Commercial Building in Sumida, Tokyo with Established Tenancy
This commercial building, located in the vibrant Sumida ward of Tokyo, presents a significant investment opportunity. The property is a four-story steel structure with a total floor area of 220.87 sqm (approximately 66.81 tsubo), built in April 1997. It sits on a land parcel of 65.90 sqm (approximately 19.93 tsubo) in a commercial zone within the urbanization promotion area, with a building-to-land ratio of 80% and a floor area ratio of 500%.
Critical agent notes provide essential details. The road access situation is detailed as follows: the property fronts an 8-meter wide public road on the west side with a frontage of 9 meters, and there is no designated position. A crucial remark states that only the first floor is currently under a rental lease, and the property is being sold with a change of ownership (owner change). This indicates an existing income stream from the tenanted portion.
The building is conveniently situated within a 5-minute walk from both the Tokyo Metro Hanzomon Line and JR Sobu Main Line's Kinshicho Station, offering excellent connectivity. The area around Kinshicho is a bustling commercial and entertainment district, known for its department stores and the Tokyo Solamachi complex at the base of the Tokyo Skytree. An interesting local fact is that the nearby Sumida River was historically a major transport route for goods and is now famous for its spectacular summer fireworks festival.
The property is offered for sale at 400,000,000 JPY under an exclusive dedicated intermediary transaction format. With its strategic location, established tenancy on the first floor, and potential for the upper floors, this building represents a solid commercial real estate asset in the heart of Tokyo.
