Low Cost, High Potential: Joetsu Investment Opportunity
Discover an exceptional investment opportunity in the scenic Joetsu area of Niigata! Located at 794-4 Takasumi, this single-story wooden building, originally constructed in August 1991 (approx. 33 years old), is being offered at the remarkably low price of just $19,000 (all purchase costs included). This presents an incredible entry point for investors looking to capitalize on its unique potential.
Measuring 41 m² (444 ft²) on a generous 196 m² (2114 ft²) plot, the property features a 1K layout, system kitchen, 1 toilet, built-in storage, a loft, monitor intercom system, and a storage shed. Its key characteristic is its history as a successful hair salon. Crucially, the property can continue to be used for business purposes as is, offering immediate operational potential for various commercial ventures, especially those benefiting from its existing layout and utilities (propane gas, electricity, city water, septic tank).
While currently configured for commercial use (note: no traditional bathroom/bathtub area is included), the property can also be converted into a residential home with the necessary change of use permits. This flexibility adds significant value, allowing investors to target either the commercial rental/operations market or the residential resale/rental market after renovation.
Strategically located in a nature-rich mountainous area with easy access to the coast, the property benefits from free on-site parking for 3 cars, essential for businesses and residents alike. Although Arimagawa Station is a 13-minute by bicycle away, the property is conveniently accessible by car, approximately a 5 minute drive from the station.
The location offers proximity to regional attractions, adding appeal for potential businesses or future residents:
The exterior has been recently re-sided, providing a refreshed look. With the property currently vacant, it’s ready for immediate acquisition and tailored renovation or business setup. This is an outstanding opportunity to acquire a commercially viable property at a fraction of typical costs, allowing for substantial value creation through operation, renovation, or conversion. Don’t miss this chance to invest in Joetsu’s potential.
Description:
The floor plan shows a 1K layout centered around a large 14-tatami Western-style room, noted as the former "Hair Salon". It includes a 4.2-tatami kitchen, a 4.5-tatami Japanese room, two separate toilet facilities, and two storage areas, including a spacious 7.2-tatami unit. This layout highlights its commercial origins and potential for versatile use.
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