Office and Retail Property in Central Yonago

This property is situated in the central area of Yonago City, Tottori Prefecture, offering a convenient location for an office or retail space. It features a wide road frontage and includes parking space. Originally acquired for use as a company office, the property is currently being utilized as a rental property after the owner began sharing a colleague's office. The owner is now seeking a new owner to take over, as they are concentrating management resources on other business ventures.

The property is currently occupied under a standard lease agreement, generating a monthly rent of 39,000 yen. As an owner-change property, it offers a stable rental income from the outset. While management is handled independently, a rent guarantee company is contracted, ensuring that rent is deposited into the account at the end of each month, eliminating the risk of arrears or the need for collection efforts for the new owner.

When the property was previously marketed for tenants, multiple applications were received within a month. Due to its prime location in central Yonago, there is a strong underlying demand, making it likely that a new tenant can be found relatively quickly if the current one vacates. A key point is that this property is on leased land, requiring a monthly land rent payment of 10,000 yen. Considering the fixed asset tax burden in the surrounding area, this monthly cost is considered very reasonable, representing a hidden advantage in keeping running costs low. This property is ideal for those seeking an affordable investment property in the city center or a future office space for personal use.

The property details are as follows: Location is Nishiki-cho, Yonago City, Tottori Prefecture. The land area is approximately 200 square meters. The building has a first floor area of 83.31 square meters and a second floor area of 39.86 square meters. The structure is a two-story wooden building with a tile and galvanized steel sheet roof. The current status is rented. The desired price is 1,900,000 yen. The property is sold as-is and based on a public register. Costs related to the land lease agreement, including name change fees and renewal fees at the end of the lease period, will be shared between the seller and buyer. The handover is expected after the end of August.