Commercial property for sale: 850 m² in Tbilisi, Davit Aghmashenebeli Ave, 114 – $1,600,000

This hotel creates a truly cozy atmosphere in the very heart of Tbilisi. It is a perfect base for exploring the city, with the nearest metro station just an 8-minute walk away and the Tbilisi Zoo located 2 km from the property. The vintage-style rooms are equipped with everything needed for a comfortable stay, including Wi-Fi, a mini-fridge, a flat-screen TV, and a seating area. Select rooms feature furnished balconies and hydromassage showers. Additionally, 24-hour room service is available for guest convenience. A buffet breakfast is served in a cozy dining area with a fireplace that adds to the warm ambiance. The first floor was recently purchased for elevator installation, and there is also a ground floor (level 0). Currently, there are 21 operational rooms (expanding to 25 rooms with the additional space). The property generates a monthly income of approximately $10,000. There is also a courtyard at the rear of the building.