Avenida B, Casco Antiguo, Panama - Casco Viejo, San Felipe, Panamá, Panama - Casco Viejo, San Felipe, Panama City

002391912044 - FIRE SALE- Fully Occupied Commercial Property Generating $7, 800 Monthly Income - Lot Size: 215 m²Construction Size: 420 m²Location: Casco Antiguo, Panamá (UNESCO Heritage Site)Year of Refurbishment: 2012Property Tax Exoneration: Until 2042Welcome to an unparalleled investment opportunity nestled within the historic charm of Casco Antiguo, Panamá's esteemed UNESCO heritage site. This commercial property, fully leased with secured tenants, presents a remarkable chance for investors seeking consistent returns in a prime location.Strategically situated along the vibrant Avenida B, this property boasts maximum visibility and a continuous flow of foot traffic, ensuring a steady income stream for years to come. With three separate entrances, this commercial building offers a diverse range of rental possibilities, making it an ideal choice for astute investors looking to diversify their portfolio.Currently generating a monthly income of $7, 800 from long-term leases, this property promises a reliable cash flow with a three-year lease agreement for both tenants, accompanied by a 5% yearly rental increase. The ground floor hosts two independent commercial venues, each contributing to the property's robust rental income. Meanwhile, the serene internal patio is home to a thriving restaurant, providing patrons with a unique dining experience amidst the historic ambiance of Casco Antiguo.As the sun sets, the upper floor comes alive with a vibrant bar and discotheque, offering visitors an electrifying nightlife experience. With its fully furnished setup and secured tenant agreements, this commercial space represents a hassle-free investment opportunity in one of Panamá's most sought-after locations.Casco Antiguo continues to attract visitors seeking its cultural charm and dynamic lifestyle, ensuring sustained demand for commercial properties within the area. With a fully occupied building and secured rental income, this property not only offers stability but also the potential for future appreciation and growth.Rare opportunities like this don't come around often. Don't miss your chance to own a piece of history while enjoying lucrative returns. Contact us today to schedule a private tour of this exceptional property and take the next step towards realizing your investment goals in Panamá's iconic Casco Antiguo.