Spacious Mixed-Use Apartment Building in Central Sapporo
This substantial apartment building, constructed in September 1985, presents a significant investment opportunity in the heart of Sapporo, Hokkaido. The property features a total floor area of 1,584.16 sqm across four stories and sits on a generous land plot of 1,269.75 sqm. It is currently a well-occupied asset with 39 of its 41 units tenanted, offering immediate rental income. The unit mix comprises three commercial shop spaces, one 1K unit, and thirty-eight 1DK apartments, catering to a diverse range of residents and businesses.
Critical agent notes provide essential details. The building's equipment and facilities include heating, hot water supply, private toilets, combined bath and toilet units, showers, indoor laundry machine space, and a bicycle parking area. Special notes on road access detail a two-sided road frontage (excluding corner lots): to the north, a 10.9-meter wide public road with a 32.4-meter frontage and no designated position; to the west, a 4-meter wide private road with a 39.1-meter frontage with a designated position. Further remarks confirm this is an all-electric property. A major exterior renovation was completed in Heisei 30 (2018). The property includes parking for 30 vehicles at a rate of 5,500 yen per space.