Modern Sapporo Apartment Building with Prime Corner Lot and Strong Rental Income
This is a contemporary apartment building completed in October 2023, located in the vibrant central district of Sapporo, Hokkaido. The property offers a substantial total floor area of 1,171.02 sqm (approximately 354.23 tsubo) across 23 units within a 5-story reinforced concrete (RC) structure. It sits on a generous land plot of 291.90 sqm (approx. 88.29 tsubo) with a highly advantageous corner position.
Critical details from the agent notes include the specific road access situation: the property is on a corner lot. To the east, it fronts a 25-meter wide public road with a frontage of 15.4 meters. To the south, it fronts a 20-meter wide public road with a frontage of 12.2 meters. The building coverage ratio is 80% with a floor area ratio of 400%. The property is currently tenanted, providing immediate rental income, and the transaction is handled under a general brokerage arrangement.
The location offers exceptional convenience, being just a 1-minute walk from the Sapporo City Tram's "Higashi Honganji-mae" station. It is also within a 5-minute walk of "Yamahana 9-jo" station and a 10-minute walk from the Sapporo Municipal Subway Namboku Line's "Susukino" station, providing excellent access to Sapporo's comprehensive public transport network. The area is a dynamic mix of commercial and residential zones, with Susukino being one of Japan's largest entertainment and dining districts, famous for its winter illumination and vibrant nightlife. A major nearby landmark is the historic Hokkaido Shrine, a serene and culturally significant site located within Maruyama Park, offering a beautiful contrast to the urban energy of central Sapporo.