Sato Building: A Commercial-Residential Investment in Higashimurayama
This property presents a unique commercial-residential investment opportunity in Tokyo's Higashimurayama City. The Sato Building, constructed in September 1992, is a three-story wooden structure with a total floor area of 94.52 sqm (approximately 28.59 tsubo) situated on a 36.51 sqm (approximately 11.04 tsubo) plot of land. The building's layout is designed for mixed use, featuring a shop on the first floor with residential or office space above. A key feature is that the first-floor shop is currently under a sub-lease agreement, providing an immediate rental income stream.
Critical agent notes have been translated for clarity. The property's road access details are as follows: it fronts a single public road to the northeast with a width of 7.2 meters. Additional remarks specify the equipment includes city gas, public water supply, and main sewer lines, with no elevator present. The property is subject to urban planning regulations, being located within a quasi-fire prevention zone and a Category 2 Height District. The land is zoned for Neighborhood Commercial use within an Urbanization Promotion Area, with a building-to-land ratio of 80% and a floor area ratio of 200%. The land is flat and the property is currently tenanted.
The location offers excellent convenience, being just a 9-minute walk from the Seibu Shinjuku Line's Higashimurayama Station, providing direct access to central Tokyo. The area of Higashimurayama is known for its balance of residential calm and urban amenities. An interesting local fact is that the city is home to the historic Tamako Pond, a remnant of the extensive irrigation system developed in the Musashino region during the Edo period. For recreation and tourism, residents and visitors can easily access the expansive Sayama Hills and Lake Sayama, a popular scenic spot for hiking, boating, and enjoying nature just a short trip away.