Prime Commercial Land in Ikebukuro, Tokyo
This is a rare opportunity to acquire a prime plot of land in the bustling commercial heart of Ikebukuro, Tokyo. The property is a land sale with an existing building, offering a total land area of 92.33 sqm (approximately 27.92 tsubo). Strategically located just a 6-minute walk from JR Yamanote Line's Ikebukoro Station, as well as the Tokyo Metro Marunouchi and Fukutoshin lines, it boasts exceptional accessibility. The land is designated for residential use within a Commercial Zone, with a building-to-land ratio of 80% and a floor area ratio of 600%, providing significant development potential.
According to the agent's special notes, the existing building on the land underwent layout changes in the past, which, under current laws and regulations, prohibits its operation as a hotel or inn. Therefore, the sale is for the land with the building in its current state. The building will not be demolished and will be handed over as-is. It cannot be used as a general rental property. If the buyer intends to continue using the existing structure, it must be for owner-occupation only. The seller assumes no responsibility regarding the building's usability, safety, or legal compliance.
The area is serviced by city gas, electricity, and public water and sewage systems. The property is situated in a vibrant district known for its massive shopping complexes, entertainment hubs, and cultural attractions like the Sunshine City complex. A fascinating local fact is that the Sunshine 60 building in Ikebukuro was the tallest in Asia from 1978 until 1985. The closest major landmark is the iconic Tokyo Metropolitan Art Space, a premier venue for concerts and performances located within the Ikebukuro district.
