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Added 1 day ago
¥3,600,000

Imabari, Ehime

愛媛県今治市波止浜

Buy 5LDK Business Renovation Project House Akiya Bank Needs Renovation Rural Quiet Area

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Former Karaoke Cafe and Guesthouse in Imabari

This property in Imabari City, Ehime Prefecture, is a vacant wooden two-storey building that was previously operated as a karaoke cafe and a simple lodging guesthouse by the owner's mother until several years ago. The building offers a 5LDK layout plus an attic space, covering approximately 38 tsubo in total floor area. Due to multiple extensions over the years, the property contains a higher number of rooms, making it suitable for a wide range of uses including residential living, storage, a shop, or business purposes. As it was once used as a simple accommodation facility, it could also be repurposed for lodging operations.

The property is located in a quiet residential area near the Shimanami Kaido route. While the sea is not directly visible from the building, the coastline is about a three-minute walk away, offering opportunities for fishing and walking. A scenic viewpoint with beautiful sea views typical of the Shimanami area is approximately a ten-minute walk from the property. The surrounding neighbourhood is peaceful, with mountain views also visible. Hachihama Station is about a ten-minute walk along a flat road, and bus stops and taxi stands are nearby. Daily amenities such as a discount supermarket, drugstore, and restaurants are within easy reach. The Shimanami Kaido is accessible by bicycle, making the location attractive as a base for tourism and cycling.

The building shows signs of age-appropriate deterioration and requires repairs in some areas. The price has been set at 3.6 million yen to reflect this condition. The property is eligible for rebuilding, so renovation or reconstruction is possible. Fixed asset taxes are relatively low, helping to keep holding costs down. Utilities include electricity from Shikoku Electric Power, propane gas, public water supply, sewerage, and cable TV from Imabari CATV. The main building configuration includes a kitchen, toilet, hall, tiled bathroom, and one Western-style room on the first floor; a kitchen, toilet, one Japanese-style room, three Western-style rooms (4.5 tatami, 6 tatami, 6 tatami), a small 3-tatami room on the second floor; and an attic room of about 3 tatami on the mezzanine level.

Parking is available for one light car on site, with monthly rental parking options nearby. A 2-metre setback from the road centre is required. The property is sold as-is with a public register transaction. The owner resides in the Kanto region, and viewings may be arranged via LINE video call or Zoom if an in-person visit is difficult.

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This description was AI-generated from the original Japanese listing and may contain inaccuracies. Please verify details with the source listing.

Summary

Bedrooms: 5
Parking: 1
Land size: 96 / 1,032sqft
House size: 126 / 1,358sqft

Short-Term Rental (Minpaku)

Transport

KIX

Kansai International Airport — 212 km away

Nearest Konbini

circle_k Circle K — 5 min walk

Internet Connectivity

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¥3,600,000

Imabari, Ehime

愛媛県今治市波止浜

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Source: ieichiba.com

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Agent fee (3% + tax)¥000,000
Acquisition tax¥000,000
Registration & stamp¥000,000
Property tax (annual)¥00,000/yr
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Nightly Rate¥00,000
Occupancy Rate00%
Est. booked nights/year000 nights
Net annual income ¥0,000,000
Monthly equivalent¥000,000
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Annual yield0.0%
Break-even00.0 years
5-year return¥0,000,000
10-year return ¥00,000,000
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All figures are illustrative estimates only and do not constitute financial, investment, or legal advice. Consult a qualified professional before making any investment decision. Terms apply.

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Location Type Beds Price Land House View

* Sold properties shown for price comparison only. Prices reflect historical sale data.

Location Type Beds Rent/Month Land House View

* Rental prices shown are monthly rates. Contact property owner for current availability.

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