Commercial Investment Opportunity in Tokyo's Chiyoda Ward

This commercial property, located in the bustling Chiyoda ward of Tokyo, presents a significant investment opportunity. The building is a 7-story, 1-basement structure built with steel-reinforced concrete (SRC) construction, completed in November 1980. The specific unit for sale has a private floor area of 81.21 square meters (approximately 24.56 tsubo) and is situated on the 3rd floor. The building features an elevator and a private toilet. According to the agent's notes, this is an owner-change situation. The property generates an annual yield of 5%, offering high returns due to its location within a commercial zone. The unit is currently tenanted, and possession is available immediately.

The property is excellently connected, being just a 3-minute walk from Suidobashi Station, served by the JR Chuo-Sobu Line. It is also within a 7-minute walk from the Toei Mita Line's Suidobashi Station and a 10-minute walk from Iidabashi Station on the Tokyo Metro Tozai Line. The building has a total of 8 units, with a monthly management fee of 62,700 yen and no repair reserve fund. Parking is not available. The land rights are for ownership, and the transaction is handled via an exclusive dedicated agency.

The area of Kanda Misakicho in Chiyoda is a dynamic blend of business and history, situated close to the political heart of Japan. An interesting local fact is that the nearby Kanda Myojin Shrine, one of Tokyo's oldest and most important Shinto sites, has a history stretching back over 1,200 years and is famously associated with good luck in business and academics. The property is also within easy reach of major landmarks like the Tokyo Dome City entertainment complex, which includes an amusement park and a large stadium.