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Commercial Property with 4 Rental Units for Sale in David, Chiriquí – IVU Cementerio Area
David, David & Nearby, Chiriqui
$265,000
  • 2,927 SQ. FT

    272 SQ. M

    (House Size)

his property places four independent commercial units in the IVU Cementerio area, next to the Terpel gas station and behind Súper Barú, a point of reference that gives the building clear local visibility and daily movement.

For an investor looking at commercial real estate in David, Chiriquí, this property offers a simple and useful structure: four separate locales, each with approximately 68 square meters of construction, for a total of 272 square meters. Each unit is rented for $300.00 per month plus 7% ITBMS, creating an existing rental format that is easy to understand and manage.

A Multi-Unit Commercial Property in an Active Area of David

The property was designed around four independent commercial spaces, each with its own access from the front of the building. This gives each tenant a clear storefront presence and allows the property to function as a group of separate rental units rather than one large commercial space.

Inside, the units offer open floor areas that can serve different types of small businesses or service-based operations. The spaces include tile floors, ceiling panels, lighting, electrical infrastructure, and bathroom facilities. The roll-up shutters on the front add a practical element for businesses that need to open and close directly to the street.

The layout is one of the property’s main strengths. Instead of depending on a single tenant, the building gives the owner four income-producing spaces, which can help distribute rental activity across multiple businesses.

Location Near Terpel, Súper Barú, and Daily Services

The property is located in the IVU Cementerio area of David, next to the Terpel gas station and behind Súper Barú. This is the type of location that works well for commercial use because people already move through the area for fuel, pharmacy visits, grocery shopping, errands, and neighborhood services.

For buyers comparing commercial properties for sale in David, Panama, this setting offers something very specific: recognizable nearby businesses, direct street presence, and a position within one of Chiriquí’s most important urban centers.

David continues to be the commercial heart of Chiriquí. The city brings together shopping, services, transportation, hospitals, schools, government offices, hotels, and the Enrique Malek International Airport. Its location also connects easily to Boquete, Volcán, the beaches of Chiriquí, and the border with Costa Rica, which keeps David active as both a residential and business center.

About David, Chiriquí

David is Panama’s third-largest city and the main business center of Chiriquí Province. While Panama City has seen much of its growth through high-rise residential development, David’s expansion has focused more on commercial centers, hotels, services, and stand-alone properties.

That difference matters for commercial buyers. David continues to attract residents, businesses, and investors because it offers lower costs than Panama City while still providing access to many of the services people need day to day.

Boquete is about half an hour away with the improved highway, Volcán is just over an hour away, and Costa Rica is within reach by road. This broader regional connection adds to David’s role as a central point for commerce in western Panama.