Commercial property for sale: 180 m² in Tbilisi, Gumbri 2nd Dead End – $275,500

A two-story apart-hotel with a private yard for sale behind the Sameba Cathedral (at the rear entrance). The property features four apartments in the yard, each with its own kitchen and bathroom. All units are fully furnished and equipped with appliances. Additionally, there is a 25 sq. m enclosed and equipped bar with a kitchen in the yard, which can be converted into an extra apartment or a guest lounge. The yard also includes an additional bathroom and a laundry room. On the second floor, there is a 25 sq. m terrace offering a stunning view of the Sameba Cathedral. There is also a 10 sq. m storage room. Currently, the units are rented out individually on a long-term basis, generating a total of 4,600 GEL. The property can also be operated as a short-term rental apart-hotel. It has established Booking (9.6 rating) and Airbnb profiles with high ratings. The bank appraisal for the space alone (excluding furniture and appliances) is $275,000. Price: $275,500