Commercial Building with Established Tenant in Iwaki, Fukushima
This commercial property presents a significant investment opportunity in Iwaki City, Fukushima Prefecture. The building, constructed in April 1991, is a reinforced concrete (RC) structure with a total floor area of 353.77 sqm (approximately 107.01 tsubo) spread over two stories. It is situated on a substantial plot of land totaling 966.11 sqm (approximately 292.24 tsubo) within a Category II Residential Zone in an urbanization promotion area. The property benefits from road access on two sides, specifically to the west and east, though it is noted this is not a corner lot.
Critical agent notes provide essential details for potential investors. The building is constructed not only on the owned land but also on an additional leased area of 1,011.04 sqm. Post-purchase, this land can continue to be leased for a monthly fee of 150,000 yen. This arrangement is indicated by the green outline in the provided images, while the yellow outline shows the land being sold. The property is currently tenanted by a popular, long-established retail store, offering immediate rental income. The sale is conducted under a general intermediary transaction format.