Historic Building for Sale with Zoning MP-RM3C2

Calidonia, Calidonia O La Exposicion, Panama
REF: 22634 $1,780,000
471 sq m
Active
Open demo
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Courtesy of MLS Acobir

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Location: Calidonia, Calidonia O La Exposicion, Panama
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.

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Ref
22634
Price
$1,780,000
Status
Active
Property Type
Other
Land Size
1200 sq m
Internal area
471 sq m
Year of construction
1935
Features
Parking Spaces:
Parking Level:
Type Of Air Conditioner
Water Type
Zoning

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