Mixed-Use Property in Utsunomiya, Tochigi Prefecture

This property, located in Yoshino 2-chome, Utsunomiya City, Tochigi Prefecture, is a two-story wooden building constructed in July 1966. It serves as a combined shop and residence, offering a total floor area of 113.71 square meters on a land plot of 153.86 square meters. The property is situated in a corner lot position, with road frontage details as follows: to the west, it faces a 10-meter-wide public road with 10 meters of frontage; to the south, it faces a 10.5-meter-wide public road with 16 meters of frontage. The land is classified as residential land within an urbanization promotion area, designated for a neighboring commercial district. The building coverage ratio is 80%, and the floor area ratio is 200%. The property is currently tenanted, generating a monthly rental income of 50,000 yen, which includes one parking space. Additionally, an extra parking space is rented out for 5,000 yen per month. This is an owner-change property, offering a yield of 9.42%. The property is within a 6-minute walk from Minami-Utsunomiya Station on the Tobu Utsunomiya Line. The title is freehold, and the property is under a designated exclusive brokerage agreement.