5 photos

Commercial property for sale: 350 m² in Tbilisi, Zviad Gamsakhurdia Embankment, 92 – $700,000

Zviad Gamsakhurdia Embankment, 92
$‍‍700,000
$‍2,000 per m2
$
350 m2
total area
area
1 floor
out of 2
out of 2
Listed
Listed
Today, 20:07
Updated
Updated
Today, 20:07

Description from the seller

Income-Generating Asset (IGA / GAB): shop + auto service + warehouse Located adjacent to a detailing center with a facade facing the "red line" on the main thoroughfare connecting Ortachala and Dighomi Massif. Traffic: high visibility with 2,000 to 6,000 cars per hour during business hours. Accessibility: one-way road ensuring all passing traffic can easily pull in; convenient parking included. Tenant: long-term lease with a major specialized company. Financials: monthly rent of $4,000 (including VAT). Lease term: contract valid until 2029, with a scheduled rent increase thereafter. Potential: an ideal location for auto services and related automotive businesses.
Speaks: english, русский, ქართული

Building location

Tbilisi, Mtatsminda District
, Zviad Gamsakhurdia Embankment, 92

Contact seller

Angels
Angels
Agent
Agent

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 $‍595,000 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
52 255
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.
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