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Commercial property for sale: 1,600 m² in Batumi, Ilia Chavchavadze St, 100 – $2,680,000

Ilia Chavchavadze St, 100
$‍‍2,680,000
$‍1,675 per m2
commission-free
$
Hotel
property type
property type
1 600 m2
total area
area
1 floor
out of 14
out of 14
Facade property
Facade
Yes
Additional
Additional
Terrace 240 m2
Listed
Listed
25 ივნისის 2026
Updated
Updated
3 ივლისის 2026

Description from the seller

For Sale Commercial space for sale (new hotel): 2nd, 3rd, and partial 1st floors of a modern building (built in 2019) with a private elevator! 🕹️ Located in the very center of Batumi at the intersection with Chavchavadze Ave. Highest foot traffic in the city, surrounded by banks, shops, pharmacies, and schools. ✅ Total area exceeds 1600 sq. m • option to additionally purchase office space, a restaurant, a supermarket, and parking for 5–8 cars in the same building ✅ The hotel features over 30 rooms, an elevator, reception, conference hall, terrace, server room, utility rooms, laundry, and a diesel generator ✅ All premises come with brand new renovation ✅ Part of the space is leased as offices for 1 year with a renewal option. Annual rent increase of 10–30% ✅ Full air conditioning, ventilation, and heating systems ✅ Owned by a legal entity. All documents are in order. Sale includes VAT ✅ Fully operational business with high ROI. Suitable for a clinic, bank, supermarket, school, boutique, restaurant, hotel, etc. 💰 2,680,000 $ including VAT

Building and location

Batumi, Old City
, Ilia Chavchavadze St, 100

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 $‍2,278,000 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
197 949
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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