For sale a free-use room of 36.5 sq.m. M. In the center of Old Tbilisi (Sololaki). Basement floor, the apartment has an additional room. Housing fund, with the possibility of conversion commercially.
The space is for rent.
Rent per month: 370$ (long term rent). Rental income in the first year: $4.440 (annual rental profitability 8%).
Has: bar counter, large work area, bar stools, two tables, shelves, dishes, air conditioning, heater, ventilation, internet, two bathrooms, separate entrance.
Overhaul:
June 2022
Cosmetic renovation to open new facility: May 2025
It is suitable for bar, cafe, shop, office or other activities. It is possible to live in the area.
Business History:
2018-2020 - apartment daily (occupancy 27 days per month)
2020-2022 - Apartment for long-term rent
2022-2024 - Bar & Art Space
2024-2025 - Beer Bar
Property Price: 55.499$
In the center of the old town, the area is located in a lane.