Rare Redevelopment Opportunity in the Heart of Nozawa Onsen

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Overview

Situated in one of Nozawa Onsen’s most desirable central locations, this traditional village property presents a rare opportunity for investors, developers, hospitality operators, or private buyers seeking to own a property in Japan’s premier alpine resort destination.

Located approximately four minutes’ walk from the vibrant O-Yu Dori main street, the property occupies a highly convenient position directly opposite Shinden Soto-yu, one of Nozawa Onsen’s renowned public hot springs. It also enjoys a picturesque setting adjacent to a small village shrine and benefits from immediate access to the village’s multi-storey public parking facility located across the road.

The existing structure is a traditional house in original condition, offering significant renovation or redevelopment potential. Buyers have the opportunity to restore and reimagine a traditional Nozawa Onsen residence or pursue a new development project, subject to the necessary approvals and planning requirements.

The site was previously considered as a future artist’s studio and residence, with concept designs prepared to illustrate one possible vision for the property. However, the site is equally suited to a variety of residential, hospitality, or creative uses, allowing the purchaser to bring their own vision to this highly desirable location.

Key Highlights

• Extremely rare opportunity in a prime central Nozawa Onsen location
• Approximately 4 minutes’ walk to O-Yu Dori
• Approximately 3 minutes’ walk to Chuo Bus Terminal, with direct connections to JR Iiyama Station
• Adjacent to a traditional village shrine
• Located directly across from the village’s main multi-storey parking facility
• Existing traditional house with substantial renovation or redevelopment potential

Additional Support Available

For purchasers seeking assistance after acquisition, KK Nozawa Hospitality can provide a range of professional services, including:

• Project management for renovation or new-build works
• Property management services
• Management of accommodation businesses

For more information, please contact our team today.

Floor Plans