Unique Property with Endless Possibilities in Panama! Formerly known as Our Lady of the Snows Church, this distinctive property offers approximately 5,300 square feet of space on a half-acre lot, presenting an exciting opportunity for investors, entrepreneurs, or anyone looking to create something truly special. Featuring both a main level and a lower level, an elevator for convenient access between floors, kitchen area and three half-baths, this property offers flexibility and space to bring your vision to life. Envision a community center, event venue, business location, office space, home or explore countless other possibilities. Opportunities like this don't come along every day! Bring your vision, explore the potential, and make this unique property your next investment. Discover the possibilities for yourself!

Panama is located in New York. Panama, New York has a population of 439. Panama is more family-centric than the surrounding county with 25.22% of the households containing married families with children. The county average for households married with children is 24.43%.
The median household income in Panama, New York is $53,125. The median household income for the surrounding county is $50,408 compared to the national median of $69,021. The median age of people living in Panama is 42.5 years.
The average high temperature in July is 79.7 degrees, with an average low temperature in January of 14.7 degrees. The average rainfall is approximately 47.3 inches per year, with 162.6 inches of snow per year.