Prime Commercial Land with Existing Structures in Oshima Town, Tokyo
This listing presents a substantial commercial land plot for sale in the scenic Oshima Town, part of Tokyo's Izu Islands. The property, with a registered land area of 1,415.18 square meters (approximately 428.09 tsubo), is designated as residential land within a Category I Residential Zone. It offers a high floor area ratio of 200% and a building coverage ratio of 60%, providing significant development potential. The price is set at 29,500,000 JPY, translating to a competitive price per tsubo of 69,000 JPY.
According to the agent's notes, the current condition of the property includes an existing shop-with-residence building and a container house. The transfer of ownership will be made in its present state, 'as-is'. The optimal use for this land is specified as commercial shop premises. The property benefits from immediate availability for handover upon sale.