Property Overview: Renovated Building with Rental Income in Joetsu City

This property is a three-story steel-framed building located in Omachi 4-chome, Joetsu City, Niigata Prefecture. The building was constructed in June 1971 and underwent a full interior renovation in October 2022 (Reiwa 4), including new flooring, wall and ceiling finishes, a kitchen, bathroom, washbasin, and toilet. The total floor area is 257.95 square meters, situated on a land plot of 164.91 square meters. The layout is a 4LDK (four bedrooms, a living-dining-kitchen area). The first floor is currently occupied by a popular creative cuisine restaurant tenant, generating a monthly rental income of 121,000 yen for the building owner. The property is zoned for commercial use with a building coverage ratio of 80% and a floor area ratio of 500%. It is located in a quasi-fire prevention area. The property is a corner lot, facing a 6-meter-wide road to the north and a 4-meter-wide road to the west. It has a south-facing orientation. Utilities include public water supply, main sewer system, and city gas. A parking space with a carport is included. The second floor features a spacious living room of approximately 30 tatami mats, a large system kitchen with a three-burner gas stove, and a room of 8 tatami mats with an alcove (tokonoma) and an engawa (veranda). The third floor has a 12-tatami-mat western-style room. A rooftop balcony offers good sunlight and is suitable for drying laundry. The property is a 5-minute walk (350 meters) from Takada Station on the Myoko Haneuma Line, a 30-minute walk from Minami-Takada Station, and a 53-minute walk from Joetsumyoko Station on the Hokuriku Shinkansen. Nearby amenities include Lawson Takada Station East Store (2 minutes walk), Welcia Joetsu Honcho Store (7 minutes walk), and NARUS Kita-Shiro Store (12 minutes walk). The property is being sold as a single unit.