Sunflower Todoroki Parking Lot: A Prime Commercial Investment in Setagaya
This listing presents the Sunflower Todoroki Parking Lot, a substantial commercial property located in the prestigious Setagaya Ward of Tokyo. The property is a multi-level parking structure with a total building area of 254.38 sqm (approximately 76.94 tsubo) situated on a generous land plot of 727.60 sqm (approximately 220.09 tsubo). Constructed in March 1979 with a reinforced concrete (RC) structure, the building features 7 above-ground floors and 1 basement level, housing a total of 25 parking spaces. The property is currently fully leased, offering immediate rental income for a new owner.
Critical agent notes provide essential details. The road access situation is detailed as follows: Northwest side faces a 25m wide public road with no designated position; West side faces a 6.9m wide public road with no designated position; South side faces a 5.9m wide public road with no designated position. Additional remarks clarify the current status: This is an owner change transaction. The land share, based on the actual measured area of 727.60 sqm, is a site use right area based on a ratio of 12,914/100,000. All plots are currently under lease.
The property is situated within a First Category Residential Zone in an urbanization promotion area, with a building coverage ratio of 60% and a floor area ratio of 300%. The land is registered as residential land and is flat. The transaction is listed as an exclusive intermediary. The location offers excellent accessibility, being an 11-minute walk from Oyamadai Station on the Tokyu Oimachi Line and a 16-minute walk from the bustling Jiyugaoka Station on the Tokyu Toyoko Line.
The surrounding Setagaya area is one of Tokyo's most desirable residential districts, known for its quiet, leafy neighborhoods and high quality of life. An interesting local fact is that the nearby Todoroki Valley is Tokyo's last remaining natural ravine, offering a serene walking path along the Yazawa River, a stark contrast to the urban environment. The area is also within comfortable reach of major tourist attractions like the historic Gotoh Museum, which houses a renowned collection of Japanese and East Asian art.
