Spacious Apartment Building Investment Opportunity in Ueda, Nagano
This property is an eight-unit wooden apartment building constructed in July 1992, located in the Furuzato area of Ueda City, Nagano Prefecture. The building spans two stories with a total floor area of approximately 392.60 square meters (about 118.76 tsubo). The land itself is a generous 719.83 square meters (about 217.74 tsubo), offering significant space. The site is flat and designated as residential land within an area not subject to specific urban planning zoning, with a building-to-land ratio of 60% and a floor area ratio of 200%.
Critical agent notes provide essential details. The road access situation is detailed as follows: the property fronts a single public road to the north, which is 4 meters wide, with a frontage of 12 meters. A crucial remark states that the property is currently under negotiation. The property is tenanted, presenting an immediate income stream for a new owner. Parking is available on-site at no additional cost for tenants.
The area of Ueda City is rich in history and culture, being a former castle town of the Sanada clan, famous samurai of the Sengoku period. The closest major landmark is the historic Ueda Castle, a well-preserved site offering panoramic views and a deep dive into Japan's feudal past. The property is situated approximately a 33-minute walk from the JR Ueda Station, providing access to the Hokuriku Shinkansen, connecting residents and potential tenants to Nagano City and Tokyo.
