Commercial Apartment Building in Sapporo's Popular Odori Area
This commercial apartment building, constructed in January 2008, presents a significant investment opportunity in the heart of Sapporo, Hokkaido. The property is an 11-story above-ground, 1-story below-ground reinforced concrete (RC) structure with a total floor area of 861.29 sqm (approximately 260.54 tsubo) and sits on a land plot of 166.61 sqm (approximately 50.39 tsubo). The building contains 21 units and is situated in a commercial zone, offering flexibility for various uses.
The property's equipment and facilities are comprehensive. It features propane gas supply, fan-forced (FF) heating, an elevator, and separate bath and toilet areas. For resident convenience, it includes an indoor washing machine space, storage areas, an auto-lock security system, a bicycle parking area, and an outdoor motorcycle parking space. Special notes on road access detail that the property fronts a 20-meter wide public road to the north, with a road frontage of 12.7 meters, accessed from one side.
Critical agent remarks highlight the building's prime location in the popular Odori (大通) area, within walking distance to the city center. The property is approved for minpaku (private lodging) registration, and several hospitals are located nearby. Its commercial zoning allows for versatile applications, including use as a company dormitory or with a combined first-floor office space. The sale comes with management conditions attached, and the property is currently tenanted, offering immediate rental income.
The area is one of Sapporo's most vibrant, centered around Odori Park, a massive strip of green space that hosts famous annual events like the Sapporo Snow Festival. A major nearby landmark is the Sapporo TV Tower, an iconic observation tower at the eastern end of Odori Park that offers panoramic views of the city and the surrounding mountains.