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Prime Land, Restaurant And Residence For Sale

Tbilisi, Georgia
Asking Price:
$1,100,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250K - $500K (USD)
Cash Flow:
$50K - $100K (USD)

# Prime Mixed-Use Investment Property in the Heart of Tbilisi, Georgia

A rare opportunity to acquire a unique **freehold mixed-use investment property** in one of Tbilisi's most prestigious and visited locations.

Situated just **350 meters from Rustaveli Avenue**, at the foot of the famous **Mtatsminda Mountain**, the property enjoys an exceptional position in the historic city center. One of its most distinctive features is that the iconic **Tbilisi cable car passes directly above the property**, making it highly visible to thousands of tourists every year and creating a truly unique atmosphere.

The property includes a **private enclosed courtyard**, a **two-story building**, and a spacious **terrace with panoramic views of Tbilisi**.

The **ground floor and outdoor terrace** are occupied by the well-established Georgian restaurant **"Tbilisuri Ezo"**, successfully serving both international visitors and local residents.

The **second floor** consists of a **120 sq.m. private apartment**, ideal for an owner, management accommodation, short-term rental, or conversion into additional hospitality space.

In addition to the existing business, the property offers significant **development potential**. Subject to local planning regulations and permits, there is an opportunity to construct a **third floor** or create a spectacular **rooftop terrace** with breathtaking panoramic views over Tbilisi and the cable car. This space could become an exceptional rooftop restaurant, cocktail bar, lounge, event venue, or boutique hospitality concept.

## Property Highlights

  • Prime location in the heart of Tbilisi
  • Only 350 meters from Rustaveli Avenue
  • Directly beneath the famous Tbilisi cable car to Mtatsminda Park
  • Private enclosed courtyard
  • Operating Georgian restaurant "Tbilisuri Ezo"
  • Restaurant area: 215 sq.m.
  • 19 dining tables
  • Outdoor terrace with panoramic city views
  • Private residential apartment: 120 sq.m.
  • Freehold land plot: 225 sq.m.
  • Business, building and land included in the sale
  • Fully equipped and operational
  • Excellent redevelopment and expansion potential
  • Ideal for a restaurant, boutique hotel, luxury guesthouse, rooftop venue, or mixed-use investment

This is a unique opportunity to acquire not only a successful hospitality business, but also a valuable freehold property with outstanding long-term investment potential in one of the most desirable tourist destinations in Georgia.

**Further information, financial details, floor plans, and additional photographs are available upon request.**

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Included in the sale is a private 120 sq.m apartment located within the property. ( 3 Bedrooms, 3 Bathrooms)

Location:

Prime location in the heart of Old Tbilisi, Georgia, on Mtatsminda. The property is situated directly beneath the famous tourist cable car route and within walking distance of major attractions, hotels and tourist areas. High tourist traffic throughout the year.

Premises Details:

Established operating Georgian restaurant "Tbilisuri Ezo". Restaurant area 215 sq.m with 19 tables and a fully equipped kitchen. The sale includes 225 sq.m of privately owned land and a 120 sq.m residential apartment. All assets are included in the sale.

Size in square feet:
3,600
Planning Consent:

Operating restaurant with all required local permissions and licenses. No pending planning issues.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Significant growth potential through extended opening hours, event hosting, live music, private functions, catering services, delivery platforms, and increased digital marketing. The property also offers opportunities for further tourism-related development.

Competition / Market:

The business operates in a popular tourist district with many restaurants nearby. However, it benefits from a unique courtyard atmosphere, excellent reviews, repeat customers, and a distinctive location beneath the tourist cable car route.

Reasons for selling:

Owner is focusing on other business interests and investment opportunities. The restaurant is fully operational and offered for sale together with the real estate assets.

Trading hours:

Daily: 11:00 AM – 12:00 AM

Employees:
10
Years established:
3

Other Information

Support & training:

The owner is willing to provide transition support, staff introduction, supplier contacts and operational training for up to 30 days after completion of the sale.

Furniture / Fixtures value:
$10,000 (USD) - included in the asking price
Inventory / Stock value:
$3,000 (USD) - included in the asking price