Commercial Land with Existing Building in Iwaki, Fukushima
This property is a commercial land parcel with an existing building, located in the Taira Nakayama area of Iwaki City, Fukushima Prefecture. The land area is a substantial 566.51 sqm (approximately 171.36 tsubo), with a building size of 85.13 sqm (approximately 25.75 tsubo). The wooden structure was built in October 1992 and is a single-story building. The property is designated for commercial use within an urbanization promotion area and a Category I Medium-to-High-Rise Exclusive Residential Zone. The building coverage ratio is 60% with a floor area ratio of 200%. The land is registered as residential land and is currently vacant.
Critical agent notes provide essential details that must be considered. The property's facilities include a dedicated toilet. Regarding road access, it faces a 3.8-meter wide public road to the west, with a frontage of 4 meters, and does not have a designated position. Several important special remarks are noted: Firstly, the property is located within a Sediment Disaster Special Warning Zone, where residential buildings cannot be constructed. Secondly, it is also within a Steep Slope Collapse Hazard Zone, where certain activities are restricted to prevent collapse, such as excavation and removal of earth and stones. Thirdly, the property fronts a road with a width of less than 4 meters. Fourthly, the lot has a mountain to the north, and water inflow has been confirmed on days with heavy rainfall. Finally, while the building shows signs of age-related deterioration, it will be delivered in its current condition.
The area of Iwaki City offers a unique blend of coastal and mountainous scenery. An interesting fact is that Iwaki is home to the Spa Resort Hawaiians, a massive hot spring theme park complex famous for its Polynesian-themed performances and pools, drawing visitors from across Japan. The closest major landmark is the iconic Joban Coal Mine, a significant historical site that played a central role in the region's industrial development and now serves as a museum.
