Land for Auction in Shibukawa, Gunma
This is a land property located in Shibukawa, Gunma, currently being offered through a court auction. The property consists of two parcels of land. The first parcel has a registered area of 545.82 square meters and is categorized as residential land. The second parcel has a registered area of 75.01 square meters, also categorized as residential land. The total land area is approximately 620 square meters. The zoning for both parcels is commercial, and the current usage is a vacant lot. The building-to-land ratio is 80%, and the floor area ratio is 400%. The property is located in the Ikaho area of Shibukawa, known for its hot springs. Access is approximately 9.4 kilometers west of JR Joetsu Line Shibukawa Station by road. The base bid price is 5,370,000 yen, with a minimum bid price of 4,296,000 yen. The earnest money deposit required is 1,074,000 yen. The sale type is a sealed bid auction, with a bid period from June 30, 2026, to July 7, 2026. The sale decision is scheduled for August 4, 2026. This property is being sold through a court auction, and potential buyers should be aware of the associated procedures and costs.
