Commercial Investment Opportunity: Thriving Restaurant Tenant Building in Tsuyama City
This property is a currently operating restaurant tenant building located in the bustling downtown area of Tsuyama City. According to the agent's special notes, the building is presently 2/5 occupied. When fully tenanted, the projected surface yield is an attractive 18.75%. This presents a compelling commercial investment with immediate income potential and significant upside.
The building itself is a three-story, heavy steel-framed structure built in January 1992. It offers a total floor area of 246.26 square meters, distributed across its floors with 77.84 sqm on the first floor, 84.21 sqm on the second, and 84.21 sqm on the third. The layout is configured with one room on the first floor and two rooms each on the second and third floors. The land parcel is 116.78 square meters and is situated in a quasi-commercial zoning district. The property is currently tenanted and is offered for sale under a general brokerage arrangement.
Tsuyama City, located in the northern part of Okayama Prefecture, is a historic castle town known for its well-preserved samurai district. The area around the property is a vibrant commercial hub, ensuring consistent foot traffic for tenant businesses. A notable landmark in the region is the stunning Tsuyama Castle, also known as Kakuzan Park, which is famous for its breathtaking cherry blossoms in spring and offers panoramic views of the city from its hilltop location.
