Commercial Office and Parking Portfolio in Setagaya's Sakura District
This commercial property listing presents a unique investment opportunity in Tokyo's Setagaya Ward. The offering comprises a strata-titled office unit spanning the basement and first floor, with a total exclusive area of 533.08 sqm, plus 12 dedicated parking spaces covering 60.52 sqm, sold as a single package. The office space is currently tenanted with a lease running from August 1, 2018, to July 31, 2028, generating a substantial monthly rent of 2,276,837 yen (tax-inclusive), which includes revenue from the parking spaces. A security deposit of 14,994,816 yen is held for the office.
Critical agent notes provide essential transaction details. The seller assumes liability for contract non-conformities for two years from the handover date. The property is sold 'as-is' (genjo-ari-sugata watashi) based on public registry records, with boundaries not explicitly indicated. The seller will designate the judicial scrivener for the transaction. The annual fixed asset tax and city planning tax for the 2024 fiscal year amounts to 1,207,704 yen. The building itself is a 6-story above-ground, 1-story basement reinforced concrete (RC) structure built in April 1994, containing 24 total units. Monthly building management fees are 189,540 yen, with a repair reserve fund of 204,820 yen. Additional monthly charges include 154,000 yen for exclusive signboard use, 4,700 yen for exclusive use of a septic tank, and 4,400 yen for parking electricity. The sole listed facility is a bicycle parking area.
The property is situated in the Sakura 3-chome neighborhood, a quiet residential-commercial area. It offers access via multiple train lines: a 14-minute walk to the Tokyu Setagaya Line's Kamimachi Station, and approximately 20-minute walks to the Odakyu Line's Kyodo Station and the Tokyu Den-en-toshi Line's Sakuramachi Station. The area is zoned as a neighborhood commercial district. An interesting local fact is that Setagaya Ward is one of Tokyo's most populous residential wards, known for its parks, green spaces, and high quality of life. The closest major landmark is the historic Gotoh Museum, renowned for its collection of Japanese and East Asian art, located a short distance away in the neighboring Kaminoge area.
