Warehouse Investment Opportunity in Omuta City with Existing Tenant
This property presents a unique investment opportunity as a currently leased warehouse located in Omuta City, Fukuoka Prefecture. The building, named "Tendo-cho Warehouse," is a steel-framed structure built in March 1976, making it approximately 50 years old. It spans two stories above ground with a total floor area of 259.66 square meters (approximately 78.54 tsubo). The land area is 164.36 square meters (approximately 49.71 tsubo) and is designated as residential land within a City Planning Area's urbanization zone and a Category II Residential District.
Critical agent notes have been translated and provide essential details. The Special Notes/Remarks on Road Access state: "One-sided [Breakdown] ● Northeast Width 13m Public road Adjoining surface 9m Paved." Furthermore, the Remarks specify: "Currently leased for 66,000 yen/month." The property is an owner-change transaction, meaning the current owner is selling the building with the tenant in place. The projected annual yield is 13.2%, with an estimated annual income of 792,000 yen. It is important to note the property lacks an internal toilet but has an external water supply. The current status is tenanted, and the transfer timing is negotiable. Two free parking spaces with roofs are available on-site.
The warehouse is situated in the Tendo-cho area of Omuta City. Omuta is a historic city in southern Fukuoka, known for its industrial heritage from the coal mining era. An interesting local fact is that the city's iconic symbol, the "Omuta Coal Industry and Science Museum" (also known as the Big Palette Omuta), is built on the site of a former coal mine pit and features a giant Ferris wheel. The area offers convenient access, with the property being a 5-minute walk from the Tendo Kominkan-mae bus stop. For major travel connections, the nearest significant station is the JR Kagoshima Main Line's Omuta Station.