Tablecho 2-chome Ishii Building: A Mixed-Use Investment Opportunity in Central Okayama

This property is the Tablecho 2-chome Ishii Building, an owner-change opportunity located in the bustling heart of Okayama City. The building is a 5-storey reinforced concrete block structure built in February 1973, with a total floor area of 362.43 square meters (approximately 109.64 tsubo) situated on a land area of 100.09 square meters (approximately 30.28 tsubo). The property is in a commercial zone within an urban planning area, with a building-to-land ratio of 80% and a floor area ratio of 500%.

According to the translated agent notes, the property's equipment includes city water and sewer systems. The road access details specify a one-sided road to the west, which is a 4-meter wide public road with pavement. Critical remarks are provided: the property is sold 'as-is' in its current condition, and the seller is exempt from liability for non-conformities in the contract. The current usage is detailed: the first floor has two rooms operating as a restaurant/retail shop, the second and third floors contain five rooms used as stock/storage rooms, and unit 401 is currently rented out as a residence. Importantly, units 402 and 403 are vacant. However, due to roof leaks, these units are not available for new rental applications and will be transferred in their present state.