Historic Nasu Resort Property with Former Guesthouse Main Building
This property, located in a prestigious resort area of Nasu Town, Tochigi Prefecture, was originally developed in the early Showa period alongside the construction of the Nasu Imperial Villa for prominent figures in politics and finance. The current owner purchased it two years ago with plans to operate a rental villa. The property consists of two buildings: a two-story main building with 402.44 square meters of floor space and a single-story building of 73.29 square meters, both constructed from wood. The main building previously served as a guesthouse (minshuku).
The main building's interior has been stripped down in preparation for renovation, and renovation plans had already been created. The building offers a charming atmosphere with a green-rich garden, and the veranda (engawa) windows overlook an expanse of greenery. Due to the very large total floor area of the main building, the plan was to renovate only a portion of the first floor. The Fujishiro Seiji Museum is located directly in front of the property, so the owner had planned to create a commercial section on the first floor facing the museum side and rent it out. The estimated annual rental income from a commercial section covering the entire museum-facing side of the building was approximately 840,000 yen.
The property is situated in an area with a complete sewer system. While hot spring (onsen) water can be brought in, it requires a separate cost. The initial fee for a hot spring name transfer is 462,000 yen (tax included), with an annual basic fee of 275,000 yen (tax included), and a 10-year lump sum payment of 2,750,000 yen. This is a sale of the property as-is (genjo yusu) and based on the official registry (kobo baibai). Monthly management fees and separate name transfer fees may apply as this is a resort area. The land size is 1,596.68 square meters. The asking price is 8,500,000 yen (tax included). The land can be subdivided. The property is currently vacant. The owner is selling to raise funds for business development in other areas and is open to price negotiations. Site visits are available by appointment through a friend living nearby.
