Investment Property with Existing Rental Income in Toyama City
This property, located in Toyama City, Toyama Prefecture, was acquired in 2024 for retirement use but is currently not needed by the owner. It is being offered for sale as an owner-change (オーナーチェンジ) opportunity with an existing tenant in place. The sale includes a transfer of the current lease agreement, meaning the new owner can begin receiving rental income immediately.
The land is classified as residential land (宅地). Waterproofing work has been completed, and all garden trees have been removed. The property has road access on two sides (2面接道) and is equipped with snow melting systems (融雪あり). The location is convenient, being 400 meters from a bus stop and 2 kilometers from Toyama Station. Nearby amenities include a nursery school (400 meters), an elementary school (800 meters), a junior high school (1.2 kilometers), and Toyama University (2 kilometers). Convenience stores and supermarkets are also in the vicinity.
The lease agreement is a two-year renewable contract, with the next renewal date set for March 31, 2027. The new owner may negotiate to end the lease agreement or continue the rental while constructing a new house on the vacant portion of the land. The total land area exceeds 750 square meters, offering potential for rebuilding or subdivision into separate residential lots. The estimated land value alone is over 22 million yen (based on 100,000 yen per tsubo, referencing major real estate websites).
Property Summary: Location is Ishizaka, Toyama City, Toyama Prefecture. The land area is 716.83 square meters, and the building area is 199.08 square meters. The structure is a two-story building with reinforced concrete and a wooden flat roof with steel panels. The current status is tenanted (the garden trees shown in photos have been removed). The asking price is 13 million yen.