Commercial property for sale: 3,054 m² in Batumi, Memed Abashidze Street, 12 – $7,000,000

For sale: one of the oldest yet most popular hotels in Batumi – a ready-to-operate business and excellent investment opportunity. This prestigious 5-storey hotel is located in the very heart of Batumi’s Old Town, seamlessly blending with the historic architecture of the district. 📐 Total building area: 3054 sq.m 📍 Land area: 998 sq.m 🚗 Parking: for 10 vehicles Hotel features: 50 guest rooms with balconies, workspaces, private bathrooms, air conditioning Café-bar and restaurant Billiard room Conference hall Laundry facilities Sauna with pool and jacuzzi Elevator All areas are operational, with the option to renovate furniture and equipment if desired. 🏝 Only 500 meters from the public beach. Within walking distance: Europe Square, Alphabet Tower, Piazza, Medea Statue, Batumi Mosque, Cathedral, Argo cable car, and more. 🏥 Nearby: medical centers, Black Sea Mall, cafés, restaurants, Old Boulevard, and Dinamo Stadium. A rare opportunity to acquire a hotel with history, character, and prime location — perfect for generating long-term income.