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Commercial property for sale: 77.6 m² in Tbilisi, Mikheil Zandukeli St, 7 – $103,000

Mikheil Zandukeli St, 7
$‍‍103,000
$‍1,327 per m2
commission-free
$
77.62 m2
total area
area
1 floor
out of 3
out of 3
Ceiling height
Ceiling height
2.9 m
Facade property
Facade
Yes
Listed
Listed
Yesterday, 18:04
Updated
Updated
Yesterday, 18:04

Description from the seller

Urgent Sale! Price reduced. Commercial property of 77.62 sqm in Vera, Zandukeli St. Price: $103,000 (below the official bank valuation!) High foot traffic, prestigious historic district, fully ready for business or rental. Dry semi-basement with street-facing windows and its own independent entrance. Prime location advantages: Just a 4-minute walk to Rustaveli Metro Station and McDonald's — the city's main landmark and attraction hub. The entrance is located directly opposite two major institutions — ISET (International School of Economics) and Goethe-Institut Georgia. A daily flow of solvent students, professors, expats, and tourists. High tourist and pedestrian traffic 24/7. Property characteristics and potential: • area: 77.62 sqm • functional layout: spacious main hall, utility room, bathroom Autonomy: Own separate entrance from the street, possibility to install signage. Light and ventilation: Full windows facing the street, the basement is absolutely dry. Utilities: Currently equipped with 2 water/drainage points. The layout allows easily adding a third point and a prep area behind the bar counter. Very low utility bills. Ready-made business solutions: The property has a successful track record, previously operating as a dance studio and a wine bar. The location is ideal for: 1. HoReCa: trendy wine bar, craft pub, or conceptual coffee shop (students and expats will ensure a full house). 2. Services and retail: clothing showroom, tattoo studio, yoga class, language school, or lecture space. Clean documents, fast transaction. Excellent ROI. For details and viewings, please call or text
Speaks: русский

Building and location

Mikheil Zandukeli St, 7
Tbilisi, Mtatsminda District
1940
All listings for sale

Contact seller

Iuliia
Iuliia
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 $‍87,550 from the bank
years
months
Mortgage from TBC Bank
from
9,8
%
interest
rate
from
11,73
%
effective interest
rate
≈ $
7 689
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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