Gamboa house for sale by Panama Canal, and business opportunity

Gamboa house for sale by Panama Canal, and business opportunity

House for sale in Gamboa , by the Panama Canal. This house is easily divided into four apartments or can be 2 duplexes, or even expanded into 6 apartments. And there is room for further apartments down on an unfinished ground floor. A fantastic investment property! 

OR You may purchase one apartment for $125,000. This price is negotiable.

Appraisal from 2013 was for $285,000.00. Property values have generally increased in Panama.

Land area is 676.01 m2

Gamboa house for sale by Panama Canal, and business opportunity

Spanish Panama Spanish school Director selling property in Gamboa.

On Boulevard Morrow by Kent’s Marsh in Gamboa. Between Smithsonian Tropical Research Intitute’s modern facilities and Panama’s Gamboa Hotel. 

Building construction area is massive as it was originally used as 4 one-bedroom apartments for workers and supervisors on the Panama Canal. Tropical forest views from each of 36 big French windows are spectacular. 

For sale 4 unit building with ground floor used as 4 parking spaces that may possibly be converted as an addition to the building. (more apartments or commercially)

Gamboa house for sale by Panama Canal, and business opportunity

Location: Tranquil community living away from the hustle and bustle of the city
Strategic location between Colon and Panama City. This building is only 50 yards from the Insectarium and Amphibian sections of the Smithsonian Tropical Research Institute’s new modern facilities and 350 yards from Gamboa Rainforest Resort Hotel.

This area known for tropical beauty as well as tropical research by visiting scientists of the rich variety and species of birds, plants, animals that make the area around Gamboa, and Gamboa itself, their home . 

Great potential to use building or expand it and develop it as a hostel or B&B with Eco-tours. Indigenous village is just minutes away by kayak.

….or it can be your retirees dream home…or you can live here and open a business here…or you can live here and rent the other 2 or 3 apartments. 

Gamboa is unique as most of the town’s construction (and this building) was built by the Americans with US virgin lumber. Gamboa was the center of the dredging division of the Panama Canal.

Gamboa house for sale by Panama Canal, and business opportunity

 It is unique today as a historical town. As it is beside the Panama Canal it benefits as being protected from being over-developed in order to protect the water supple to the Canal. This will keep it preserved as a beautiful rainforest into the future.  
The international airport of Tocumen (PTY) is 50 miles away.
The local airport (Marcos Gelabert) is in Albrook and 15 miles away. Flights go all over Panama and beyond

The train along the Canal and through the town of Gamboa, only 2-3 blocks from our house.

The bus stops across the street (20 yards) and there is regular bus service to the city of Knowledge and to Albrook Mall (biggest mall in Central America) and the national bus terminal of Albrook in just 50 minutes 
The National Park of Soberania is just across the street (Kent’s March) and surrounds the town site.
There are several churches. 
There are many grassy areas for various sports: Frisbee, Soccer, Baseball, Soft Ball, playgrounds for Children, and lunch trucks. 
And the Panama Canal is just 3 blocks away.

WiFi and Cable is accessible in Gamboa.
Public Boat Launching Ramp, Freshwater Fishing, Water Sports is just half a mile away.
The Botanical Garden and Zoo in Summit Gardens is a 4 mile beautiful drive from there.
The Golf Course at Summit (18 hole Golf Course and Raddison Hotel) is just 6 miles.

The world-famous Pipeline Road (Oleducto) is known for its global record of varieties of birds in a single spot check. There is Birding , Hiking, Biking & General Wildlife/Ecological Destination including Discovery Center with Rainforest Canopy Observation Tower and Network of Trails. 

There is a new international school right in Gamboa which is well known amongst the international and visiting scientists’ families from the US who put their children there. There are also the following international schools: Metropolitan International School and Balboa Academy and they are 12 miles away in the City of Knowledge (Ciudad de Saber).  
On Smithsonian Barro Colorado Island (dock from Gamboa) the thriving Scientific Community…lectures on Thursday nights include ferry up the Canal’s scenic forested channel and dinner.
Swimming hole and Waterfall (El Charco) with covered picnic area and trails just  4 miles away
The beaches of Coronado, Caribbean and Pacific Shore are about 2 hours away by car. 

Property Type: Renovated in 2005 – multifamily, converted 4-plex. Natural light, fabulous views of rainforest.
Move-in ready.The downstairs currectly has 4 storage rooms.
Parking for 4 vehicles and kayak storage.
House not only has potential for expanding available space, but also offers potential to enclose the ground floor and convert the property into a 6-Plex (or 8?), and even set up a grocery store or arts and crafts shop or yoga studio or café or what ever your imagination allows just down below.

 

Panama City is slowing expanding out towards Gamboa and there is a new modern bridge being built to better connect Gamboa also making this a great investment.