KG Building is a fully occupied commercial investment property located in Higashi Ward, Sapporo.

The property is conveniently situated approximately an eight-minute walk from Kita 34-jo Station on the Sapporo Municipal Subway Namboku Line, providing convenient access to central Sapporo.

Priced at JPY 133,000,000, the property generates an estimated monthly rental income of JPY 928,844 and an estimated annual rental income of JPY 11,146,128. This represents a gross yield of approximately 8.38%.

Built in January 1991, the property is a three-story steel and reinforced concrete building with one basement level. It is currently fully occupied by two commercial tenants and has a total floor area of 844.66 m².

The property comprises two freehold land parcels with a combined area of 615.33 m². Parcel A has an area of 342.61 m², while Parcel B has an area of 272.72 m².

The land is located within an Urbanization Promotion Area and is divided between Neighborhood Commercial and Category I Residential zoning. The applicable building coverage ratios are 80% and 60%, while the floor area ratio is 200% for both zoning areas.

Parcel A faces a public road approximately six metres wide to the north and another public road approximately 15.91 to 21.45 metres wide to the west. Parcel B also faces a public road approximately six metres wide to the north.

The property will be sold based on the registered property area and transferred in its current condition. The sale is subject to continuation of the existing property management arrangement, and the handover date is negotiable.