Exclusive Listing · Japan
A let, multi-storey residential block on freehold land in a regional Fukui city
Sabae is a regional city in Fukui Prefecture, and this property sits on a quiet residential street within a short walk of a local railway station and a bus stop. It is a whole apartment building in reinforced concrete, with three storeys above ground and one below, completed in the late 1980s and offering layouts from single-person to family types. The freehold site faces a public road along one side, and the building has on-site parking and covered bicycle storage. It suits an investor looking for a let residential holding outside the major metropolitan markets, sold with its tenants in place.
Why This Opportunity
The building is leased and the sale is a change of owner, so a buyer takes on an occupied building with a handover date that can be agreed.
Building and ground are owned together outright, with no ground lease to negotiate or renew.
The unit mix runs from single-person layouts to family types, so the building is not tied to one tenant profile.
A convenience store, a nursery school and a bus stop are all within a short walk, which suits long-term residential tenants.
The Area
Getting around
Komatsu Airport (小松空港)
Airport · 63.9 km · 2 h 8 min drive
Shinmei Station (神明駅)
Railway station · Fukui Railway Fukubu Line · 1.0 km · 13 min walk · 40 min to Fukui Station
Sabae Station (鯖江駅)
Railway station · Hapi-Line Fukui Line · 4.8 km · 10 min drive · 15 min to Fukui Station
Nearby
Valor Shinmei Store (バロー神明店)
Supermarket · 2.9 km · 6 min drive
Nishiyama Park (西山公園)
Park and zoo · 3.5 km · 7 min drive
Kōritsu Tannan Hospital (公立丹南病院)
Hospital with ER · 860 m · 11 min walk
Schools
Sabae Municipal Chuo Junior High School (鯖江市立中央中学校)
Public junior high school · Junior high (ages 12-15) · 1.2 km · 15 min walk
Sabae Municipal Shinmei Elementary School (鯖江市立神明小学校)
Public elementary school · Elementary (ages 6-12) · 1.4 km · 17 min walk
Fukui Prefectural Sabae High School (福井県立鯖江高等学校)
Public high school · High school (ages 15-18) · 5.2 km · 10 min drive
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