Property Overview: Mixed-Use Building in Yachiyo Midorigaoka
This property is a reinforced concrete building located in Yachiyo City, Chiba Prefecture. The building was constructed in January 1975 and comprises two stories above ground. The total floor area is 546.64 square meters, situated on a land plot of 769.21 square meters. The property is currently tenanted and is being offered as an owner-change transaction, with immediate possession possible.
The land rights are freehold. The property falls under a Category 1 Low-Rise Residential Zone within an urbanization promotion area, with a building coverage ratio of 50% and a floor area ratio of 100%.
Regarding access, the property is located a 17-minute walk from Yachiyo Midorigaoka Station on the Tōyō Rapid Railway Line. The site benefits from a corner lot position with frontage on two public roads. To the northeast, the property faces a 10-meter-wide public road, and to the northwest, it also faces a 10-meter-wide public road. Notably, the site has a frontage of approximately 57 meters, offering significant road exposure.
The land area is approximately 232 tsubo. The property boasts an estimated gross rental yield of 13 percent. For further details, inquiries are welcome.
