1/7

Commercial property for sale: 770 m² in Batumi, Memed Abashidze St, 7 – $1,500,000

Memed Abashidze St, 7
$‍‍1,500,000
$‍1,948 per m2
commission-free
$
770 m2
total area
area
Facade property
Facade
Yes
Listed
Listed
13 February 2026
Updated
Updated
13 February 2026

Description from the seller

Exclusive commercial offer A 4-story street-facing building in the historical center of Batumi – a unique investment opportunity with guaranteed ROI. Premium location Old Batumi is the heart of the city's tourist flow and business activity • 60 seconds walk to the Black Sea embankment • facade location on a central street • maximum visibility and foot traffic all year round • views of the Ferris wheel and sea panorama (3rd–4th floors) Technical specifications Total area: 770 m² Floors: 4 levels Current condition: • 1st floor — operating bar with full equipment (transferred to the new owner) • 2nd–4th floors — shell and core for finishing (freedom to implement any concept) • all engineering utilities are connected and ready for operation Investment potential The building offers multiple monetization scenarios: Hotel business — a boutique hotel in the historical center with a guaranteed 90% occupancy during the season Apart-complex — high-yield real estate with premium rental rates (from $50–80/night per room) Medical center — private clinic or dentistry in a prestigious location Educational services — children's development center or language school Retail/office format — bank branch, flagship store, or corporate headquarters Mixed-use format — 1st floor (commercial) + 2nd–4th floors (rentals/hotel)

Building location

Batumi, Old City
, Memed Abashidze St, 7

Contact seller

Denis Guryanov
Denis Guryanov
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 $‍1,275,000 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
111 974
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.
Do you like this property?
Add to favorites so you will not lose it or send a link to someone who helps you with the choice of housing
How can we improve this page?