Prime Development Land in Otaru, Hokkaido
This prime development land is located in the Inaho 4-chome area of Otaru City, Hokkaido. The property is a vacant lot with a generous land area of 245.47 square meters (approximately 74.25 tsubo), offering significant potential for residential or commercial development. The site is conveniently situated within a 7-minute walk from the Otaru Station on the Hakodate Main Line, providing excellent access to regional transportation.
Critical property details from the agent notes include the following translations. The '接道状況詳細' (Special Notes/Remarks) states: 'One-sided road, northeast, width 25m, public road, frontage 10m, no designated location.' The '備考1' (Special Notes/Remarks) is: 'B22060-002654'. The land is designated as residential land within the Urbanization Area and a Quasi-Industrial District, with a building-to-land ratio of 80% and a floor area ratio of 300%. There are no specific building conditions attached to the land, and it is ready for immediate handover, making it a straightforward development opportunity.
The area of Otaru is a historic port city famous for its well-preserved canal district, charming stone warehouses, and glassworks. An interesting fact is that Otaru was once the financial center of Hokkaido in the early 20th century, earning it the nickname 'The Wall Street of the North.' The closest major landmark is the iconic Otaru Canal, a beautifully preserved waterway lined with vintage warehouses that now house restaurants, shops, and museums, creating a picturesque and popular tourist destination.
