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Commercial Property for Sale in David, Panama Across from Red Gray | 1,671 sqm Lot

David, David & Nearby, Chiriqui

This commercial property sits directly across from Red Gray in David, Chiriquí, a location that most locals immediately recognize. If you’re looking at commercial real estate in David, visibility and accessibility matter. This address delivers both.

In addition, the property is located approximately 4 minutes from Enrique Malek International Airport, adding another layer of strategic value for businesses that depend on regional connectivity, travel, logistics, or visiting clients.

The property includes a 1,671.48 square meter lot with approximately 618 square meters of existing construction, giving you a meaningful footprint in one of the city’s established commercial areas. Electricity and water are already connected, so you’re not starting from scratch.


The Building & Layout

With approximately 618 sqm under roof, the structure provides substantial interior space that can support a range of commercial uses. This is not a small storefront, it’s a property with enough scale to accommodate retail, office space, medical services, showroom operations, or a reconfiguration to match your business model.

The lot size is equally important. At over 1,600 sqm, it allows room for parking, access flow, expansion, or outdoor use depending on the project. In many central areas of David, lot size becomes the limiting factor.

Why David?

David is the commercial backbone of Chiriquí and Panama’s third largest city. It functions very differently from Panama City. Instead of high-rise density, David has grown through commercial corridors, service centers, standalone buildings, and expanding retail infrastructure.

The city offers:

  • An international airport

  • Major shopping centers, including Federal Mall

  • Universities and strong healthcare facilities

  • A growing hospitality and restaurant sector

  • Proximity to Boquete, Volcán, and the Costa Rica border

For investors and business owners, David represents scale without the congestion of the capital. It supports agriculture, logistics, education, retail, and healthcare, all of which drive steady commercial activity.

Frequently Asked Questions

Where is this commercial property located?

The property is located in David, Chiriquí, directly across from Red Gray, a well-known and established commercial reference point in the city. It is also approximately 4 minutes from Enrique Malek International Airport. Its position offers strong street visibility, quick airport access, and easy connectivity, all essential for commercial operations.


How large is the lot?

The lot measures 1,671.48 square meters, which is considered substantial for a centrally located commercial property in David. The size allows flexibility for parking, expansion, circulation, or future redevelopment.


How much construction does the property have?

The existing construction is approximately 618 square meters under roof. This provides meaningful interior space suitable for a variety of commercial uses.


What types of businesses could operate here?

Given the location, lot size, and building footprint, the property could accommodate retail operations, office space, medical or professional services, showroom concepts, or other commercial ventures. The scale allows for adaptation depending on the business model.


Are utilities already connected?

Yes. The property has electricity and water connections in place, which simplifies planning and reduces initial setup requirements.


Is David a good city for commercial investment?

David is the third largest city in Panama and the commercial hub of Chiriquí Province. It benefits from:

  • An international airport

  • Major retail centers, including Federal Mall

  • Universities and quality healthcare facilities

  • Active agricultural, logistics, and trade sectors

  • Proximity to Boquete, Volcán, and the Costa Rica border

Unlike Panama City, David offers commercial scale with lower congestion and often lower operating costs, making it attractive for business owners and investors looking for long-term positioning in western Panama.


What makes this property stand out compared to others in David?

The combination of recognizable location, strong visibility, over 1,600 sqm of land, and 618 sqm of existing construction is not common in established commercial corridors. Many available properties in central areas either lack land depth or meaningful building size. This property offers both.

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