7 photos

Commercial property for sale: 764 m² in Batumi, Airport Highway – $900,000

Airport Highway
$‍‍900,000
$‍1,178 per m2
commission-free
$
Cafe
property type
property type
764 m2
total area
area
1 floor
out of 2
out of 2
Ceiling height
Ceiling height
3 m
Facade property
Facade
Yes
Listed
Listed
Yesterday, 15:35
Updated
Updated
Yesterday, 15:35

Description from the seller

Restaurant for sale near the airport • Total land area: approx. 1,000 sqm • Registered land area: 764 sqm • Indoor area: approx. 300 sqm • Outdoor area: approx. 400 sqm • Capacity: approx. 250 person • Selling price: $1,300,000. Reduced to $[phone hidden] Details: • Restaurant requires around $30,000–$40,000 to complete minor remaining items and become fully operational • Fully equipped with ventilation and cooling systems • Comes with all necessary equipment • Includes a fully equipped grill section • Includes a complete bakery/pastry section • Includes a sandwich preparation section • Includes a full kitchen with all cooking equipment Investment Options: 1. Partnership: • Looking for a 50% partner for 4 years • Investment: $300,000 • Full capital is returned after 4 years 2. Rental Option: • Lease for 4 years at $3,000/month including all equipment • If the tenant prefers to operate independently (no partner), they pay $450,000 upfront • After 4 years, $306,000 is returned • Total rent deducted: $144,000 for 4 years For any additional details, feel free to contact me
Speaks: english, русский, українська

Building and location

Batumi, Airport District
, Airport Highway

Contact seller

Larry Strawson
Larry Strawson
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 $‍765,000 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
67 185
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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