Casco Viejo
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Casco Viejo
Casco Viejo
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Casco Viejo

9,867 SqFt


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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 9,867 sqft

Price per Sqft $293

Lot Size 3,229 Sqft

Property Description

High-Potential Development Property in Casco Viejo – Casa Ardila

Located in Plaza Santa Ana, one of the most dynamic and historic areas of Casco Viejo, Casa Ardila offers an excellent opportunity for commercial and mixed-use development in a high-traffic zone surrounded by bars, restaurants, and nightlife.

The property features a land area of 300 m² (3,229.17 ft²) and a built area of 900 m² (9,687.51 ft²), with a development potential of up to 1,420 m² (15,285.44 ft²). Its flexible RMH2-C2 zoning and historic classification in categories 3 and 4 allow for a wide range of uses while preserving architectural character.

Casa Ardila includes several existing commercial spaces on the ground floor and is ideally situated to become a boutique hotel, residential rental units, a retail concept, or a nightlife destination in the vibrant Casco Viejo scene.

This is a rare opportunity to invest in a centrally located, high-visibility property with both historical value and strong income potential.


Listed by Maria Arosemena • Engel & Völkers Panama City
Ciara Caponi

Ciara Caponi

Licence Partner | License ID: PN-4885

+50767808277

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Casco Viejo