1/15

Commercial property for sale: 500 m² in Tbilisi, Mikheil Burdzgla St, 20 – $960,000

Mikheil Burdzgla St
$‍‍960,000
$‍1,920 per m2
$
Hotel
property type
property type
500 m2
total area
area
1 floor
out of 2
out of 2
Listed
Listed
25 April 2026
Updated
Updated
25 April 2026

Description

📍 Saburtalo – 480 m² multifunctional commercial space Key information: • floor: 2 • condition: standard renovation • type: former hotel property • total area: 480 m² 💰 Financial terms: • sale price: 2,000 $/m² • total value: 1,500,000 $ • rental price: 15,000 $/month 📊 Investment calculation: • annual income: 180,000 $ • estimated ROI: ~12% • potential for stable long-term income • high-liquidity commercial asset Layout: • 16 isolated rooms • average room size – 15 m² • reception area – 12 m² • rooms can be merged with flexible replanning based on business needs Ideal for: • office center • clinic and medical facility • educational/training center • hotel and hostel • call center • corporate representation Advantages: ✔ roadside location – maximum visibility ✔ commercially active and high-demand area ✔ multifunctional usage possibilities ✔ easy transport accessibility ✔ high rental and capitalization potential For additional questions, please contact me
Property ID: 604880Author ID: 39820
Liza Capital Property
Liza Capital Property
Agent
Agent
Speaks: ქართული

Building and location

Mikheil Burdzgla St, 20
Tbilisi, Saburtalo District
6 floors
Complete
All listings for sale

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 $‍816,000 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
70 907
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.
Do you like this property?
Add to favorites so you will not lose it or send a link to someone who helps you with the choice of housing
How can we improve this page?