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Torisho
1 Chome-8ー2 Kita 1 Jonishi, Kutchan, Hokkaido 044-0051
Currently grossing 6% on the asking price, the first and second floor's are leased out to a popular South American style barbeque restaurant and bar. Yielding commercial buildings in Kutchan's downtown bar and restaurant district are rare to come to market.
Built in 1994 and well maintained, this property can continue on for many years as is. As the land this property is on is in the commercial district, it has 80% footprint and 400% floor area ratios with no height limits - offering a wide range of potential redevelopment opportunities down the line.
This property is just a 5 minute walk from the future bullet train station, and a 10 minute drive from the Park Hyatt and Hanazaono ski lifts.
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