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Commercial property for sale: 1,100 m² in Batumi, Petre Bagrationi St, 198 – $800,000

Petre Bagrationi St, 198
$‍‍800,000
$‍727 per m2
commission-free
$
1 100 m2
total area
area
1 floor
out of 4
out of 4
Facade property
Facade
Yes
Listed
Listed
Yesterday, 13:30
Updated
Updated
Yesterday, 13:30

Description

Large commercial property for sale on Bagrationi St, next to Bao The property was originally designed by the owner for a large modern restaurant, featuring expertly planned utility connections, wet zones, kitchen areas, bathrooms, and technical spaces. ✔️ Large kitchen ✔️ Multiple wet points ✔️ Gas connection The space is versatile and not limited to restaurant use. It is ideal for various commercial ventures: a private clinic, medical center, school, training center, office complex, salon, fitness space, banquet hall, event venue, lounge area, or any other large-scale project. Total area of three floors — 852 m² A large attic is included as an additional bonus Total usable area including the attic — approximately 1,100 m² • separate street entrance • additional central entrance • spacious area for a large kitchen • professionally installed wet points • gas supply connected • separate guest restroom • dedicated sanitary zone for staff • separate bathroom/toilet for employees • private office room • large panoramic windows • high ceilings • convenient and functional layout • spacious areas on every floor Renovation is partially complete on the third floor, with tiles laid and rooms prepared for final finishing. An escalator is installed between the first and second floors. The elevator has already been purchased. Upon sale, the owner will personally organize and pay for its installation providing access up to the third floor. Large Attic In addition to the three main floors, there is a spacious attic included in the price. It can be used as extra commercial space, a terrace, a lounge area, or can be enclosed and adapted to suit your project's needs. The owner purchased and equipped the building for their own restaurant project, ensuring all utilities were thoughtfully integrated. The owner has now decided to sell the premises. 1,100 m² 3-story building with attic $ 800,000
Property ID: 907736
Igor
Igor
Agent
Agent
Speaks: english, русский, español

Building and location

Petre Bagrationi St, 198
Batumi, Bagrationi District
2025
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 $‍680,000 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
59 089
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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