Commercial Land Opportunity in Iwaki City
This is a prime piece of land located along a prefectural road in Iwaki City, Fukushima Prefecture. The property is situated in a high-traffic area, offering excellent visibility and potential for attracting customers, making it ideal for commercial use such as a shop, office, clinic, or service business. The location is convenient, being just a 6-minute walk from Ueda Station on the JR Joban Line, and is surrounded by residential areas, providing a local customer base.
The land has a total area of 249.71 square meters (approximately 75.53 tsubo) and is zoned for Category 2 medium-to-high-rise residential use, with a building coverage ratio of 60% and a floor area ratio of 200%. The property features a corner lot with frontage on a 17-meter-wide road to the northeast and a 6-meter-wide road to the southeast. It is a flat, corner lot with no private road maintenance obligations. The existing building on the land is scheduled for demolition, and the property will be delivered as a cleared site, allowing the new owner to begin construction immediately according to their plans.
Utilities include public water supply, main sewer system, and individual LP gas. The land is held under freehold ownership. The property is recommended for those seeking a business base or income property site.
