Commercial Property with Tax Advantage in Ueda, Nagano
This commercial property, located in Ueda City, Nagano Prefecture, presents a significant opportunity for business or investment use. The site consists of a two-story steel-framed building constructed in March 1983, with a total floor area of approximately 414.90 square meters (about 125.50 tsubo), situated on a generous land parcel of 867.78 square meters (about 262.50 tsubo). The land is designated as Category 1 Residential District, with a building-to-land ratio of 60% and a floor area ratio of 200%.
A critical and highly advantageous feature of this property is detailed in the agent's special notes: 備考1 (Special Notes/Remarks): 学校法人の為、固定資産税非課税です。 This translates to: "Because it is owned by a school corporation, it is exempt from fixed asset tax." This tax exemption represents a substantial ongoing financial benefit for the new owner, significantly reducing annual holding costs.
The property is currently vacant and ready for occupancy. It offers parking facilities and is situated on a sloping site. Access is convenient, with Ueda Station—served by the Hokuriku Shinkansen, the Ueda Dentetsu Bessho Line, and the Shinano Railway—within a 22-23 minute walk.
The area surrounding Ueda City is rich in history and natural beauty. An interesting fact is that Ueda is historically known for its skilled silk production and was a major center for the sericulture industry in Japan. The closest major landmark is the iconic and historically significant Ueda Castle, a well-preserved samurai castle originally built in the 16th century by the Sanada clan, which is a major tourist attraction and a symbol of the city's feudal past.
