This exceptional five-story RC (Reinforced Concrete) building, known as Kyoto Building, presents a rare investment opportunity in Kyoto's historic Higashiyama-ku. Built in June 1987, this mixed-use property boasts excellent visibility, situated directly facing the bustling Higashioji-dori, making it highly attractive for both commercial and residential tenants. The property is ideally located at Furumonzen-dori Yamatooji Higashi-iru 4-chome Ishibashicho 296-3, Kyoto City. It's just a 5-minute walk from Higashiyama Station on the Kyoto Municipal Subway Tozai Line and a 10-minute walk from Gion-Shijo Station on the Keihan Main Line, ensuring superb accessibility for residents and visitors alike. The building comprises a total area of 334.31 sqm, standing on a land area of 108.55 sqm. Currently, the first floor (75.49 sqm) previously housed a popular sushi restaurant, while the second through fifth floors (75.49 sqm, 70.09 sqm, 71.64 sqm, 41.60 sqm respectively) have been utilized as residential units. This versatile layout makes it suitable for various business ventures on the ground floor, complemented by steady rental income from the upper residential floors. One of its most compelling features is its proximity to significant landmarks and daily conveniences. It's approximately 350 meters straight down the street from Yasaka Shrine, the head shrine of the Gion Festival, offering cultural appeal. Essential amenities are within easy reach: a convenience store is about 100 meters away, a bank around 200 meters, and a post office approximately 170 meters. This property is zoned for commercial use within an urbanization promotion area, with a building coverage ratio of 80% and a floor area ratio of 400%, reflecting its high development potential. The property is currently vacant, allowing for immediate occupancy or renovation, and no parking spaces are available. This is a unique chance to acquire an income-generating property in a highly sought-after, historically rich district of Kyoto.
