Commercial Investment Opportunity: Carres Place Uenoge in Setagaya
Presenting a prime commercial investment property, Carres Place Uenoge, located in the desirable Setagaya Ward of Tokyo. This standalone commercial building offers a highly convenient location and the potential for stable rental income. The property is situated just a 2-minute walk from Uenoge Station on the Tokyu Oimachi Line, ensuring excellent accessibility.
Key property features and agent notes have been translated for clarity. The building's facilities include a bicycle parking area and an outdoor motorcycle parking space. The land is a corner plot with road frontage: a 6.2-meter wide public road to the north and a 25-meter wide public road to the west. Further remarks highlight the investment potential: this is a single commercial building in a location with high convenience, where stable earnings can be expected. The estimated annual income is 27.65 million yen, with a surface yield of 4.8%. Constructed in July 1992, the building is in good maintenance condition. The prestigious Setagaya Ward address adds to the anticipated asset value.
The building itself is a four-story steel structure with a total floor area of 556.21 sqm (approximately 168.25 tsubo) situated on a 208.16 sqm (approx. 62.96 tsubo) plot. It contains 10 units and is currently tenanted, offering an immediate income stream. The property is freehold with full ownership rights.
