Commercial Space for Rent in 12 de Octubre

Description

Commercial Land for Rent – Pueblo Nuevo. 1,990 m² lot with 1,328 m² of construction, ideal for storage and offices. Includes two-level warehouses, storerooms (some refrigerated), Prime location 100 m from Vía 12 de Octubre and two blocks from the Metro. Three-phase electrical capacity. Monthly rent: $7,000. This space features: Telephone Line 1900 Mt2 4 Bathrooms 10 Parking Spaces Lighting Covered parking Reserve Water Tank In addition, you will enjoy: High traffic Easy Access Storage room Garden Visitor parking For further information or to schedule a viewing, please do not hesitate to contact us; we will assist you as soon as possible.

Amenities

• Water
• Air conditioning
• Guest bathroom
• Master bathroom
• Storage room
• Electricity
• Paved access
• Business office
• Visitor parking
• Public transport nearby

Gallery

The area: 12 de Octubre

12 de Octubre is a corregimiento of Panama City in the eastern part of the capital, bordering Río Abajo, Pueblo Nuevo and Parque Lefevre. It is a long-established, densely built urban area, largely residential in character, combining streets of houses with low- and mid-rise buildings and neighbourhood commercial strips. Its central-eastern position gives it access to the main roads linking the banking district with the eastern side of the city, and it is served by the public transport routes that run through the area.

For buyers, the appeal here is practical rather than aspirational: entry prices are lower than in the coastal districts, and steady demand comes from families and workers who want to live close to employment across the city. Most opportunities involve houses, small apartment buildings or commercial ground-floor space, and they suit investors with a long-term view of a consolidated neighbourhood.

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Frequently asked questions

What kind of operation suits a 1,900 m² space like this one?

The continuous 1,900 m² floor area, together with the storage room and the 10 parking spaces, works for operations that combine customer-facing space with storage or back office functions. The business office area lets you keep administration inside the same premises rather than leasing a separate space. The 4 bathrooms make it straightforward to separate staff and visitor use. If your operation needs specific fit-out work, we can arrange a technical visit with the owner.

What does the $7,000 rent include and what is paid separately?

The property listing includes water and electricity among its features, and air conditioning is already installed. How services, the security deposit and any additional charges are allocated is defined in the lease agreement itself. DG Group Real Estate provides that breakdown in writing before you sign.

How do access and parking work for clients and suppliers?

The space has 10 parking spaces plus visitor parking, so you are not relying on the street to receive clients. Access is paved, which matters if you handle freight or frequent deliveries. There is also public transport nearby, a factor when part of your staff does not commute by car. Clearance dimensions for trucks are worth verifying on site during the viewing.

Can a foreigner buy property in Panama?

Yes. Panamanian law grants foreigners the same ownership rights as nationals, with no residency requirement and no local partner. Specific restrictions apply to land near the borders. We guide you through every step of the process.

What costs should I expect beyond the price?

In addition to the purchase price, you should budget for transfer tax, notary fees, registration with the Public Registry, and legal fees. We provide the exact breakdown for this property before you sign the purchase promise.

Your advisor

DG Group Real Estate — licensed brokers in Panama City. We guide you from the first viewing through to registration with the Public Registry. +507 6528-6434