Commercial property for sale: 9,762 m² in Tbilisi, Shota Rustaveli 5th Dead End – $12,000,000

Shota Rustaveli 5th Dead End
Tbilisi, Mtatsminda District
‍‍32,378,040 ₾
‍3,316 ₾ per m2
commission-free
$
9 762 m2
total area
area
4 floor
out of 4
out of 4
Year of construction
Year of construction
1939
Listed
Listed
16 August 2025
Updated
Updated
16 August 2025

Description from the seller

The former Rustaveli cinema building is one of the architectural and cultural symbols of Tbilisi of the 20th century. Rustaveli Cinema is the city's main cinema, built in 1939 by architect Severov, with sculptures by V. Topuridze and [link hidden] For decades, it has been a center of attraction for citizens, where premieres, festivals and significant cultural events have taken place. This building preserves the history of the capital's cultural life: it was once home to Tbilisi's largest cinema, which has become an integral part of the memory of several generations of residents and visitors to the city. total area 9,762 sqm Basement — 1,960 m² 1st floor — 1,767 m² 2nd floor — 1,788 m² 3rd floor — 1,788 m² 4th floor — 1,788 m² 5th floor — 1,767 m² Possibilities of use: -Luxury hotel or apart hotel in the city center -Flagship premium shopping and entertainment center -Class A business center -Cultural or art space with a museum, gallery or theater -Combined project: commercial+residences+coworking it is possible to buy for foreigners

Building location

Tbilisi, Mtatsminda District,
Shota Rustaveli 5th Dead End

Contact seller

Ainagul Agaisayeva
Ainagul Agaisayeva
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 ‍27,521,334 ₾ from the bank
years
months
Mortgage from TBC Bank
from
12,9
%
interest
rate
from
15,02
%
effective interest
rate
2 456 840
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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