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Commercial property for sale: 38 m² in Batumi, Mikhail Lermontov Street, 21 – $140,000

Mikhail Lermontov Street, 21
$‍‍140,000
$‍3,684 per m2
commission-free
$
38 m2
total area
area
1 floor
out of 18
out of 18
Listed
Listed
7 October 2025
Updated
Updated
Yesterday, 08:59

Description from the seller

💼 Commercial space 📍 st. Mikhail Lermontov, 21 #коммерческоепомещение #продажа #продается #инвестиции #инвестор #батуми #москва #самара #россия #новосибирск #санктпетербург #зарубежнаянедвижимость #недвижимость #израиль #киев #минск #украина #беларусь #польша #варшава ✨ Investment offer in the center of Batumi ✨ Commercial space for sale at ul. Lermontova, 21 (near ul. Gorgiladze) is a prestigious area with active pedestrian and car traffic. The approximately 38 m² space consists of two levels: ground floor (shop) and basement (warehouse), which is ideal for a retail outlet or service with its own warehouse. At the moment, the facility has been handed over to reliable tenants — an existing WILDBERRIES online store and a pick-up point that is successfully operating in the area. The lease agreement was concluded until May 17, 2026 with a high probability of extending and increasing the price. The rental rate is 2,100 lari per month (includes a monthly insurance premium of GEL 300). The owner's annual net income is 25,200 lari, which, at a sales price of $150,000, provides a yield of about 6.2% per annum. 💼 The advantages of the facility: • Central location — next to the street. Gorgiladze, shops, hotels and residential buildings. • Ready-made rental business — brings a stable income from day one. • Renters with a good reputation and a long-term contract. • Minimal risks and easy management — without the need to search for residents or service. 📍 Urgent sale. There are no similar offers nearby. 🔸 1+1 🔸 38 m² 🔸 1/18 floor

Building location

Batumi, Rustaveli District
, Mikhail Lermontov Street, 21

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 $‍119,000 from the bank
years
months
Mortgage from TBC Bank
from
9,9
%
interest
rate
from
11,93
%
effective interest
rate
≈ $
10 456
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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