Commercial Unit for Sale in Fukuoka's Prime Watanabe-dori Area
This listing presents a commercial unit for sale within the Sun Selco commercial and office building, located at 1-1-1 Watanabe-dori 1-chome, Chuo-ku, Fukuoka City. The property is a shop/retail space (part of a building) currently tenanted, generating a monthly rent of 138,239 yen. The asking price is 15.8 million yen. The unit offers a private floor area of 18.2 sqm (approximately 5.5 tsubo).
According to the agent's notes, the building is equipped with an elevator. The property is under full entrusted management with an on-site manager. The current status is tenanted, and the sale represents an owner change opportunity. The projected annual yield is 10.49%, with an estimated annual income of 1,658,868 yen. Please note that this yield is a pre-tax and pre-expense projection and does not guarantee the future rental income. Other monthly costs include a management fee of 17,763 yen and an air conditioning fee of 21,476 yen. A three-year fire insurance policy costs 13,760 yen annually. The handover timing is negotiable.
The Sun Selco building itself is a 10-story above-ground, 2-story below-ground steel structure, partially reinforced concrete, built in February 1979 (approximately 47 years old). It contains 148 units in total. The property is situated in a highly accessible area, just a 3-minute walk from Watanabe-dori Station on the Fukuoka City Nanakuma Line. It is also within a 6-7 minute walk from Yakuin Station, served by both the Nanakuma Line and the Nishitetsu Tenjin Omuta Line, providing excellent connectivity to Fukuoka's major business and shopping districts like Tenjin.
