Land for Sale in Ōfunato, Iwate: Ideal for Storage Yard Use with Existing Structure
This listing presents a substantial plot of land totaling 830.97 sqm (approximately 251.36 tsubo) in the Matsuzakichō Tsurumaki area of Ōfunato City, Iwate Prefecture. Priced at a remarkably low 200,000 JPY, the land is highlighted as being well-suited for use as a storage yard for materials. The property is situated in a non-designated urban planning area with a building coverage ratio of 60% and a floor area ratio of 200%.
Critical agent notes, translated from the Japanese, provide essential details. The property is described as being effectively a seller-owned property (the real estate company president's family home). There is an existing old house on the land measuring 46 square meters. Importantly, an application under Article 5 of the Agricultural Land Law is required for the transaction, indicating the land is currently registered as farmland. The property is available for immediate handover.
The location offers convenient access, being an 8-minute walk from the nearest train station. The area is served by local institutions including Matsuzaki Elementary School and Matsuzaki Junior High School. For daily needs, a Lawson convenience store is located approximately 1.7km away.
The Ōfunato area, part of Iwate's scenic Sanriku Coast, is renowned for its rugged rias coastline and deep, sheltered bays. An interesting local fact is that Ōfunato Bay is one of the deepest natural harbors in Japan. The closest major tourist attraction is the stunning Goishi Coast, known for its unique pebble beaches and dramatic rock formations, located a short drive away and offering spectacular ocean views.