Land for Sale in Hakodate's Wakamatsu-cho
This vacant land is situated in the Wakamatsu-cho district of Hakodate City, Hokkaido. The property is currently being utilized as a monthly parking lot, accommodating three vehicles and generating an annual income of 360,000 yen, which represents a 4% yield. The site offers convenient access to the Hakodate Morning Market and is just a five-minute walk from Hakodate Station on the JR Hakodate Main Line.
The land has a registered area of 97.81 square meters (approximately 29.58 tsubo). It is zoned for commercial use, with a building coverage ratio of 80% and a floor area ratio of 400%. The site is a cleared lot with no private road burden. The road frontage is 9.4 meters wide along a 4-meter-wide street on the southeast side. The land rights are freehold. Utilities available include public water supply, public sewer, and city gas. The property is subject to regulations under the Landscape Law, the Aviation Law, and is in a quasi-fire prevention zone. The boundary line is not yet determined.
The delivery date is negotiable. This property is ideal for those looking to build in a central Hakodate location with excellent transport links and proximity to local amenities.