical heritage site ensures that any renovation or new construction maintains the character of Casco while still offering room for modernization and contemporary adaptation. This balance between preservation and innovation makes Casa Catalina a rare and valuable asset in an increasingly competitive market.
Located steps away from key attractions such as boutique hotels, restaurants, art galleries, and
Panama's most vibrant nightlife, the property benefits from high visibility and constant pedestrian traffic. Its positioning directly in front of Plaza Arango, a well-known cultural and social hub, further enhances its appeal for boutique concepts—be it a stylish café, a creative office, a retail space, or an elegant pied-à-terre.
As Casco Antiguo continues to evolve into a dynamic center of tourism, art, and entrepreneurial activity, small-scale properties like Casa Catalina become increasingly significant. They provide the flexibility to execute curated projects with character and intention, all while benefiting from the district's steady growth in demand and long-term value retention.
Casa Catalina is not only a property—it is a canvas for boutique development in one of Panama's most historic and energetic districts. With its ideal location and architectural heritage, it offers the foundation for a unique and meaningful project in the heart of Casco Antiguo.
Listed by Maria Arosemena • Engel & Völkers Panama City