Shalom Tamagawa: A Commercial Investment Opportunity in Tokyo's Ota Ward
This commercial property, named Shalom Tamagawa, is a four-story reinforced concrete (RC) building located in Yaguchi 2-chome, Ota Ward, Tokyo. The specific unit for sale has a private floor area of 40.59 square meters (approximately 12.27 tsubo). Constructed in January 1978, the building contains a total of 28 units and is situated within a Quasi-Industrial Zone. Management is fully entrusted, with a caretaker making periodic rounds.
Accessibility is a key feature, with the unit being a 6-minute walk from Yaguchi-no-Watashi Station on the Tokyu Tamagawa Line, a 10-minute walk from Musashi-Nitta Station on the same line, and a 15-minute walk from Hasunuma Station on the Tokyu Ikegami Line. Monthly fees include a 10,000 yen management fee and a 10,000 yen repair reserve fund.
Critical agent notes provide essential investment details: The type of business for the unit is negotiable. Handover will occur after the termination of the current lease agreement. The estimated annual rent under the current conditions is 1,267,200 yen, yielding an estimated return of 3.6%. If delivered as a skeleton unit (empty shell), the estimated annual rent is 2,376,000 yen, with an estimated yield of 6.6%. It is important to note that the yield is calculated by dividing the estimated annual rental income by the purchase price. The displayed rental income is not guaranteed to be obtained in the future. Furthermore, the yield calculation is based on income before deducting necessary expenses such as taxes, public levies, and common area maintenance fees required to maintain the property.
The area of Ota Ward offers a blend of residential calm and urban convenience, with the Tamagawa River providing scenic walking and cycling paths. A notable nearby landmark is the historic Yaguchi no Watashi site, a former ferry crossing on the Tamagawa River that played a role in Edo-period travel and is commemorated in ukiyo-e woodblock prints, adding a layer of cultural history to the locale.
