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Commercial property for sale: 102 m² in Tbilisi, Kerch St – $330,000

$‍‍330,000
$‍3,235 per m2
commission-free
$
102 m2
total area
area
1 floor
out of 16
out of 16
Ceiling height
Ceiling height
4 m
Listed
Listed
25 ноября 2025
Updated
Updated
14 февраля 2026

Description from the seller

📍 Property Location: Gldani Area: 101.7 m² Floor: 1 / 16 Surroundings: near Carrefour and Agrohub — high commercial traffic 📄 Lease Agreement Tenant: Pharmadepot — a large and stable pharmacy chain Term: 10 years Rent: $22 per m², including VAT Rent review is scheduled in 3–5 years 💰 Financial Indicators Sale Price: $350,000 Monthly Rent: 101.7 × 22 = $2237.4 Annual Income: $26,848.8 Yield (ROI): 26,848.8 / 350,000 ≈ 7.67% per annum For Tbilisi, a property with a tenant like Pharmadepot and a yield of 7.5–8% is considered very solid, especially with a long-term contract. ⭐ Pros • reliable tenant • long-term agreement • rent increase after 3–5 years • strong commercial area • ground floor, high foot traffic

Building location

Tbilisi, Gldani District
, Kerch St

Contact seller

Zura Gabaidze
Zura Gabaidze
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 $‍280,500 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
24 634
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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