Land for Sale in Otaru, Hokkaido – 985.78 m² Plot
This is a land property for sale located in Nagahashi 1-chome, Otaru City, Hokkaido. The land has a total area of 985.78 square meters (approximately 298.19 tsubo) and is being offered at a price of 6,400,000 yen. The property is currently a cleared vacant lot. The site faces a south-easterly direction and has a road frontage width of approximately 25.4 meters with a 10.9-meter wide adjacent road. There is no private road maintenance obligation.
The property is currently being used as a rental parking lot with an owner-change arrangement. Among the total of 9 parking spaces, 3 are currently being rented out, with a monthly rental income of 4,500 yen per space. The property is being sold in its current condition, and there is no warranty against defects. Please note that some parts of the property cannot be used as parking spaces due to depressions, trees, and other features.
The building-to-land ratio is 60% and the floor area ratio is 200%. The land rights type is freehold (ownership). The land is classified as residential land and falls under the Category 1 Medium-to-High-Rise Residential Zone. There are restrictions under the Landscape Law and the site is within a regulated land development area. The property is located approximately 16 minutes on foot from Otaru Station on the JR Hakodate Main Line. The address is Nagahashi 1, Otaru City, Hokkaido.
