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Commercial property for sale: 1,500 m² in Tbilisi, Tsolikauri Street, 4 – $4,500,000

Tsolikauri Street, 4
Tbilisi, Krtsanisi District
‍12 182 715 ₾
8 121 ₾ per m2
$
1 500 m2
total area
area
Listed
Listed
21 July 2025
Updated
Updated
21 July 2025

Description from the seller

Exclusive Investment Opportunity – Ortachala, Tbilisi 🏢 Location Highlights Embassy & Government Zone (near Tax Department, Ibis Hotel, etc.) Land: 1,653 m² (+180 m² possible addition) Existing Building: 6 floors / 1,500 m² Expansion Potential: +2,000 m² ✅ Current Income: $2,500/month (from 5 rented garages) 🛠️ Development Vision ✅ Complete construction 🏨 Develop a luxury hotel (50–60 rooms + spa, pool, restaurant) 🧑‍💼 Add business center/offices on lower levels 🚗 Create parking lot + remove retail garages 🌐 Ideal mixed-use complex (hotel + offices + amenities) 💰 Financial Summary 🔹 Total Investment Required: ~$4.5 million USD $1.5M: land + existing building $3M: development, finishing, permits, interiors 🔹 Revenue Potential: Hotel Model: 🏨 Rooms + Spa + Events = $1.2M/year revenue 🧾 Net profit: ~$660,000/year Business Center Model: 📂 Rental (3,500 m² @ $17/m²) = ~$714,000/year 🧾 Net profit: ~$570,000/year 📊 ROI & Payback 💸 Annual ROI: 13–15% ⏳ Payback Period: ~7 years 📈 10-Year Net Profit: ~$8.3M ✅ Best Use Recommendation: 🔀 Combine hotel + office center 💼 Business floors below, hotel + amenities above 🌟 Maximize occupancy + revenue from mixed use Ortachala Investment Project – Profit Summary 💼 Total Required Investment: ~$4.5 Million USD (Includes: land, existing structure, and ~$3M for completion) 💰 Expected Net Annual Profit: ~$600,000 USD 📊 Annual ROI: ~13–14% ⏳ Payback Period: ~7 years 📈 Net Profit Over 10 Years: ~$8.3 Million USD 💡 How Can Investors Participate? 1️⃣ Main Investor (Individual or Group) 💸 Contribution: $4.5M (full project) 🔁 Returns: 13–15% annually 🏢 Ownership: Full property ownership 2️⃣ Equity Partnership 👥 Example: 10 investors × $450,000 📊 Returns: 13–15% annually, proportional to share 📄 Ownership: Percentage based on contribution 3️⃣ Hybrid Financing (Loan + Equity) 💰 Investor Capital: $2M 🏦 Bank Loan: $2.5M (secured by property) 🚀 Faster return + lower risk ✔️ Ideal for structured investors seeking security & ROI 📌 Investor Example: 🧾 Contribution: $1,000,000 (≈22%) 💵 Annual Return: $78,000 – $90,000 🔁 Capital Recovery: ~7 years 📈 Post-payback: Stable annual income continues 57
Speaks: ქართული, русский, english

Building location

Tbilisi, Krtsanisi District,
Tsolikauri Street, 4

Contact seller

Imperial Houses
Imperial Houses
Agent
Agent

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 10 355 308 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
924 422
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 — TIBR1M.
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