A Unique Small Building Near the Kamo River Delta
This distinctive property is located just a four-minute walk east of the famous Kamo River Delta in Kyoto's Sakyo Ward. It offers a rare and memorable corner location, nestled between two diverging roads with frontage on both the north and south sides. The building itself is a compact, two-story structure with a concrete block and wood construction, presenting a unique exterior that stands out. The interior, recently renovated in 2023 by the current tenant, is cleverly utilized as a "cooking lab," equipped with a kitchen, refrigerator, and oven. A loft space serves as storage, maximizing the efficient use of the small floor area. Throughout the space, glimpses of original features like beams, ceiling boards, and concrete blocks add an interesting, nostalgic character.
Translated agent notes provide essential details: The property is a used residential building with a land area of 12.99 sqm (approx. 3.9 tsubo) and a building area of approximately 7.7 sqm (approx. 2.3 tsubo). Utilities include electricity, water supply and drainage, and city gas. It is currently tenanted under a fixed-term lease agreement of 10 years, which began in March 2023, generating a monthly rent of 44,000 yen (tax included) for business use, resulting in a surface yield of 4.8%. Important remarks confirm the property is under negotiation, a rent guarantee company is enrolled, and the 2023 renovation is complete. The land is zoned as Category 1 Residential, with a building-to-land ratio of 60% and a floor area ratio of 200%.