Building for rent in Casco Viejo, Panama City

45-Casa LolaFor Lease – Casa Lola | Prime Hospitality Investment in Casco Viejo, Panama City
Investment Opportunity
A rare opportunity to lease afully restored historic hospitality propertyat the entrance ofCasco Viejo, the most iconic and visited district ofPanama City.
Strategically positioned in theSan Felipe quarter, Casa Lola benefits from exceptional pedestrian traffic, proximity to luxury boutique hotels, restaurants, rooftop bars, and cultural landmarks. The property offers an ideal platform forinternational hotel operators, restaurant groups, lifestyle brands, or private hospitality conceptsseeking a flagship presence in Panama’s premier tourism destination.
Property Overview
Casa Lolais a4.5-level historic buildingthat has been recently restored and structurally upgraded to accommodate modern hospitality operations while preserving the architectural character of the historic district.
The property offers the flexibility to operate as aboutique hotel, members’ club, lifestyle hospitality concept, or mixed-use restaurant and hotel project.
General Specifications
Total Construction Area:1,252 m² (approx. 13,476 sq ft)
Lot Size:352 m² (approx. 3,789 sq ft)
Levels:4.5 floors including rooftop terraces
Use:Hospitality / Commercial / Mixed-use
Condition:Fully restored with modern infrastructure
Occupancy Permit:Submitted
The building has been upgraded with:
Main elevator and service elevator
New staircases and structural improvements
Central air-conditioning infrastructure
Fire sprinkler system
Gas installations for commercial kitchens
Backup power generation plant
These upgrades significantly reduce the time and capital required for a hospitality operator to bring the project into operation.
Interior Program & Layout
Street Level – Level 000
Designed to activate the pedestrian flow of Casco Viejo.
Restaurant space with potentialoutdoor seating on pedestrian plaza
Professional commercial kitchen
Private dining salon
Storage areas andwine storage
Two public bathrooms
Service elevator
Level 100
11 guest rooms or office suites
Each withprivate full bathroom
Level 200
11 additional guest rooms
Each withprivate bathroom
Potentialloft / attic-style room configuration
Level 250
Second restaurant or lounge concept
Bar and kitchen infrastructure
Rooftop Experience
One of the most valuable assets of the property.
Two rooftop terraces
Bar area
Four public bathrooms
360° panoramic viewsof the Pacific Ocean, the Casco Viejo skyline, and modern Panama City
The rooftop level offers strong potential for asignature rooftop bar or event venue, a key driver of revenue in the Casco hospitality market.
Strategic Location
Located at the entrance ofCasco Viejo, the property benefits from immediate access to the district’s main pedestrian corridors and cultural attractions.
Casco Viejo is aHistoric District of Panama City, recognized internationally for its architecture, tourism appeal, and vibrant hospitality scene. The area attractstourists, international investors, cruise passengers, and local residents, making it the epicenter of Panama City's boutique hotel and restaurant market.
Ideal Uses
Casa Lola is ideally suited for:
Boutique hotel operator
Luxury lifestyle hospitality brand
Private members club
Restaurant group with rooftop concept
Mixed-use hospitality development
The scale, layout, and infrastructure allow formultiple revenue streamsincluding accommodation, food & beverage, events, and rooftop nightlife.
Leasing Opportunity
This is arare large-scale hospitality asset available for lease in Casco Viejo, offering operators the ability to establish a distinctive destination in Panama’s most visited historic district.
Further information, financial terms, and private tours available upon request.