Commercial Investment Opportunity: The Second and Third Kumagai Buildings in Sapporo
This listing presents a commercial investment opportunity with the Second and Third Kumagai Buildings, a pair of connected properties located in the vibrant central ward of Sapporo, Hokkaido. Constructed in January 1989, these steel-structure buildings offer a combined total floor area of 361.12 square meters (approximately 109.23 tsubo) spread across three stories above ground. The property sits on a substantial land plot of 205.80 square meters (approx. 62.25 tsubo) and is currently fully tenanted, providing immediate rental income.
Critical agent notes regarding the road access and land shape have been provided. The property is situated on a corner lot with detailed road frontage: to the North, a 17.2-meter-wide public road with a frontage of 6.1 meters, and to the East, an 8-meter-wide public road with a frontage of 12.3 meters. This advantageous corner position enhances visibility and access. The land is designated within a Quasi-Residential zone with a building-to-land ratio of 60% and a floor area ratio of 300%. On-site parking is available for three vehicles.
