Discover an exceptional investment opportunity with this fully occupied, five-story commercial building strategically located in Higashishinsaibashi, Chuo Ward, Osaka. Built in 1972, this steel-structured property boasts a total floor area of 250.49 sqm and a land size of 62.11 sqm, situated on Europe-dori (ヨーロッパ通り). It features immediate access to public transportation, being only a 6-minute walk from Shinsaibashi Station on the Osaka Metro Midosuji Line and a 5-minute walk from Nagahoribashi Station on the Osaka Metro Nagahori Tsurumi-ryokuchi Line, ensuring high foot traffic and tenant demand. The building currently generates a robust annual rental income of JPY 23,760,000, yielding an attractive 6.5% surface return. Recent interior renovations, estimated at approximately JPY 20,000,000, enhance its appeal and value. The current tenants include diverse businesses, contributing to the steady income stream: the first floor houses a popular ramen shop, the second floor a stylish shisha bar, and the third and fourth floors are designated for short-term rental accommodations (民泊). The property's prime location in Osaka's bustling entertainment and commercial district ensures high occupancy and growth potential. With Osaka being a major economic hub and a popular tourist destination, this fully leased commercial building represents a secure and promising asset for savvy investors seeking stable rental returns and capital appreciation.
