
Outdoor: Exterior
CREO V Building / Retail & Office Building, Mito
Ibaraki - Mito-shi
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CREO V Building / Retail & Office Building, Mito
Ibaraki - Mito-shi
Sale Price
¥200,000,000
Area
299 m²
Bed
-
Bath
-
Property Type
Office Building
Listed On
September 23, 2026
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Property Information
A 4-storey steel-frame retail and office building completed in March 2001, facing Ekinan Chuo-dori Avenue (approx. 28 m wide) in Motoyoshidacho, Mito. Two parking lots (27 and 6 spaces) are included in the sale. Currently leased. - Price: ¥200,000,000 (tax included); gross yield 5.14% at current occupancy and 7.65% assuming full occupancy (per the listing materials) - Access: Mito Station (JR Joban Line) 23 minutes walk; Senba-chugakko-iriguchi bus stop 1 minute walk - Building: steel frame with flat roof, 4 storeys, completed March 2001; shops and offices; floor area 617.81㎡ - Land: building lot 299.00㎡ plus two parking lots included in the sale (704.00㎡ and 173.61㎡); total land area 1,176.61㎡; freehold; land category: residential land - Road access: public road approx. 28.0 m wide on the east (no setback required); public roads approx. 2.73 m wide on the north and approx. 4.0 m wide on the west (setback completed) - Utilities: public water, Tokyo Electric Power, public sewer (sewage and wastewater), rainwater handled on site, individual propane gas - Parking: two parking lots with 27 and 6 spaces (33 in total), part of the sale - Zoning: urbanization promotion area; quasi-residential zone, building coverage 60%, floor area ratio 200% - Current status: leased; handover date negotiable - Where the materials differ from the actual condition, the actual condition prevails
Transportation
Mito
23 minutes walk(JR Joubansen(Toride~Iwaki))
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Other Information
Monthly Expenses
Pricing & Expenses
200,000,000
USD: $1,260,000.00
Price Per Sqm: 668,896.32
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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SORA
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