Commercial property for sale: 195 m² in Batumi, Colorit Palace – $550,000

Davit Kldiashvili St, 11
$‍‍550,000
$‍2,821 per m2
commission-free
$
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property type
property type
195 m2
total area
area
1 floor
out of 8
out of 8
Ceiling height
Ceiling height
4 m
Facade property
Facade
Yes
Project
Project
Developer
Developer
Year of construction
Year of construction
2024
Listed
Listed
4 თებერვალის 2025
Updated
Updated
5 თებერვალის 2026

Description from the seller

Commercial space for sale (rented out for $3,000/month for 10 years). ❗ 11, Kldiashvili St (near Sheraton Hotel and Central Park) ✅ Commercial space 195 sq. m (can be divided into parts) ✔ First floor. Main entrance from the street! Showcase windows! • renovated for a grocery store (chain supermarket) ✔ Ceiling height is 4 meters ✔ Electricity 220/380 V. Power capacity 60 kW ✔️ Building with gas! ✔ Panoramic windows facing Kldiashvili Street • entrances from the main street and from the courtyard ✔ Parking spaces available in the yard • ventilation system for a bakery installed (35 meters high — fully permitted by City Hall) Currently leased long-term to a chain supermarket! The property is for sale under the condition of extending the lease agreement for a term of 10+ years. A stable source of income!! 💰 $2,800 per sq. m 🔥 🔥 Price includes VAT We cooperate with real estate agents.

Building location

Batumi, Rustaveli District, Colorit Palace
, Davit Kldiashvili St, 11

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 $‍467,500 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
41 057
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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