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Commercial property for sale: 60 m² in Batumi, Petre Melikishvili St, 10 – $150,000

Petre Melikishvili St, 10
$‍‍150,000
$‍2,500 per m2
commission-free
₾
$
60 m2
total area
area
1 floor
out of 5
out of 5
Listed
Listed
18 days ago
Updated
Updated
4 days ago

Description

🏢 Commercial premises 60 m² on Melikishvili St (Central Batumi) High investment potential. Looking for a liquid property in the city center for your own business or a rental project? A two-story commercial space for sale on the first line of Melikishvili St — in the very heart of Batumi. This is a busy area with dense buildings and constant foot traffic, which guarantees stable demand for the location. 💰 Price: $150 000 📈 Price per m²: $2 500 🚀 ROI after renovation: the property is ideal for passive income. The projected rental rate after finishing is between $1 200 and $1 500 per month (over 10% annual yield!). 📍 Key features: • Total area: 60 sq. m • Format: 2 floors with a stable internal staircase • Layout: 1st floor (approx. 30 sq. m): 1 spacious bright room (perfect for reception, retail area, showroom, or client zone). 2nd floor: 2 isolated rooms (suitable for private offices, staff, or back-office). • Entrance: separate private entrance directly from Melikishvili Street • Utilities: gas is connected to the premises. There is currently no heating, allowing you to install a warm and economical system tailored to your needs • Condition: requires renovation. You don't overpay for someone else's demolition and can implement any design project to your liking 🎯 Promising directions for launch or rental: • modern office, company representative office, or IT hub • small beauty salon / beauty co-working / cosmetology 💼 Advantages for the investor: • Central Batumi — a scarce zone for commercial real estate with direct street access • Buying a property for renovation at $2 500/m² is an excellent opportunity to capitalize on real estate and launch a high-income business on the first line 📞 We can organize a viewing at a convenient time for you. Call to secure this offer and discuss the deal details!
Property ID: 904569
Maryna Zubchenko
Maryna Zubchenko
Agent
Agent
Speaks: русский, english, українська

Building and location

Petre Melikishvili St, 10
Batumi, Rustaveli 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 $‍127,500 from the bank
years
months
Mortgage from TBC Bank
from
7,4
%
interest
rate
from
8,3
%
effective interest
rate
≈ $
11 056
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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