Takesato Bunka Kaikan Building / Office & Retail Building, Kasukabe photo 1

Outdoor: Exterior

Takesato Bunka Kaikan Building / Office & Retail Building, Kasukabe photo 2

Indoor: Interior

Takesato Bunka Kaikan Building / Office & Retail Building, Kasukabe photo 3

Indoor: Interior

Takesato Bunka Kaikan Building / Office & Retail Building, Kasukabe photo 4

Indoor: Interior

Takesato Bunka Kaikan Building / Office & Retail Building, Kasukabe photo 5

Indoor: Interior

Takesato Bunka Kaikan Building / Office & Retail Building, Kasukabe photo 6

Indoor: Interior

Takesato Bunka Kaikan Building / Office & Retail Building, Kasukabe photo 7

Indoor: Common Areas

Takesato Bunka Kaikan Building / Office & Retail Building, Kasukabe photo 8

Indoor: Common Areas

Takesato Bunka Kaikan Building / Office & Retail Building, Kasukabe photo 9
Takesato Bunka Kaikan Building / Office & Retail Building, Kasukabe photo 10
Takesato Bunka Kaikan Building / Office & Retail Building, Kasukabe photo 11
Takesato Bunka Kaikan Building / Office & Retail Building, Kasukabe photo 12
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Takesato Bunka Kaikan Building / Office & Retail Building, Kasukabe

Saitama - Kasukabe-shi

Price¥176m
TypeOffice Building
Area224.14 m²
Bed-
Bath-
Back Property

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Property Information

A 5-storey reinforced concrete tenant building for shops and offices (registered as 7 storeys, including a penthouse and an elevator machine room), a 1-minute walk from Takesato Station on the Tobu Skytree Line. It is sold with the existing tenancies (owner change) and is currently fully leased. The land is held under an old-law leasehold (kyu-ho shakuchi-ken) until 30 September 2043; it is not freehold. - Price: ¥176,000,000; gross yield 8.9% (annual income ¥15,669,016: ¥13,068,000 from the shop/office space and ¥2,601,016 from rooftop antennas etc., per the listing materials). The yield is calculated before taxes, common-area charges and other holding costs, and rental income is not guaranteed in the future - Land rights: old-law leasehold until 30 September 2043; ground rent ¥1,220,400 per year (per the listing materials) - Access: Takesato Station (Tobu Skytree Line) 1 minute walk - Building: reinforced concrete, completed 30 November 1985; shops and offices; total floor area 896.48㎡ (registered; 1F–5F 174.08㎡ each, 6F penthouse 13.88㎡, 7F elevator machine room 12.20㎡). The floor plan in the listing materials shows approx. 154.82㎡ (approx. 46.8 tsubo) on each of 1F–5F; only 1F has a separate entrance - Maintenance: elevator renewal (2018), high-voltage electrical equipment renewal (2021), rooftop waterproofing and exterior wall repair/waterproofing (2021), per the listing materials - Land: 224.14㎡; corner lot facing a public road approx. 14.9 m wide on the north and a public road approx. 6 m wide on the east - Utilities: city gas, public water, septic tank (connected to the public sewer); elevator - Zoning: commercial zone, building coverage 80% (90% with the corner-lot relaxation), floor area ratio 400%; landscape ordinance; area designated under Articles 22 and 23 of the Building Standards Act - Current status: fully leased (owner change; the buyer must take over the existing lease agreements); handover immediately

Transportation

Takesato

1 minute walk(Isesaki Line)

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Features

Elevator

Other Information

Land Area224.14 m²
Land RightLeasehold
ZoningCommercial
Building Area Ratio80%
Facility Orientation-
StructureReinforced Concrete (RC)
Ground Level Floors5
Building Area896.48 m²
Available From-
Floor Area Ratio400%
Transaction TypeBrokerage
Year Built1985
Underground Floors-
Total Units/ Guest Rooms-

Floor Plan

Floor Plan

Monthly Expenses

Management Fee-
Repair Reserve Fund-
Car Parking-
Bicycle Parking-
Others-
Total-

Pricing & Expenses

176,000,000

USD: $1,108,800.00

Price Per Sqm: 785,223.52

All real estate transactions will be settled in Japanese yen (JPY).

USD equivalent (indicative only)

Rate type: Variable (indicative reference rate)

Exchange rate: 1 USD = 158.73 JPY

Reference year: 2026

Exchange rates fluctuate. The USD figures shown use the reference rate and year above for illustration only.

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¥176,000,000

USD: $1,108,800.00

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