Investment Opportunity: Commercial Building in Nagaoka, Niigata
This is a six-story reinforced concrete building located in Nishi-Senju 1-chome, Nagaoka City, Niigata Prefecture. The property sits on a corner lot with a land area of 476.00 square meters and a total floor area of 999.52 square meters. It was built in June 1981.
The building is situated on public roads to the west and south, each 12 meters wide. The site is designated as a Category 1 residential zone within an urbanization promotion area. The building coverage ratio is 60%, and the floor area ratio is 200%.
Utility connections include city gas, an elevator, cable broadcasting, and bicycle parking facilities. Parking is available for three vehicles at no additional cost.
The property is currently under a single long-term lease agreement, which began in February 2023 and runs for a 30-year term. There is a non-cancellation clause for the first five years. The property will be delivered in its current condition, and the sale is based on the registered land area. The annual fixed asset and city planning tax is 1,502,076 yen (fixed asset tax: 1,314,317 yen; city planning tax: 187,759 yen).
The building is located approximately a 20-minute walk from Nagaoka Station on the Joetsu Shinkansen line, with additional access to Miyauchi Station on the Joetsu and Shinetsu main lines.
