Prime Commercial Land for Development in Nishi-Tokyo City
This prime commercial land parcel, located in Tanashicho 3-chome, Nishi-Tokyo City, Tokyo, presents an exceptional opportunity for development. The property is a measured 145.21 sqm (approximately 43.92 tsubo) plot of land designated for residential buildings, with an optimal intended use as a condominium (mansion) development site. The land is zoned as a Commercial District, offering high flexibility for usage, and benefits from favorable building regulations with a floor area ratio of 400% and a building coverage ratio of 80%.
According to the agent's special notes, the existing three-story building on the site, which currently houses a first-floor izakaya (Japanese pub), second-floor lounge, and third-floor club, will be vacated by the seller prior to handover. This ensures a clear site for the new owner to commence construction. The property boasts excellent access, being just a 5-minute walk from the Seibu Shinjuku Line's Tanashi Station, providing direct connections to central Tokyo.
The surrounding area of Tanashi is a vibrant and convenient suburb. An interesting local fact is that Nishi-Tokyo City was formed in 2001 by the merger of the former cities of Tanashi and Hoya, blending their histories. The closest major landmark is the historic Toshima Hachiman Shrine, a serene cultural site within the bustling urban environment, offering a glimpse into the area's traditional roots.
