Commercial Investment Opportunity with 8.7% Yield in Kasuga City

This property presents a compelling commercial investment opportunity as a shop-with-residence building located in Kasuga City, Fukuoka Prefecture. The key feature is an owner change scenario offering a projected annual yield of 8.7%, with anticipated annual rental income of 1,380,000 yen. The building is situated along Naginoki Street, ensuring good visibility and access.

The property details are comprehensive. The total land area is 75.38 sqm (approximately 22.8 tsubo), with a private road area of 73.74 sqm (burden share: 1/6). The total building floor area is 101.16 sqm (approx. 30.6 tsubo). The structure is a three-story steel-framed building constructed in July 1979, making it approximately 46 years and 8 months old. The layout is a 4DK. Parking is available for one vehicle at no extra cost; the parking space is unroofed.

Critical agent notes regarding the road access situation have been translated: Special Notes/Remarks: One-sided. [Breakdown] ● West: Width 7.3m, public road, contact surface 4m, paved. The property is within an urbanization promotion area, zoned as Category II Medium-to-High-Rise Exclusive Residential District, with a building-to-land ratio of 60% and a floor area ratio of 200%. The land is flat, rectangular, and classified as residential land. The current status is tenanted. The property is offered under a general intermediary transaction.

The area of Kasuga City offers a blend of residential convenience and accessibility to Fukuoka's major attractions. An interesting local fact is that Kasuga is home to the ancient Sugu Okamoto archaeological site, one of Japan's most important Yayoi period settlements, where a famous gold-plated bronze dagger was discovered. The closest major tourist landmark is the iconic Fukuoka Tower, a 234-meter tall seaside tower offering panoramic views of Hakata Bay, located approximately a 30-minute drive away.