Investment Opportunity: Apartment Building in Sendai's Takadai Ward
This listing presents a commercial investment property: a four-unit apartment building named "Cope Nosouen" located in the Takadai ward of Sendai City, Miyagi Prefecture. The property is being sold as land with an existing structure. The building itself was renovated in the past but is now slated for demolition. The demolition cost, estimated at 1.6 million yen, will be the responsibility of the buyer. Alternatively, if the buyer chooses to keep and use the existing building, they will inherit the current tenancy agreements.
The property's facilities include propane gas, air conditioning, hot water supply, a separate bath and toilet, an indoor space for a washing machine, and storage space. The land plot is a flat, 165.28 square meter parcel within an urbanization area zoned for second-category medium-to-high-rise exclusive residential use. It has road frontage on the northwest side, facing a 6-meter wide public road with a 15-meter contact line. No specific positional designation is required for this plot.
The building is a two-story, lightweight steel structure built in December 1987, with a total floor area of 94.38 square meters. The property includes parking for two vehicles at a monthly fee of 5,000 yen per space. The land is currently under leasehold, and the building is tenanted. The transaction is handled as an exclusive intermediary sale.
The area, Takadai, is a residential ward in Sendai known for its green spaces and suburban feel. An interesting local fact is that Sendai is nicknamed the "City of Trees" due to the vision of its founding feudal lord, Date Masamune, who encouraged tree planting. The closest major landmark is the historic site of Sendai Castle (Aoba Castle), which offers panoramic views of the city and is a popular tourist destination for its connection to the Date samurai clan.