Exclusive Listing · Japan

Apartment Building in Tomiokacho, Hakodate Commercial Property in Tomiokacho 2-chome, Japan

Two neighbouring reinforced-concrete apartment blocks sold together on freehold land in southern Hokkaido

Price
JPY 225.00M
Completion
Completed

Introduction

Hakodate is a port city in southern Hokkaido, and this sale brings two neighbouring four-storey reinforced-concrete apartment buildings to market together. The buildings contain family-sized apartments, are currently let, and stand on freehold residential land with public road frontage on two sides. One of the two buildings was renovated in 2024, and the seller is open to selling a single building. It suits an investor looking for a tenanted residential holding in a regional Japanese city.

Why This Opportunity

  • Two buildings in one sale

    Both blocks share the same unit mix of three-room and four-room apartments. A single acquisition gives a spread of tenancies.

  • Sold tenanted, one building possible

    The apartments are currently let. The seller is open to selling one building alone, so a buyer can size the purchase.

  • Freehold residential land

    The land is held freehold across two plots, with public road frontage to the southwest and northwest. Zoning is residential with a floor area ratio of 200 percent.

  • Recent renovation in one building

    One building had a large-scale renovation in 2024, while the other offers a comparison for upgrade work.

The Area

Where it is

Getting around

  • Hakodate Airport (函館空港)

    Airport · 8.8 km · 18 min drive

  • Goryokaku Station (五稜郭駅)

    Rail station · Donan Isaribi Railway Line; JR Hokkaido Hakodate Main Line · 1.9 km · 23 min walk · 5 min to Hakodate Station

  • Goryokaku-koen-mae Tram Stop (五稜郭公園前停留場)

    Tram stop · Hakodate City Tram Yunokawa Line (Routes 2 and 5) · 2.3 km · 29 min walk · 17 min to Hakodate-ekimae tram stop (Route 2)

Nearby

  • Municipal Hakodate Hospital (市立函館病院)

    Hospital (emergency) · 3.1 km · 5 min drive

  • Goryokaku Park and Tower (五稜郭公園・五稜郭タワー)

    Park and landmark · 1.6 km · 20 min walk

  • Mount Hakodate (函館山)

    Mountain and viewpoint · 12.0 km · 21 min drive

Schools

  • Kameda Elementary School (亀田小学校)

    Public elementary · Elementary (primary) · 1.2 km · 15 min walk

  • Kameda Junior High School (亀田中学校)

    Public junior high · Junior high (lower secondary) · 1.7 km · 21 min walk

  • Hakodate Commercial High School (北海道函館商業高等学校)

    Public high school · Upper secondary · 1.5 km · 19 min walk

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