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Commercial property for sale: 380 m² in Batumi, Vakhtang Gorgasali St, 18/20 – $1,000,000

Vakhtang Gorgasali St, 18/20
$‍‍1,000,000
$‍2,632 per m2
₾
$
380 m2
total area
area
1 floor
out of 3
out of 3
Ceiling height
Ceiling height
4.8 m
Listed
Listed
16 days ago
Updated
Updated
8 days ago

Description

Commercial property for sale – 370 m² in Old Batumi A spacious commercial property with a total area of 380 m² is offered for sale in a modern newly constructed building at Mazniashvili Street, 29, in the historic center of Old Batumi. The property occupies two levels and features high ceilings, a functional layout, and extensive possibilities for commercial use. Its location in one of the city's most sought-after areas makes it an attractive opportunity for both business owners and investors. Property features: Ground floor – 185 m² • ceiling height – 4.8 m • spacious premises offering flexibility for various architectural, layout, and interior design concepts Lower level – 195 m² • ceiling height – 3 m • an elevator is provided for access between the two levels • opportunity to create additional functional areas The property is offered in an unfinished condition, allowing the future owner to develop a customized layout, select an interior design concept, and adapt the space to specific commercial requirements. Potential uses: Thanks to its location, size, and technical characteristics, the property is suitable for: • representative office or corporate headquarters • medical center or aesthetic medicine clinic • premium showroom or flagship retail store • art gallery or exhibition space • educational or training center • other commercial projects Investment potential: An additional advantage of the property is the possibility of dividing the total space into two independent commercial units. Each unit would have an area of 189.5 m²: • ground floor – 92 m² • lower level – 97.5 m² This configuration provides investors with flexibility in property management. The units can accommodate different businesses, be leased independently, or potentially be sold separately in the future. Location: The property is located in the historic district of Old Batumi, an area combining the city's architectural heritage, well-developed commercial infrastructure, and proximity to major tourist and business destinations. Restaurants, cafés, shops, hotels, and other urban amenities are situated nearby. Its central location provides favorable conditions for developing a business serving both local residents and visitors to the city. The indicated price excludes VAT (18%). VAT will be charged additionally. For further information, please contact us. Cooperation with real estate agencies is welcome. Commission arrangements for fellow agents are available on mutually beneficial terms.
Property ID: 955336
Svetlana Orlenko
Svetlana Orlenko
Agent
Agent
Speaks: русский

Building and location

Vakhtang Gorgasali St, 18/20
Batumi, Old City
2026
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 $‍850,000 from the bank
years
months
Mortgage from TBC Bank
from
7,4
%
interest
rate
from
8,3
%
effective interest
rate
≈ $
73 705
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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