ASUKA Building: A Commercial Investment Opportunity in Tokyo's Kita Ward
This commercial building, known as the ASUKA Building, presents a compelling investment opportunity in Tokyo's bustling Kita Ward. Located in the Akabane 2-chome area, the property offers a total floor area of 147.10 sqm (approximately 44.49 tsubo) across three stories, constructed in December 1968 with a reinforced concrete (RC) structure. The land area is 63.99 sqm (approx. 19.35 tsubo) and is situated in a commercial zone within an urbanization promotion area.
Critical agent notes provide essential details on the property's current status and facilities. The equipment includes a private toilet and a fire alarm. Special notes on road access detail that the property fronts a 13-meter wide public road to the north. Further remarks clarify the tenancy situation: the first-floor retail space is under a sub-lease agreement, which must be continued. The second floor is currently a skeleton space with newly installed doors and boat-finished floors, walls, and ceilings, and is available for lease. The third-floor office is fully fitted with new wallpaper on the ceilings and walls, new flooring, and newly installed doors, a toilet, a mini-kitchen, and two air conditioning units; it is also currently available for lease.
The Akabane area is a major transit hub in northern Tokyo, known for its vibrant shopping streets and local atmosphere. An interesting historical fact is that the area's name, "Akabane," which means "red wings," is said to originate from the red soil found along the banks of the nearby Arakawa River. The property is within walking distance of several major stations, placing it conveniently close to central Tokyo. The closest major landmark is the historic Akabane Hachiman Shrine, a serene Shinto site that has been a focal point for the local community for centuries.
