Commercial real estate for sale (hotel in Old Tbilisi) at land price ‼️
A very profitable location from the point of view of business.
- 1 sq m – $1800.
- 600 sq m in total.
- All infrastructure, tourist places, subway – everything in 2 minutes. The building has a monthly income of 5000 Gel from the commercial spaces on the first floor and the roof (now rented for GSM towers).
- The eight-room hotel is not currently operational.
- The house can be used for other types of business or for living. There are alternative sources of electricity and water supply if the city is interrupted.
- In need of cosmetic repairs.
- Attention for the investors – it is possible to expand and build a 40-room hotel on this site.