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Commercial property for sale: 500 m² in Batumi, Iakob Gogebashvili St, 2 – $1,800,000

Iakob Gogebashvili St, 2
$‍‍1,800,000
$‍3,600 per m2
commission-free
$
500 m2
total area
area
1 floor
out of 2
out of 2
Listed
Listed
22 February 2026
Updated
Updated
4 April 2026

Description from the seller

Commercial space for sale 📍 Batumi, 2 Gogebashvili Street – in the city's prime high-traffic tourist area ▪️ 200 m² ▪️ -1 and 1st floors ▪️ 2 bathrooms ▪️ operating restaurant The property is currently leased for $3,000 per month with an agreement valid until the end of 2027. Early termination can be negotiated with the tenants if required. There is an opportunity to utilize outdoor space for a terrace of up to 400 m². An approved project for a two-level terrace is available with a 30-year usage right. Total development potential: approximately 600 m². The space has undergone a complete reconstruction. All communications have been fully upgraded (ventilation/exhaust system, electrical wiring, cables, and switches), new walls have been built, and the entire interior has been fully refurbished. 💰 Price: $1,800,000
Speaks: ქართული, русский, english

Building location

Batumi, Old City
, Iakob Gogebashvili St, 2

Contact seller

Irakli Dzirkvadze
Irakli Dzirkvadze
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 $‍1,530,000 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
134 369
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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