Otaru Boutique Ryokan, Nagahashi

A licensed ryokan with two full seasons of trading behind it. In 2024/25 the house let for 164 nights, grossing ¥5,032,833 against ¥530,500 of running costs 21% more rental days than the season before. Expenses are modest and predictable: cleaning and yard maintenance at ¥10,000 a month, utilities averaging ¥24,800, property tax of ¥67,000 and insurance of ¥45,900 a year. Winter carries the business, at 57% of nights and an average of ¥9,650 per person.

The building is a wooden two-storey house with basement, fully renovated in 2023, offering 96.05 m² of floor space (67.07 m² ground, 28.98 m² first) on 213.61 m² of freehold land. The 4LDK layout pairs a spacious dining and living room with a Japanese-style tatami room, and sleeps up to six. There is air conditioning and an oil heater, city gas, public water and mains sewerage, and an ocean view from the second floor. Two parking spaces sit within a two-minute walk. The sale price includes three years of pro-bono structural and utilities warranty.

Otaru Station is a short walk away, and the tourist core is within easy reach Sakaimachi Street at 1.2 km, the Music Box Museum at 1.3 km, the Canal at 1.5 km, with Mount Tengu 4.5 km out and the Aquarium at 6 km. The plot falls outside tsunami, flood and landslide hazard zones, and the site is a lush, quiet residential pocket rather than a commercial strip.