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$ 1,300,000
Est. payment /mo
Active
Calidonia
4,144 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,144 sqft
Price per Sqft $313
Lot Size 4,656 Sqft
Property Description
Multifamily / Commercial Property with Mixed-Use Zoning
Strategic Urban Location with Residential and Commercial Potential
Urban Area • Mixed-Use Zoning • Strong Investment Appeal
This multifamily / commercial property is located in a consolidated urban area, offering an excellent opportunity for residential, commercial, or mixed-use development, in accordance with its RM3 zoning. The property benefits from paved road access, full public services, and a surrounding environment with active urban dynamics.
The property sits on a 432.68 m² (4,656 sq ft) lot and features approximately 385.00 m² (4,144 sq ft) of enclosed construction. The total area considered for appraisal purposes is 432.68 m² (4,656 sq ft), making it a solid asset for redevelopment, rental income, or long-term investment.
The existing structure is built with masonry construction, combining concrete slab and zinc roofing, with tile and concrete flooring throughout. All essential utilities are available, including water, electricity, sewage, and public lighting, ensuring immediate usability and development feasibility.
Property Overview
Lot size: 432.68 m² (approx. 4,656 sq ft)
Approximate enclosed construction area: 385.00 m² (approx. 4,144 sq ft)
Total area considered for appraisal: 432.68 m² (approx. 4,656 sq ft)
Zoning: RM3 – Mixed-use (residential / commercial)
Construction type: Masonry
Roofing: Concrete slab and zinc
Flooring: Tile and concrete
Utilities: Water, electricity, sewage, public lighting
Location & Zoning
Urban location with paved road access
Mixed-use zoning allowing residential and commercial development
Well-established urban environment
Strong accessibility and service coverage
Inspection / Appraisal Date
May 2025
Asking Price
US$1,300,000
This property represents a strong investment opportunity for developers or investors seeking a versatile asset in an urban location with mixed-use zoning and solid development potential.
Strategic Urban Location with Residential and Commercial Potential
Urban Area • Mixed-Use Zoning • Strong Investment Appeal
This multifamily / commercial property is located in a consolidated urban area, offering an excellent opportunity for residential, commercial, or mixed-use development, in accordance with its RM3 zoning. The property benefits from paved road access, full public services, and a surrounding environment with active urban dynamics.
The property sits on a 432.68 m² (4,656 sq ft) lot and features approximately 385.00 m² (4,144 sq ft) of enclosed construction. The total area considered for appraisal purposes is 432.68 m² (4,656 sq ft), making it a solid asset for redevelopment, rental income, or long-term investment.
The existing structure is built with masonry construction, combining concrete slab and zinc roofing, with tile and concrete flooring throughout. All essential utilities are available, including water, electricity, sewage, and public lighting, ensuring immediate usability and development feasibility.
Property Overview
Lot size: 432.68 m² (approx. 4,656 sq ft)
Approximate enclosed construction area: 385.00 m² (approx. 4,144 sq ft)
Total area considered for appraisal: 432.68 m² (approx. 4,656 sq ft)
Zoning: RM3 – Mixed-use (residential / commercial)
Construction type: Masonry
Roofing: Concrete slab and zinc
Flooring: Tile and concrete
Utilities: Water, electricity, sewage, public lighting
Location & Zoning
Urban location with paved road access
Mixed-use zoning allowing residential and commercial development
Well-established urban environment
Strong accessibility and service coverage
Inspection / Appraisal Date
May 2025
Asking Price
US$1,300,000
This property represents a strong investment opportunity for developers or investors seeking a versatile asset in an urban location with mixed-use zoning and solid development potential.
Listed by Nicole Perez • Engel & Völkers Panama City
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