Iris Building: A Prime Commercial Investment in Tsuyama City Center

Presenting the Iris Building, a notable owner-change investment property located in the heart of Tsuyama City, Okayama Prefecture. This commercial apartment building offers a significant opportunity with a total floor area of approximately 223.53 tsubo (738.95 sqm) spread over four stories above ground and one basement level. Constructed in April 1989 with a steel frame structure, the property sits on a generous land plot of about 58.25 tsubo (192.55 sqm) in a commercial zoning district.

The building is currently tenanted, providing immediate rental income. Key property features, as detailed in the agent notes, include facilities for propane gas, city water supply, separate bath and toilet rooms, washlets (bidet toilet seats), and a bicycle parking area. The property also includes one free parking space for tenant use. The transaction is handled as an exclusive intermediary listing.

Tsuyama is a historic city in northern Okayama, known for its well-preserved samurai district and the impressive Tsuyama Castle ruins, also called Kakuzan Park, which is a major tourist attraction famous for its stunning cherry blossoms in spring. The Iris Building enjoys a highly convenient location within walking distance of Tsuyama Station (approx. 15 minutes, 1165m) and is surrounded by amenities including a Lawson convenience store (100m), the Alne Tsuyama and Yume Mart shopping facilities, and medical institutions. This central positioning ensures strong demand and accessibility.