Exclusive Listing · Japan
Retail in Nimacho Niman, Oda Commercial Property in Shimane, Japan
A three-storey commercial and residential building on a freehold site in a coastal Japanese city
- Price
- JPY 50.00M
- Completion
- Completed
Introduction
This property sits in Oda, a coastal city in western Japan, a short walk from the local railway line. It is a three-storey steel-frame building that combines ground-floor shop space with living accommodation above, and a rooftop terrace with views across green hills. The ground floor is let, so a buyer inherits an operating commercial tenant. The land is freehold and on-site parking is included. It suits an investor looking for a small income-producing building with flexible upper floors.
Why This Opportunity
Let from day one
The ground-floor shop space is leased and the building is sold with the tenant in place, so it comes with an existing commercial income stream to review.
Freehold land
The building stands on a registered freehold site, which gives a buyer outright ownership of the ground as well as the structure.
Roof terrace with open views
A wide rooftop terrace looks across green hills and is large enough for a group to gather. An attic room sits beside it.
Close to the railway
The local railway station is a short walk away, which supports both the shop and the residential space above.
The Area
Where it is
Getting around
Niman Station (仁万駅)
Train station · JR Sanin Main Line · 800 m · 10 min walk · 1 h 59 min to Matsue Station
Odashi Station (大田市駅)
Train station · JR Sanin Main Line · 12.7 km · 11 min drive · 55 min to Matsue Station by limited express
Izumo Enmusubi Airport
Airport · 60.1 km · 50 min drive
Nearby
Nima Sand Museum (仁摩サンドミュージアム)
Museum, home of the world's largest sand clock · 900 m · 11 min walk
Kotogahama Beach (琴ヶ浜)
Beach · 3.4 km · 7 min drive
Oda Municipal Hospital (大田市立病院)
Regional general hospital (disaster base hospital) · 11.5 km · 23 min drive
Schools
Nima Elementary School (市立仁摩小学校)
Public elementary school · Primary · 1.4 km · 18 min walk
Shimane Prefectural Nima High School (島根県立邇摩高等学校)
Public high school · Senior high · 210 m · 3 min walk
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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.