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Commercial property for sale: 240 m² in Batumi, Black Sea Towers – $648,000

Zhiuli Shartava Ave, 16 (Block A)
$‍‍648,000
$‍2,700 per m2
commission-free
₾
$
Cafe
property type
property type
240 m2
total area
area
1 floor
out of 40
out of 40
Listed
Listed
19 hours ago
Updated
Updated
19 hours ago

Description

Operational restaurant for sale with active tenant | Batumi Turnkey property at the price of a black frame — no additional investment needed for equipment or business launch 💰 Price: $648,000 + VAT 📐 Price per m²: $2,700 + VAT 📐 Area: 240 m² 🌊 Distance to the sea: 500 meters 🚶 Location: busy street with high pedestrian and vehicle traffic 🍽 Capacity: up to 80 guests simultaneously 📈 Ready-made rental business ✅ Active tenant ✅ Lease agreement signed for 3 years ✅ Monthly rent — 4,000 GEL ✅ Annual rental income — 48,000 GEL ✅ Upon contract expiration, the owner can renegotiate lease terms and set a new rate with the current tenant or sign a contract with a new one 🍽 Restaurant is fully ready for operation • professional kitchen with all equipment • private equipped bakery for bread production • restaurant furniture, tableware, and all necessary inventory • household appliances • three-phase power supply • professional exhaust system with a chimney to the roof • video surveillance system and internet • outdoor seating area with umbrellas • grill for open-fire cooking 🤝 Excellent offer for investors looking to acquire commercial real estate with existing rental income. 📩 For more information and to arrange a viewing, please message us
Property ID: 1010584ID specified by the author: 601703
Margo Zamiralova
Margo Zamiralova
Agent
Agent
Speaks: ქართული

Building and location

Zhiuli Shartava Ave, 16
Batumi, Bagrationi District, Black Sea Towers, Block A
40 floors
Completed in 2024
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 $‍550,800 from the bank
years
months
Mortgage from TBC Bank
from
7,4
%
interest
rate
from
8,3
%
effective interest
rate
≈ $
47 761
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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