Commercial Property with Rental Income in Kitakyushu's Yahatanishi Ward

This commercial property, located at 7-21 Chayano-hara 2-chome, Yahatanishi Ward, Kitakyushu City, Fukuoka Prefecture, presents a solid investment opportunity. The building, constructed in February 1975, is a single-story wooden structure with a total floor area of approximately 109.55 square meters (about 33.13 tsubo). The land area is a substantial 382.62 square meters (about 115.74 tsubo), offering ample space. The property is currently tenanted, providing immediate rental income for the new owner.

Critical agent notes provide essential conditions and details. The access situation is detailed as follows: the property has road frontage on two sides. The breakdown is: West side, an 8-meter wide public road, and North side, a 6-meter wide public road. Furthermore, a crucial remark states that the seller's condition for the transaction is that their company manages the property. The management fee is set at 7% (excluding tax) of the actual income received.

The property is situated in a First Category Residential zone within an urbanization promotion area. It is conveniently located within a 23-minute walk from the Chikuho Electric Railway Kusahashi Station. The Yahatanishi area of Kitakyushu is a well-established residential and commercial district, known for its blend of urban convenience and access to natural surroundings. An interesting local fact is that Kitakyushu was formed in 1963 through the merger of five cities, making it a planned city designed for industrial and logistical prowess. The closest major landmark is the iconic Kawachi Fuji Garden (also known as the Kawachi Wisteria Garden) in neighboring Yahatahigashi Ward, famous for its breathtaking, tunnel-like displays of wisteria flowers in spring.