Commercial property for sale: 740 m² in Tbilisi, Richard Holbrooke St, 1a – $1,400,000

💎🏨 Exclusive hotel investment opportunity in Isani – Tbilisi 🏨💎 ✨ 20-room hotel building for sale ✨ 📍 Location: Isani, Tbilisi, Georgia 🏡 Property details 🔹 Land area: 980 m² 🔹 Total building area: 740 m² 🔹 Building: 4 floors 🔹 Total rooms: 20 🔹 Private bathrooms: every room has its own bathroom 🔹 Family suites available 🔹 12 CCTV security cameras installed 🔹 Television network infrastructure available 💰 Excellent investment potential 🏨 Currently operating as a dormitory, with the potential to operate as a hotel. 💵 Current monthly rental income: $5,000 💵 Estimated monthly net income after taxes: $4,750 📈 Expansion opportunity ✨ Possibility of obtaining permission to construct 2 additional floors. ✨ The property was built before 2017 and is subject to the previous construction regulations. ✨ Two floors are already officially registered, with the possibility of completing the registration of the remaining floors. 📑 Additional information 🔹 Approximately 50 m² of additional space in front of the building, separately indicated on the property plan. A separate ownership document can potentially be obtained. 🔹 Existing hotel furniture, inventory, and equipment are included in the building and can be reused. 🔹 The exact bed capacity can be confirmed, as the property currently operates as a dormitory. 🔹 The building has different ground levels: the street-facing level is classified as the 1st floor, while the opposite side is classified as the -1 level. 🚀 Why invest in this property? ✅ 20 existing rooms ✅ Private bathrooms in every room ✅ Existing rental income ✅ Large 980 m² land plot ✅ Potential for 2 additional floors ✅ Existing hotel equipment and infrastructure ✅ Excellent opportunity for hotel, hostel, or hospitality business development. 💎 A promising investment opportunity in Tbilisi! 📩 For further information, additional photos, and viewing arrangements, please contact us.