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Commercial property for sale: 808.3 m² in Batumi, Nodar Dumbadze St, 12 – $670,000

Nodar Dumbadze St, 12
$‍‍670,000
$‍829 per m2
commission-free
$
808.3 m2
total area
area
1 floor
out of 3
out of 3
Ceiling height
Ceiling height
3 m
Project
Project
Developer
Developer
Listed
Listed
Yesterday, 05:48
Updated
Updated
Yesterday, 05:48

Description from the seller

A large-format two-level commercial space within a premium neoclassical building on a central street, delivered in shell-and-core condition and ready for a bespoke fit-out. The main floor is a column-grid open plan of 685 sqm with high ceilings, a separate entrance, and panoramic street-facing windows; a mezzanine level of 123.3 sqm adds a second tier suitable for management offices, private zones, or ancillary functions. The building itself presents a refined limestone facade with arched windows and ornamental wrought-iron balconies – a context that elevates the commercial address and supports premium tenant positioning. Investment Potential A shell-and-core space of this scale in a premium neoclassical building on a high-footfall central street offers a rare opportunity to configure a flagship commercial asset from scratch – as a medical centre, fitness facility, showroom, or multi-tenant office floor accommodating 5–8 independent units. The combination of column-free flexibility, mezzanine, separate entrance, and building-level amenities including underground parking and security supports both owner-occupier and income-generating investment strategies. Georgia's rental income tax is 5%, and capital gains tax is 5%. Infrastructure • open-plan column-grid main floor • mezzanine level with separate zones • high ceilings • separate entrance • panoramic street-facing windows • underground parking in building • 24/7 security • premium building common areas and lobby Specifications • condition: shell and core • layout: open plan with mezzanine • entrance: separate • glazing: panoramic, street-facing • parking: underground, in building • security: 24/7 • suitable for: office, clinic, showroom, fitness, multi-tenant
Speaks: русский, english, ქართული

Building location

Batumi, Old City
, Nodar Dumbadze St, 12

Contact seller

Георгий Дондоладзе
Георгий Дондоладзе
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 $‍569,500 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
50 015
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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