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Commercial property for sale: 21 m² in Tbilisi, Alexander Kazbegi Ave, 28 – $45,000

Alexander Kazbegi Ave, 28
$‍‍45,000
$‍2,143 per m2
commission-free
$
21 m2
total area
area
1 floor
out of 1
out of 1
Additional
Additional
Terrace
Listed
Listed
16 July 2026
Updated
Updated
16 July 2026

Description

High-Yield Commercial Investment for Sale – 21 m² 📍 Alexander Kazbegi Avenue, Saburtalo Approximately 5 minutes’ walk from Delisi Metro Station. Compact ground-floor commercial space with a separate entrance and glass frontage. Suitable for a café, beauty salon, cosmetology studio, office, shop, or other service business. ✔️ Area: 21 m² ✔️ Currently leased for 550 USD per month, including VAT ✔️ 5-year lease agreement in place ✔️ Tenant is currently renovating the premises to open a café ✔️ Renovation is being carried out at the tenant's expense ✔️ Previously operated as a beauty salon ✔️ Contracted gross rental yield: approximately 14.7% per year 💰 Price: 45,000 USD, including VAT — all-inclusive An attractive investment with an existing tenant, strong rental income, and a low total investment amount.
Property ID: 780255
Tim
Tim
Owner
Owner
Speaks: ქართული, english, русский, deutsch

Building and location

Alexander Kazbegi Ave, 28
Tbilisi, Vake District
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 $‍38,250 from the bank
years
months
Mortgage from TBC Bank
from
7,8
%
interest
rate
from
8,71
%
effective interest
rate
≈ $
3 324
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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