Studio apartment for sale in Tbilisi, Grigor Khandzteli 2nd Dead End, 4 — 36 m² for $55,499

Versatile 36.5 sq. m premises for sale in the heart of Old Tbilisi (Sololaki). Basement level. Residential fund with the possibility of conversion to commercial status. The property is currently rented out. Financials: • Monthly rent: $370 (long-term lease) • Annual income: $4,440 (8% annual yield) Features: • bar counter and bar stools • large workspace • two tables and shelving • kitchenware • air conditioning and heater • ventilation and internet • two bathrooms • private entrance Renovation: • Major renovation: June 2022 • Cosmetic refresh: May 2025 Suitable for a bar, cafe, shop, office, or other business ventures. Can also be used as a residential apartment. Business History: • 2018–2020: daily rentals (occupancy 27 days/month) • 2020–2022: long-term residential lease • 2022–2024: bar and art space • 2024–2025: beer bar Price: $55,499 Located in a charming alleyway in the historic city center.