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Commercial property for sale: 585 m² in Batumi, Alexander Pushkin St – $600,000

Alexander Pushkin St
$‍‍600,000
$‍1,026 per m2
commission-free
$
Hotel
property type
property type
585 m2
total area
area
4 floor
out of 4
out of 4
Listed
Listed
30 April 2025
Updated
Updated
29 January 2026

Description from the seller

📍 Pushkina St. • 585 m2 On the first floor, there is a bar/restaurant for 50 people, including a kitchen and utility rooms. The second floor features 4 hostel-type rooms (3 quadruple and 1 six-bed) for 18 people and 1 double hotel room. The third floor includes 6 hotel rooms (2 doubles, 3 triples, 1 quadruple) for 17 people. The total capacity is designed for 37 guests. The 4th floor is currently an agricultural area; with renovation, it is possible to accommodate an additional 6 rooms. The property is currently rented out for $33,000 per year. 🟩 $600,000

Building location

Batumi, Bagrationi District
, Alexander Pushkin St

Contact seller

Надежда Гринталь
Надежда Гринталь
Agent
Agent

Mortgage for buying real estate

Please note that all calculations provided are approximate. For the final figures, we recommend consulting with both the bank and the seller
GEL
USD
You borrow $‍510,000 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
44 790
monthly payment, a life/property insurance fee is added to the monthly
payment
The provided Nominal and Effect Interest Rates represent the minimum credit facility amount. The actual values will be specified at the time of credit approval. The interest rate given in the table is linked to the public index — Term SOFR.
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