Prime Development Lot with Income – Unbeatable Location!

$ 3,800,000
Via España Esq. Via Porras, ,

Overview

  • Updated On:
  • October 27, 2023
  • 4 Bathrooms
  • 10 Garages
  • 1,495 m2

Description

Prime development lot with an unbeatable location at the corner of Vía Porras and Vía España. Take advantage of a recent one million dollar price reduction!

Plan your future development at this strategic location while receiving steady monthly income in the meantime. The lot features 1,495 m² with an easement on the back bring the total square meters to 2,156 m², creating opportunities for flexible parking and additional access points without constraining the use of the building lot.

Maximum RM3C2 provides the owner with unlimited developmental opportunities.

The current commercial plaza on the property provides a steady monthly income, ensuring a return on your investment while you plan for the future. The space distribution includes:

• A main space of 260 m² with 10 parking spaces, generating over $8,000 in monthly rent.
• Another functional space of nearly 60 m², earning an additional $4,000 per month.
• A ground-floor space of almost 60 m², plus a 30 m² office and terrace access, suitable for various types of businesses.
• A 2-bedroom apartment upstairs, which could potentially be converted into a restaurant or bar, further enhanced by terrace access.
Additional spaces are utilized for containers and storage.

This property offers a balance of immediate financial return and potential for future development. Contact us to arrange a visit and explore all the possibilities this property has to offer.

Address: Via España Esq. Via Porras
State/County:
Country: Panama
Open In Google Maps
Property Id : 254631
Price: $ 3,800,000
Property Size: 1,495 m2
Property Lot Size: 2,156 m2
Bathrooms: 4
Garages: 10
Mon 06 May
Tue 07 May
Wed 08 May
Thu 09 May
Fri 10 May
Sat 11 May
Sun 12 May
Mon 13 May
Tue 14 May
Wed 15 May
In Person
Video Chat
Your information

Contact Me

Call +(507) 6480-0881 WhatsApp

Property Reviews

You need to login in order to post a review
  • Advanced Search

Translate »

Compare Listings

Philip James Schlesinger