Commercial Shop-House in Sapporo's Honcho-dori Shopping District

This property is a two-story wood and steel-framed shop-house located on Honcho-dori shopping street in Sapporo's Shiroishi Ward. Built in November 1985, the building offers a total floor area of 299.59 sqm (approx. 90.62 tsubo) on a land plot of 198.8 sqm (approx. 60.13 tsubo). The property is currently tenanted and generates an annual rental income of 3,120,000 yen, representing a current gross yield of approximately 5.4%.

The layout consists of four total units. On the first floor, there are two tenant shops currently under lease. The second floor contains one vacant tenant unit and one 4LDK residential unit where the current owner resides; the residential portion is scheduled to be vacated after the sale contract is finalized. The property is situated in a commercial zone with a building-to-land ratio of 80% and a floor area ratio of 400%. The front road is over 6 meters wide and features a paid road heating system on the sidewalk.

Access is convenient, with Sapporo Municipal Tozai Line's Minami-go 7-chome Station an 8-minute walk away. Daily amenities are close by, including a Seicomart supermarket a 2-minute walk away, a FamilyMart a 3-minute walk, and a Co-op supermarket within a 7-minute walk. Honcho Elementary School is a 6-minute walk, and Minami-go Higashi Park is a 4-minute walk.

Agent Notes (Translated): The yield is the ratio of annual rental income (including common area fees, etc.) to the sale price, before deducting public charges and other expenses necessary to maintain the property. The assumed rent and assumed yield are calculated based on market rent, adding rent for vacant spaces and assuming full occupancy. Rental income is not guaranteed to be reliably obtained in the future. (Survey date: April 2, 2026). The property is currently tenanted (tenant lease contracts to be taken over). There is no parking. An inspection certificate has not been issued. Design documents are not available.