Historic Building for Sale with Zoning MP-RM3C2 | $1,780,000
Rafael Gangi Agent Photo
Rafael
Gangi
C. (507) 6550-5186
P. (507) 226-5704
Phone Rafael
PANAMA SOTHEBY'S INTERNATIONAL REALTY
Calle 70 San Francisco, Ph Setenta 30,oficina 102
Panamá
Panamá

Details

%
Years (35 year max)
Years



AreaPanamá
Sub AreaCalidonia o la Exposición
State/ProvincePanamá
CountryPanamá
Price$1,780,000
Property TypeBuilding
Floor Space471 m²
Lot Size1200.00 m²
Year Built1935
MLS® #21346

This 1,200 m2 lot located in the most prestigious area of La Exposición (Calidonia) is a perfect development site. With favorable MP-RM3C2 zoning, it can be developed as a multi-family housing complex with commercial locales on the ground floor or as high-intensity commercial structure with multiple business activities permitted. The property is flat, rectangular in shape and fully fenced. It can be accessed from Avenida Cuba or Calle 36. Within easy walking distance are two hospital complexes (private and public), a metro station, multiple government offices, hotels and restaurants. As development of the downtown core moves west of Bella Vista, savvy investors and experienced developers are already acquiring properties in La Exposición, which many are deeming "the next Casco Viejo" given its historic importance and unique architectural style.

Location

Use two fingers to move the map
Street View Satellite
Use two fingers to scroll demographics
Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
(click to close)

About