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Commercial property for sale: 101 m² in Batumi, Petre Bagrationi St, 133 – $270,000

Petre Bagrationi St, 133
$‍‍270,000
$‍2,673 per m2
$
101 m2
total area
area
2 floor
out of 10
out of 10
Listed
Listed
Today, 09:56
Updated
Updated
Today, 09:56

Description

🔥 Commercial property with a tenant in place and an annual yield of around 9% A fully operational commercial property is offered for sale in a premium residential building located in the Bagrationi Street area. The property is situated on the 2nd floor and already generates stable rental income. The premises are currently occupied by a beauty salon. A 3-year lease agreement has been signed with the tenant, with an option to extend, making this property an excellent opportunity to acquire a ready-made rental business. ━━━━━━━━━━━━━━ 📐 Area: approximately 101 m² 🏢 Floor: 2 💰 Special offer price: $270,000 📉 Previous price: $330,000 💵 Monthly rent: $2,000 📈 Gross annual yield: approximately 8.9% 📄 Lease agreement: 3 years with an option to extend ━━━━━━━━━━━━━━ ✨ Well-planned layout The property has been designed and equipped for use as a beauty salon. According to the floor plan, it includes: • a spacious shared working area of more than 52 m² • a reception and client waiting area • two separate cosmetology treatment rooms • a massage room • a room designated for a solarium • a staff room • utility and technical areas A separate heating radiator layout plan has also been prepared. The layout allows the premises to be conveniently divided into treatment rooms, a client area, and staff facilities. Although the property is currently configured as a beauty salon, it can be adapted for use as a cosmetology or medical clinic, office, training center, showroom, or another type of commercial activity. 📈 Investment potential At a purchase price of $270,000 and a monthly rent of $2,000, the annual rental income amounts to $24,000. The property offers a gross annual yield of approximately 8.9%, excluding taxes and operating expenses. The buyer receives a property with a completed layout, an operating tenant business, and a long-term lease agreement, allowing rental income to be generated immediately after purchase. 📍 Location: Bagrationi Street area, Batumi.
Property ID: 801237

Building and location

Petre Bagrationi St, 133
Batumi, Javakhishvili District
All listings for sale

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 $‍229,500 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
19 943
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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