Property Details
MLS-23321 |
En Venta |
Edificio |
BARRIO NORTE, COLÓN, COLÓN |
$261,300 |
2000 |
248 m2 |
Property Description
Unique Investment Opportunity in Barrio Norte, Colón! Building for sale, ideal for rental income or commercial development, in one of the most strategic areas of Colón. Located in Barrio Norte, this property offers excellent connectivity, high commercial flow, and great appreciation potential. Property Details: Lot size: 441.72 m² Front Building: Ground floor: 2 commercial units Upper floor: 3 apartments, each with living-dining room, kitchen, laundry area, 1 bedroom, and 1 bathroom Two of the rear apartments feature a balcony Rear Building: Ground floor: 2 apartments Upper floor: 3 apartments Each apartment includes living room, dining room, kitchen, laundry, balcony, 1 bedroom, and 1 bathroom The Location – Why Invest in Barrio Norte: Prime Location: Situated in one of the most commercially active provinces in Panama, Barrio Norte is close to the Colón Free Zone, cargo port, and the Caribbean coast, making it a strategic hub for business and real estate. Growing Infrastructure Development: In recent years, the community has received significant investment, including a new $11.3 million sports and cultural center featuring an Olympic pool, courts, and recreational spaces. This boosts property values and quality of life in the area. High Population Density: With over 20,000 residents within just 1.2 km², demand for housing and commercial spaces remains strong—representing a solid opportunity for real estate developers and rental property investors. Tourism & Commercial Potential: With proximity to the sea and potential for tourism, commercial, or service projects, Barrio Norte presents significant opportunities for visionary i