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Panama
> Panamá Province
> Panama City
> 07093
> Ave Balboa

Map Location

Ave Balboa

Panama City, Panamá Province, 07093, Panama

Property ID: #16228508 // Commercial
    / 11
Traditional Sale
List Price:
USD $4,000,000
Icon - ft²
Icon 0.37 acres
Icon - beds
Icon - baths
Title:
Map Location
Address:
Ave Balboa
City:
Panama City
State, Province or Island:
Panamá Province
Zip Code:
07093
Country:
Panama
Property Type:
Commercial
Additional Property Types:
Commercial
Lot Size:
0.37 acres
Data Source:
XML2U
Listing Link:
Click Here
MLS/Reference Number(s):
19347-commercial...
Source Property Type:
Commercial

Property Provided By

Property Information

Positioned on a highly strategic block just steps from Avenida Balboa, this 1,513 m2 property offers a rare development opportunity in one of Panama City's most central and evolving districts. The site sits directly along a corridor connecting Calidonia, the Cinta Costera waterfront, and the commercial core of the capital, placing it squarely in the path of continued urban transformation.

Currently improved with a modest three-level warehouse structure, the existing construction is functional but secondary to the underlying land value. For most buyers, the highest and best use of the property will likely involve redevelopment to maximize the density and visibility offered by the location.

* Land area: 1,513 m2

* Existing structure: 3-level warehouse building

* Zoning: 1ZM7 mixed-use development classification

* Strategic Avenida Balboa corridor location

* Walking distance to Cinta Costera and waterfront park

* Immediate access to major city transport routes

* Strong potential for vertical redevelopment

The 1ZM7 zoning designation allows for high-density urban development, typically supporting mixed-use projects that combine residential, commercial, hospitality, and retail uses. Developers may explore concepts such as residential towers, mixed-use complexes with retail podiums, urban hotels, or commercial office projects that capitalize on the visibility and connectivity of this central location.

Properties of this scale and positioning along the Avenida Balboa axis are increasingly difficult to assemble. For investors and developers seeking a foothold in the city's long-term growth corridor, this parcel represents a compelling opportunity to participate in the next phase of Panama City's urban progress.

Property Details

Location: Ave Balboa, Panama City

Price: $4,000,000

Bedrooms: n/a

Bathrooms: n/a

Location Type: Urban / Investment

Property Type: Commercial

Parking Spaces: n/a

Year Built: n/a

Area: m2 Lot: 1,513m2

Source Disclaimer

Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2026-11-01 16:03:07. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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