[Foreclosed] Historic Hotel in Hakodate

Court Evaluated Price: 39,600,000 Yen (483,000 USD)

*Update: The winning bid was 43,695,000 Yen*

A historically listed hotel in Hokkaido’s Hakodate City is up for public auction.

“Auberge Kokian” was built in 1909 in the Wayo-Secchu style of architecture (a blend of Japanese and Western) and constructed from Japanese cypress. It was originally a seafood store called Watanabe Shoten. It was in operation as a restaurant and inn until the end of 2009.Read more