Surfside Building Ashiya: A Commercial Investment Opportunity in Fukuoka

Presenting the Surfside Building Ashiya, a commercial apartment building located in Ashiya Town, Fukuoka Prefecture. This property is an owner-change listing, offering a projected yield of 13.47%. Please note that the stated yield may differ from the current situation, and further details are available upon inquiry. The building has undergone large-scale renovation work, ensuring it is in good condition for its next owner. The first floor of this three-story reinforced concrete (RC) structure is currently configured as a retail shop, providing immediate commercial income. The property is being sold in its current state, as-is.

The building, constructed in March 1965, spans a total floor area of approximately 98.09 square meters (about 29.67 tsubo) across its three stories and contains five units in total. It sits on a land plot of 204.4 square meters (about 61.83 tsubo) in a commercial zoning area. The property is currently fully tenanted, offering a stable income stream from day one. Facilities include propane gas. While there is no dedicated parking lot, the location offers convenient access to public transport, with the Jieitai-mae bus stop just a 2-minute walk away.

The property is situated in the town of Ashiya, within Fukuoka's Onga District. This coastal area is known for its relaxed atmosphere and is a popular spot for surfing and beach activities. An interesting local fact is that Ashiya is home to the Ashiya Kite Museum, celebrating the town's long history and culture of kite flying. The closest major landmark is the scenic Kitakyushu Museum of Natural History & Human History, located a short drive away, which offers fascinating exhibits on the region's geological and anthropological past.