Charming Traditional Ryokan with Established Business in Tokyo's Kita Ward
This unique property presents a rare opportunity to acquire a traditional Japanese ryokan (inn) with an established rental business in Tokyo's Kita Ward. The building, constructed in March 1966, is a two-story wooden structure with a total floor area of approximately 49.58 square meters (about 14.99 tsubo), situated on a land parcel of 35.06 square meters (about 10.60 tsubo). The property is currently tenanted, providing immediate rental income for the new owner.
Critical agent notes have been translated for full disclosure. The property's equipment and facilities include hot water supply, a private toilet, and an indoor space for a washing machine. A special note regarding road access details that the property fronts a 4-meter wide public road to the east, and there is no positional designation (位置指定無).
The location offers excellent accessibility, being just a 7-minute walk from the Saikyo Line's Kita-Akabane Station, a 15-minute walk from Ukima-Funado Station on the same line, and within a 20-minute walk from the Toei Mita Line's Shimurasakaue Station. The land is zoned as Category I Residential District within the urbanization promotion area, with a building-to-land ratio of 60% and a floor area ratio of 200%. The land is flat and rectangular in shape.
The area of Kita Ward is a blend of residential calm and convenient city living, located in northern Tokyo. An interesting local fact is that the nearby Arakawa River is lined with extensive cycling and walking paths, popular for cherry blossom viewing in spring. The closest major landmark is the historic and stunning Tokyo Daijingu Shrine, a significant Shinto site known for enshrining the same deities as the Grand Shrine of Ise.