Commercial and Residential Property with Existing Rental Income in Chigasaki, Kanagawa
This property is a three-story steel-framed building located in Chigasaki City, Kanagawa Prefecture. Constructed in August 1988, it offers a versatile combination of commercial and residential space with a total floor area of 317.20 sqm (approx. 95.95 tsubo) on a land area of 188.21 sqm (approx. 56.93 tsubo). The building is situated in an Urbanization Area zoned as Category II Residential District.
Facilities and equipment include city gas, separate bath and toilet areas, two toilets, a shower, a re-heating function for the bath, an indoor washing machine space, and storage space. A critical feature is the existing rental income. The property currently generates an annual income of 2,904,000 yen (tax included) from a rent of 210,000 yen (Villa) plus 10,000 yen (signage), yielding a current return of approximately 4%. It is noted that if the entire building from the 1st to 3rd floors is utilized, the projected annual income rises to 6,744,000 yen with a yield of 9.36%. For inquiries, please contact the agent in charge: Nikaido (080-5966-2910).
The property is located in the Shimochaya district of Chigasaki, a coastal city known for its relaxed atmosphere and excellent surfing conditions. An interesting local fact is that Chigasaki is famously associated with the late musician Kyu Sakamoto, who sang the global hit "Ue o Muite Arukou" (known internationally as "Sukiyaki"). The area is also a gateway to the Shonan coast. The closest major landmark is the iconic Enoshima Island, a popular tourist destination known for its shrine, sea caves, and panoramic views, accessible via a short train or bicycle ride from Chigasaki Station.
