Exclusive Listing · Japan
Office in Naka-ku, Yokohama Commercial Property in Hinodecho 1-chome, Japan
A fully occupied, steel-frame eight-storey building renovated in 2020, one minute from a station in the central ward.
- Price
- From JPY 398.00M
Introduction
Yokohama's central ward lies close to the port and waterfront districts, and this building stands one minute on foot from a station, with a second line seven minutes away. It is an eight-storey steel-frame building completed in 1979, with about 626 square metres of floor area on freehold commercial land of about 117 square metres; it is sold whole and is fully occupied. It was renovated back to its frame in 2020, including exterior walls, roof waterproofing, a new lift and an auto-lock entrance. Commercial zoning allows a floor area ratio of 600 per cent. It suits an investor seeking a let building by a station.
Why This Opportunity
One minute from a station
The nearest station is a one-minute walk and a second line is seven minutes, so both lines are within reach of the building.
The whole building, fully occupied
All the apartments are occupied at present, so the purchase is of a working building with existing tenants and not an empty shell.
Renovated to the frame in 2020
The 2020 works covered exterior wall repair, roof waterproofing, a replacement lift and a new auto-lock entry system, the items that usually weigh most on a 1979 building.
Commercial zoning with a high floor area ratio
The lot is zoned commercial with a building coverage ratio of 80 per cent and a floor area ratio of 600 per cent, which allows a tall building on a small site.
Freehold land and building
The land right is ownership, so a buyer holds the land and the building outright, with no leasehold term to run down.
The Area
Where it is
Getting around
Sakuragicho Station (桜木町駅)
Train station · JR East Negishi line (Keihin-Tohoku line through service); Yokohama Municipal Subway Blue line · 990 m · 2 min drive · 33 min to Tokyo Station
Kannai Station (関内駅)
Train station · JR East Negishi line (through service to Keihin-Tohoku line); Yokohama Municipal Subway Blue line · 1.9 km · 3 min drive · 35 min to Tokyo Station
Takashimacho Station (高島町駅)
Metro station · Yokohama Municipal Subway Blue Line · 2.1 km · 4 min drive · 35 min to Tokyo Station
Nearby
Arima Hospital (有馬病院)
Hospital · 840 m · 2 min drive
Nomura Hospital (野村病院)
Hospital · 1.4 km · 3 min drive
My Basket
Supermarket · 650 m · 1 min drive
Schools
Yokohama Renge Kindergarten (横浜れんげ幼稚園)
Kindergarten · ages 3–6 · 1.2 km · 2 min drive
Kogenji Nursery (光源寺保育園)
Nursery · ages 0–6 · 1.6 km · 3 min drive
Tobe Kindergarten (戸部幼稚園)
Kindergarten · ages 3–6 · 1.7 km · 3 min drive
Kotobuki Welfare Centre Nursery (寿福祉センター保育所)
Nursery · ages 0–6 · 1.8 km · 4 min drive
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