Panama real estate
, Obarrio
starting from $,0
min. size 14477 sq. ft

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Investment Opportunity for Bank or Commercial Space!
Price on Application
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This is a key property in Area Bancaria, Panama City, Panama. The property was previously a bank and a foreign embassy. With minimal time and refurbishment the property may once more be transformed into either a bank, commerical offices, an hotel, a condo-hotel, or combined with a series of luxury apartments.

EXISTING BUILDING
• Total land area: 1,345.00 sqm.
• Construction area: 1,117.60 sqm.
• 9 story building (office or apartment use – has been used for both)
• 16 under roof parking spaces & 2 front of building parking spaces.
• One elevator
• Stairs
• Water tank
• Commercial space on double height ground floor; with vault appropriate for a bank
• Garage door at the entrance to the building
• Office or apartment area in typical floors: 160.20 sqm
• Service and circulation area in typical floors: 31.00 sqm
• Total area last floor: 312.70 sqm divided into two levels
• Circulation area uppermost floor: 26 sqm



BULDING PROPOSAL FOR COMMERCIAL USE
• Total land: 1,345.00 sqm
• Construction area: 1,117.60 sqm
• 10 story office space with 704 sqm each
• 3 levels for parkings underground

*This distribution can vary according to the design of each architect in compliance with the different options that the land may offer according to size and topography.