Sold
Akakura Kokuyo Ryokan
Akakura, Myoko, Niigata 949-2111
The Kokuya Ryokan is located in the middle of the thriving Akakura Ski resort town just one block off the Akakura 'Ginza' street.
- Originally constructed in 1950 with renovations and extensions undertaken in 1964 & again in 1973
- 16 Japanese Ryokan style rooms with large Onsen Bathrooms
- Onsen usage rights do not come with the property but can be rented at approximately 300,000yen per year per line
- Total building size 759.98 sqm
- Yearly property taxes are approximately 109,000yen for building and land.
- Land size 676 sqm
- The business was closed down in 2007 and the building has not been used since then
- Constructed with Concrete Foundations, reinforced concrete, steel and wooden frames
- Roof requires replacing at a cost of roughly 5.0 million yen
- Fantastic development potential in a much sought-after area of Akakura