Commercial Apartment Building in Sapporo's Teine Ward
This property is a reinforced concrete (RC) apartment building located at 5-chome, Teinehoncho Nijo, Teine-ku, Sapporo, Hokkaido. The building, named Light River Sankan-kan, was constructed in February 1997 and comprises a total of 43 units across 11 floors above ground and 1 floor below ground. The building structure is reinforced concrete (RC).
The property sits on a land area of 1,995.52 square meters (approximately 603.64 tsubo). The total floor area of the building is 3,398.17 square meters (approximately 1,027.94 tsubo). The land is zoned as a semi-industrial district within an urbanization promotion area. The building coverage ratio is 60% and the floor area ratio is 200%. The land parcel has a sloping terrain.
Regarding road access, the property faces a 15-meter-wide public road to the northeast with a frontage of 79.3 meters, and no specific road position designation applies. It also faces a 10.9-meter-wide public road to the south with a frontage of 13.5 meters, again with no specific road position designation. The land rights are freehold ownership.
The property is currently tenanted and is being offered as an owner-change investment opportunity. The transfer of the property is possible immediately. The site is within walking distance of Teine Station on the Hakodate Main Line, approximately an 8-minute walk away. The property is located in Teine-ku, Sapporo, Hokkaido.
