High-Potential Development Property in Casco Viejo - Casa

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Commercial For Sale

Casco Viejo

Panama City,

Panamá

Community: 

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$2,900,000 0 br, 0.0 bath 9687 sq. ft. 0.000 acres

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.

Interior:
  • Bedrooms: 0
  • Baths: 0.0
  • Sq Ft: 9687
  • Year Built: 0
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: City
  • Yard: 
  • Siding: 
  • Roof: 
  • MLS #: AM-5082972
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Contact Information:
Beach Commercial For Sale in Panama City,
Listing Agent: Maria Arosemena, Engel & Völkers Panama City, , 507-678-0827 Listing Site, Listing Status: Active
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7405004
Viewed 19 times.
Updated: Mar 14, 2026

This property is a Commercial located at Casco Viejo, Panama City, , and is currently For Sale at $2,900,000. This Commercial has 0 bedrooms, 0.0 baths, 9687 sq ft.