Spacious Corner Lot Apartment Building in Ueda, Nagano

This well-established apartment building, constructed in August 1989, presents a significant investment opportunity in the historic city of Ueda, Nagano. The property comprises an eight-unit wooden structure with a total floor area of 258.14 square meters (approximately 78.08 tsubo), situated on a generous land plot of 498.61 square meters (approximately 150.82 tsubo). The building is a two-story walk-up, offering a classic and solid construction.

Critical agent notes provide essential details about the property's advantageous positioning. The building is located on a corner lot with road frontage on two sides. To the north, it faces a 4-meter wide public road with a frontage of 20 meters. To the west, it faces a 5-meter wide public road with a frontage of 35 meters. This configuration offers excellent access and visibility. The land is flat, designated for residential use, and currently has a building-to-land ratio of 60% and a floor area ratio of 200%. The property is currently tenanted, indicating an immediate income stream, and the transaction is handled as a general intermediary. A notable feature is the provision of free parking for residents.

The area of Ueda is rich in history, being the former castle town of the Sanada clan, famous samurai of the Sengoku period. The property enjoys a convenient location just a 5-minute walk from Uedahara Station on the Ueda Dentetsu Bessho Line, providing local rail access. For broader exploration, the renowned Zenko-ji Temple, one of Japan's most important and popular Buddhist pilgrimage sites, is located within Nagano City and is easily accessible from the region.