Commercial Property for Sale in Shinjuku, Tokyo

This is a commercial property unit located in the Shinjuku Pegasus building, situated in Shinjuku 3-chome, Shinjuku-ku, Tokyo. The property is a shop space on the B1 floor of an 8-story building with 2 basement levels. The building was constructed in December 1981 and has a total of 48 units. The property features a proprietary area (floor space) of 46.79 square meters, which is approximately 14.15 tsubo. The building structure is SRC (Steel Reinforced Concrete). The property is currently rented out, making it an owner-change investment opportunity.

The property is conveniently located just a 3-minute walk from JR Yamanote Line's Shinjuku Station and a 1-minute walk from Tokyo Metro Fukutoshin Line's Shinjuku-sanchome Station. The monthly management fee is 35,600 yen, and the repair reserve fund is 16,380 yen. There are additional monthly costs including a comprehensive sign usage fee of 3,000 yen, a side sign maintenance fee of 1,000 yen, a side sign electricity fee of 500 yen, and a Chuo-dori association fee of 3,000 yen. A document fee of 3,300 yen is also applicable. According to the agent notes, the management fee and other variable costs (such as electricity and water bills), as well as the sign fees, association fees, and garbage disposal fees, are borne by the tenant. However, when the property is rented out, the repair reserve fund is the owner's responsibility. If the unit becomes vacant, all these costs become the owner's responsibility. The property is managed by a third-party management company with a patrol-style building manager. The land is freehold (ownership rights), and the designated zoning is commercial district. The delivery date is negotiable upon consultation.