Commercial property for sale: 480 m² in Tbilisi, Tina Enukidze 1st Lane – $1,200,000

High-yield investment property — an operating hotel complex located in the Tbilisi Sea area within a designated recreational zone. The property consists of a three-story building with a total area of 480 sq. m, situated on a land plot with a 600 sq. m courtyard. The hotel is fully operational and benefits from a stable client flow and proven occupancy rates, allowing an investor to generate income from day one. The building’s structure allows for the addition of a fourth floor, providing an opportunity to expand the number of rooms and increase overall profitability. According to the Tbilisi General Development Plan, the area permits the development of a casino, significantly expanding the range of potential commercial uses: • hotel operations • casino / entertainment complex • mixed-use development • repositioning into the premium segment The property is located in one of the city’s most promising development areas, making it highly attractive for long-term investment.