A special investment property is now available for purchase in Panama’s most important and popular restaurant, entertainment, and commercial neighborhood. The existing two-story 600m² building, before leased as a disco, is built on a 350m² lot. The basic configuration of the structure includes a main floor and a mezzanine.
This prime property itself has many possibilities, such as an upscale restaurant, showroom design center, boutique, jewelry store, or other commercial uses. The building could be subdivided into several locales, and according to the investors’ purposes, additional floors could be added like other buildings nearby.
Calle Uruguay from Avenida Balboa to Calle 50 is in the heart of a district that contains banks, hotels, luxury apartments, restaurants, boutique shops, upscale furniture stores, show rooms, clubs, and bars. This prime property is close to the Waldorf Astoria, Le Meridien Hotel, Manrey Boutique Hotel and Club, La Posta Restaurant, Gaucho’s Restaurant, Habibi’s, The Londoner Pub, and Ozone Café. The Banking District also borders the region. The beautiful Cinta Costera is also in close proximity.
The government of Panamá, in recognizing the economic importance of this area, has developed a master plan that will transform Calle Uruguay. Streets and sidewalks will be rebuilt with plentiful landscaping to make it a pedestrian friendly venue. Electrical wiring and utilities will also be installed underground. We have all seen what has happened to property values in Casco Viejo with the redevelopment in that UNESCO historic area. This would be the ultimate time to make an investment in an area that promises to have a tremendous and profitable future.
For more information please contact +50764305599 or send an email
We speak your language English, Spanish, German...
- View: Town
- Listing status: Active
- Available from: Apr 14, 2016
- Listing #: 12516
- Parking: 6 Cars
- Broadband Internet
- Hot water
- On the ground floor
- Air conditioning
Keywords: property, panama, calle uruguay, panama city
Latitude / Longitude: 8.977469 / -79.525373
|Nearest airport||Tocumen Airport||23 km|
|Nearest subway station||Metro Iglesia del Carmen||700 Meters|