Exclusive Listing · Japan

Apartment Building in Atami Commercial Property in Atami, Japan

A whole-building sale in a hot spring resort town, with ocean-facing balconies, private hot spring access and tenants in place.

Price
From JPY 200.00M

Introduction

Atami is a long-established hot spring resort town on the Japanese coast, and this offering is a whole building rather than a single flat. It is a five-storey reinforced concrete apartment block built in 1992, on land of about 407 square metres with about 1,167 square metres of building area. Each unit has its own hot spring access and an ocean-facing balcony, and the building is a short walk from a rail station. Most of the units are already let, so it suits an investor who wants control of an entire income-producing asset.

Why This Opportunity

  • Individual hot spring access in every unit

    Each unit has its own hot spring access, an uncommon feature that sets the building apart in a resort town known for its baths.

  • Ocean-facing balconies and sea views

    Balconies face the ocean, with views toward the bay and the local fireworks festival described in the listing.

  • Whole-building ownership with land

    The land right is ownership, and the sale covers the entire building on about 407 square metres of land, not a single flat.

  • Already largely occupied

    All but one of the units are currently tenanted, so the building is not a vacant shell and the buyer inherits an existing tenancy position.

  • Short walk to the station

    The building is about a 4-minute walk from a JR station, which suits residents and tenants without a car.

  • One parking space per unit

    Parking is provided at one space per unit, a practical advantage on a hillside coastal street where space is tight.

The Area

Where it is

Getting around

  • Kinomiya Station (来宮駅)

    Train station · JR East Ito line · 4 min walk · 1 h 58 min to Tokyo Station

  • Atami Station (熱海駅)

    Train station · JR Central Tokaido Shinkansen, JR Central Tokaido line, JR East Tokaido line, JR East Ito line · 1.5 km · 19 min walk · 41 min to Tokyo Station

  • Jukkoku Pass Cable Car (Sanroku Station) (十国峠ケーブルカー山麓駅)

    Train station · Jukkoku Cable Line · 4.1 km straight-line

Nearby

  • MaxValu

    Supermarket · 380 m straight-line

  • Lusca

    Shopping mall · 1.6 km · 4 min drive

  • Atami-Onsen Hospital

    Hospital · 250 m straight-line

  • Tokoro Memorial Hospital

    Hospital · 840 m straight-line

  • Atami Beach Park

    Park · 980 m straight-line

  • Shokenkai Atami Onsen Hospital (翔健会熱海温泉病院)

    Hospital · 490 m · 6 min walk

  • Atami Geigi Kenban Kaburenjo (熱海芸妓見番歌舞練場)

    Attraction · 740 m · 9 min walk

Schools

  • Daichi Elementary School

    Elementary school · ages 6–12 · 330 m straight-line

  • Momoyama Elementary School

    Elementary school · ages 6–12 · 1.0 km straight-line

  • Atami Junior High School

    Junior high school · ages 12–15 · 1.0 km straight-line

  • Atami Kindergarten (熱海幼稚園)

    Kindergarten · ages 3–6 · 360 m · 5 min walk

  • Chuo Nursery (中央保育園)

    Nursery · ages 0–6 · 750 m · 9 min walk

  • Daiichi Elementary School (市立第一小学校)

    Elementary school · ages 6–12 · 360 m · 4 min walk

  • Fuji Nursery (富士保育園)

    Nursery · ages 0–6 · 1.0 km · 13 min walk

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