CREO V Building / Retail & Office Building, Mito photo 1

Outdoor: Exterior

CREO V Building / Retail & Office Building, Mito photo 2

Indoor: Interior

CREO V Building / Retail & Office Building, Mito photo 3

Indoor: Interior

CREO V Building / Retail & Office Building, Mito photo 4

Indoor: Interior

CREO V Building / Retail & Office Building, Mito photo 5

Indoor: Interior

CREO V Building / Retail & Office Building, Mito photo 6

Indoor: Interior

CREO V Building / Retail & Office Building, Mito photo 7

Outdoor: View

CREO V Building / Retail & Office Building, Mito photo 8

Outdoor: Parking/Garage

CREO V Building / Retail & Office Building, Mito photo 9
CREO V Building / Retail & Office Building, Mito photo 10
CREO V Building / Retail & Office Building, Mito photo 11
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CREO V Building / Retail & Office Building, Mito

Ibaraki - Mito-shi

Price¥200m
TypeOffice Building
Area299 m²
Bed-
Bath-
Back Property

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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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Features

Car Parking

Other Information

Land Area299 m²
Land RightOwnership
ZoningResidential
Building Area Ratio60%
Facility Orientation-
StructureSteel Frame
Ground Level Floors4
Building Area617.81 m²
Available From-
Floor Area Ratio200%
Transaction TypeBrokerage
Year Built2001
Underground Floors-
Total Units/ Guest Rooms-

Monthly Expenses

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

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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¥200,000,000

USD: $1,260,000.00

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