Commercial property for sale: 395.9 m² in Tbilisi, Tsernaki Street – $500,000

Apart-hotel for sale in Isani district, Tbilisi, on Tsernaki Street. The property is located within walking distance of the metro station, ensuring easy access for guests. Surrounded by seven other hotels, the area offers a well-developed infrastructure popular with tourists and business travelers. This is a standalone 3-story building with a basement, totaling 395.92 sq. m. The hotel features 14 fully equipped apartments, each with its own private bathroom. Currently, apartments are rented long-term for $300–$400 per month. The building was completely renovated in December 2023, making it an attractive investment requiring no additional renovation costs. Layout details: basement – 78.71 sq. m, 1st floor – 91.93 sq. m, 2nd floor – 108.24 sq. m, 3rd floor – 117.04 sq. m. Additionally, there is a spacious 100 sq. m veranda and a 70 sq. m yard. This property is an excellent business investment with an estimated ROI of approximately 10 years based on long-term rentals. Daily rentals could significantly increase the income potential. Price: $500,000. Don't miss the chance to own this remarkable property! Contact us for more information and to arrange a viewing.