Discover an exceptional investment opportunity in the heart of Osaka's vibrant Chuo Ward. This freehold commercial building, known as 'Nishi Shinsaibashi One-Building Store,' is strategically located just a two-minute walk from Shinsaibashi Station on the Osaka Metro Midosuji Line, ensuring unparalleled accessibility and high foot traffic. Situated in a prime, sought-after area of Shinsaibashi, the property boasts excellent visibility, making it ideal for a wide range of retail, restaurant, or service businesses. Constructed in 1949, this two-story wooden-tiled building has undergone significant and comprehensive renovations in recent years. Key improvements include front reinforcement and beautification in March 2020, major staircase and rear exterior wall renovations in March 2021, along with the installation of a new emergency door and plumbing work. A complete roof renovation was also carried out in April 2021, ensuring the building is well-maintained and ready for continued operation. The property is designated within an Urbanization Promotion Area and a Commercial Zone, allowing for a high building coverage ratio of 80% and a floor area ratio of 500%, providing flexibility for future modifications or redevelopment projects, subject to local regulations. It is currently leased to a children's clothing retail business with a stable 10-year fixed-term contract commencing April 2021, generating a monthly rental income of JPY 550,000, offering immediate returns for investors. This rare opportunity to acquire a well-located, recently renovated commercial asset in one of Osaka's most dynamic districts is not to be missed.
