Retro Building in Saiin

Live and Become a Landlord

This building offers a unique opportunity to live on the premises while renting out the office spaces. The 1st and 2nd floors are office spaces, while the 3rd and 4th floors (combined as a single unit) are residential areas. You can rent out the office spaces while living on the upper floors. Currently, the 2nd floor is rented out, while the 1st, 3rd, and 4th floors are vacant.

Built around 40 years ago, this steel-structured building features retro orange tiles that exude a nostalgic charm. Conveniently located just a 6-minute walk from Hankyu Saiin Station, the building is situated along Takatsuji Street.

AREA

The property is located slightly west of Takatsuji-Nishioji, on the northern side. The Saiin Station area is a bustling neighborhood with numerous restaurants and vibrant activities.

PLAN

The 1st floor is a tenant space equipped with a small kitchenette and an accessible restroom. The 2nd floor is currently rented out. The 3rd and 4th floors feature a spacious 4 rooms+LDK layout and a large balcony.

Whether you decide to rent out all the spaces as an investment property or use it as your home and office, this building offers versatile possibilities.

Investment Potential

2nd Floor (Currently Tenanted): Rent 94,500JPY/month

1st Floor (Vacant): Projected Rent 150,000JPY/month

3rd & 4th Floors (Vacant): Projected Rent ¥150,000JPY/month

Projected Annual Income: 4,734,000 JPY

※Please note that the current rental income and projected rents are not guaranteed to remain consistent in the future.

※Withholding tax (20.42% of the rental income) will be incurred for non-resident owner who does not live in Japan if the property is leased out for non-residential use.

PHOTOS

Facade & Stairs

1F

2F

3F & 4F

VIRTUAL TOUR

Drag/Swipe the screen, or click the arrows on the screen to tour.

DETAILS

Property Price	65,800,000 JPY (Approx. USD *1JPY= USD)
Type & Conditions	Income-Generating Old Building
Location	6-3 Saiin-Hiramachi, Ukyo Ward, Kyoto
Transportations	approx. 6 min. walk from Hankyu Kyoto-line "Saiin Sta." Exit 2
Land Area	【Registered】74.49sqm
Private Street Area Included	N/A
Floor Area	【Registered】1F: 56.44sqm, 2F: 56.32sqm, 3F: 54.00sqm, 4F: 49.95sqm, Total: 216.71sqm
Adjoining Street	Street width: 10.17m (public street), Frontage: 5m, Direction: South (approx. number)
Building Structure	4 Storey Steel House
Building Date	July 1982
Legal Restrictions	31m / Category 1 Height Control District, Quasi-Fire Prevent District, Roadside Type Aesthetic Formation District Trunkline Zone, Outdoor Advertisement Roadside Type Category 5 Regulatory District, Distant View Preservation Zone, Urban Function Attraction Area, Residence Attraction Area, Established Urban Area, Housing Land Development Construction Regulated Area
Size	1 Room × 2 Units (1F, 2F), 4 Rooms + LDK × 1 Unit (3F+4F)
Public Utility	Electricity, Water Plumbing In/Out, City Gas
Land Use District	Commercial District
Handover	Immediately
Current Situation	2F: Tenanted 1F, 3F+4F: Vacant
Building Coverage Ratio	80%
Floor Area Ratio	600%
Land Category	Residential Land
Land Tenure	Title
Geographical Features	Flatland
City Planning Act	Urbanization Promotion Area
Notification According to National Land Utilization Law	Not Required
Elementary School	Saiin Elementary School (approx. 10 min. walk/750m)
Junior High School	Saiin Junior High School (approx. 3 min. walk/180m)
Transaction Terms	Hachise as a Broker (Agent commission required when concluding contract)
Remarks	※The lessee's deposit (such as guarantee deposit, etc.) is included in the property price. Deposits will not be passed from the seller to the buyer.
	※Please note that we cannot show you the interior of the tenated unit.
	※The property will be handed over as is.
Sales Representatives	(EN) Boa Zhang / Aya Kito / Kae Motokado / Ren Tamai (JP) Hiroyasu Fukui
Information updated	Nov. 18, 2024
Information will be updated	Dec. 2, 2024