Mito Toyo Building: A Renovated Commercial Space in Mito City
Available for immediate occupancy, the Mito Toyo Building presents a substantial commercial property in Mito City, Ibaraki Prefecture. This reinforced concrete (RC) structure, built in November 1977, stands eight stories tall and offers a total floor area of 581.77 square meters (approximately 175.98 tsubo) across three floors. The breakdown is as follows: the first floor spans 193.08㎡, the second floor 181.89㎡, and the third floor 206.80㎡. The property is a maisonette-style unit located on the first floor of the building.
Key equipment and facilities include individual air conditioning, an elevator, and a private toilet. The property has undergone interior renovation. Important notes from the agent specify that while restaurants (excluding heavy restaurants and adult entertainment establishments), clinics, vocational schools, rental offices, personal gyms, bouldering gyms, and event venues are possible uses subject to consultation. The previous tenant was the Mito Shinkin bank. A notable point is that there is no inspection certificate available for the property. The building fronts National Route 50.
The financial terms include a monthly rent of 467,500 yen, with a security deposit of six months' rent and no key money. A management fee of 93,500 yen is also applicable. The lease contract period is three years, and a renewal fee equivalent to one month of the new rent will be charged upon contract renewal. A rent guarantee company, Japan Safety, is utilized, with an initial guarantee fee of 100% of the total rent. Other move-in costs include a contract administration fee of 11,000 yen.
The area surrounding the Mito Toyo Building is well-connected, with Kaizen Station on the Joban Line a 14-minute walk away, and Mito Station accessible within a 24-minute walk. Mito City is the capital of Ibaraki Prefecture and is famously home to Kairaku-en, one of Japan's Three Great Gardens, renowned for its over 3,000 plum trees that create a spectacular bloom every spring.
