FOR SALE: COMPLETE BUILDING IN CASCO VIEJO - IDEAL FOR INVESTORS - CASA LOEW (10)

Price
$2,000,000
Price/M²
$5,650
M² of construction
353.97

FOR SALE: COMPLETE BUILDING IN CASCO VIEJO - IDEAL FOR INVESTORS - CASA LOEW (10)

Category

Buildings

Published

20/07/2024

Location

Casco Viejo, San Felipe

Price

$2,000,000

Price/M²

$5,650

Lot Size

353.97

Address of Property

CASCO VIEJO, CASA LOEW

Maintenance Costs

1

Room Height

2.8

Year of construction

1910-1919

Stories

3

Balcony/Terrance

balcon

Type of Floor

Other

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Benefits

Near a School
Pet Friendly
Near Traffic
Laundry
Patio

Property

RMH1-C2 Zoning (commercial use such as restaurants, health clinics, discos, gyms, professional offices, hotels, etc.)
Location: diagonally across from the Presidency.
5 commercial units on the ground floor
3 levels with apartments
Balcony in all apartments
Terrace
Currently vacant
Appraisal available for 2023
Approved plans for commercial license
Building suitable for renovation
The building is situated on a corner lot.

This property consists of 3 levels. The ground floor has 5 rented commercial units, currently generating income. Levels 1 and 2 consist of apartments and culminate in a rooftop space.
The building is zoned RMH1-C2, allowing for residential, commercial, office, educational, and cultural uses, among others.

The ground floor is ideal for street-level commercial use. Levels 1 and 2 should be renovated to create one and two-bedroom apartments for short-term rentals via platforms like Airbnb or Booking, or for restaurants.
It features an ideal rooftop space for a restaurant.

Don't miss the opportunity to be part of the revitalization of Casco Antiguo. This entire building is more than just a property; it's a piece of history waiting to be transformed. Elevate your real estate experience and become part of the unique essence of Panama City.

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