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Commercial property for sale: 287 m² in Batumi, Vakhtang Gorgasali St, 58 – $550,000

Vakhtang Gorgasali St, 58
$‍‍550,000
$‍1,916 per m2
commission-free
$
287 m2
total area
area
1 floor
out of 7
out of 7
Ceiling height
Ceiling height
3 m
Additional
Additional
Terrace 22 m2
Listed
Listed
1 апреля 2026
Updated
Updated
1 апреля 2026

Description from the seller

A two-level commercial space in the heart of the Old City, currently operating as a coworking centre across 287 sqm with a quality fit-out throughout. The ground floor reception zone features a coffee bar with a green textured accent wall, gold pendant lighting, live plants, and a full-height street-facing glazed facade. The upper open-plan level accommodates a conference zone with a backlit honey onyx table, dedicated workstations, glass-partitioned meeting rooms, and sound-insulated private booths. All infrastructure is connected and operational. Investment Potential A fully fitted two-level commercial space on a high-footfall pedestrian street in the Old City offers immediate income potential across multiple use cases — coworking, medical centre, beauty salon, showroom, or retail — without requiring additional capital expenditure on fit-out. The combination of central location, street-level visibility through a full-height glazed facade, and flexible floor plate across two levels makes this asset well-positioned for owner-occupiers and investors seeking commercial yield. Georgia's rental income tax is 5%, and capital gains tax is 5%. Infrastructure: • two-level layout with internal staircase • full-height glazed street facade • reception desk and coffee bar zone • backlit honey onyx conference table • glass-partitioned meeting rooms • sound-insulated private booths (4 units visible) • open-plan workstation zones with desk dividers • personal lockers • track and recessed lighting throughout • air conditioning • all utilities connected • terrace 22 sqm (level 1) • furniture included (negotiable) Specifications: • condition: fully fitted, operational • glazing: full-height street facade • AC: yes • utilities: fully connected • current use: coworking • suitable for: office, coworking, medical centre, beauty salon, showroom, retail
Speaks: ქართული, русский, english

Building location

Batumi, Downtown
, Vakhtang Gorgasali St, 58

Contact seller

George Polyakov
George Polyakov
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 $‍467,500 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
41 057
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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