Mixed-Use Property with Rental Income in Bizen City, Okayama
This commercial and residential property is strategically located along National Route 2 in the Ibe area of Bizen City, Okayama Prefecture. The site offers a substantial land area of 614 sqm (approximately 185.74 tsubo) and features a two-story steel structure built in May 1991. The building's layout is versatile: the first floor is configured as office space, while the second floor comprises three 3DK apartments, which are currently fully occupied and generating a steady monthly rental income of 95,000 yen per unit.
Critical agent notes provide essential details. The road access situation is detailed as follows: it fronts two roads (excluding corner lots). To the north, there is a 13-meter wide public road with a 26-meter frontage, which is paved. To the west, there is a 5-meter wide public road with a 6.5-meter frontage, also paved. Special notes confirm parking for three or more vehicles is available free of charge. A crucial remark states that approximately half of the plot is within a planned urban road area. This is a significant factor for future development considerations.
The property is exceptionally convenient for daily life and business, situated just 200 meters from a Marunaka supermarket and 320 meters from JR Ako Line's Ibe Station, providing a 4-minute walk to public transport. The area is part of Bizen City, famous for its centuries-old Bizen-yaki pottery tradition. This unique, unglazed stoneware, fired in climbing kilns for over a week, is a designated Traditional Craft of Japan and a major cultural attraction. The property presents a solid investment opportunity with existing rental cash flow from the residential units and potential for commercial use on the ground floor.
