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Commercial property for sale: 195 m² in Batumi, Colorit Palace – $600,000

David Kldiashvili St, 11
$‍‍600,000
$‍3,077 per m2
commission-free
$
Shop
property type
property type
195 m2
total area
area
1 floor
out of 8
out of 8
Facade property
Facade
Yes
Listed
Listed
Today, 06:10
Updated
Updated
Today, 06:10

Description

Commercial property for sale – a ready-made investment asset with income from day one 📍 Kldiashvili, 11 – one of the most prime locations in Old Batumi. Just minutes away from May 26 Park, Batumi Boulevard, Nurigeli Lake, the sea, Rustaveli Avenue, and all essential city infrastructure. This area combines high foot traffic with a prestigious residential environment. The commercial space is already leased to a supermarket chain for 10 years. 💰 Guaranteed rental income – $36,000 per year. 🏢 Elite club-style house 📈 Long-term tenant – minimal hassle and predictable cash flow. 📐 195 m2 💵 $600,000 A property that requires no tenant search and starts generating income immediately.
Property ID: 853239
Михаил
Михаил
Agent
Agent
Speaks: ქართული

Building and location

David Kldiashvili St, 11
Batumi, Rustaveli District, Colorit Palace
8 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 $‍510,000 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
44 317
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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