Commercial Building Investment Opportunity in Tokyo's Chiyoda Ward
This commercial property presents a significant investment opportunity in the heart of Tokyo's Chiyoda Ward. The building is a five-story reinforced concrete (RC) structure built in April 1978, offering a total floor area of 156.42㎡ (approximately 47.31 tsubo) on a land area of 82.63㎡ (approximately 24.99 tsubo). The land is designated as residential land within a commercial zone under the Urban Planning Act, with a high building coverage ratio of 80% and a floor area ratio of 800%.
Critical agent notes provide essential financial and legal details. The property is currently fully leased to a restaurant operating as a single-tenant building. The annual rental income is 7,308,000 yen, broken down into a monthly rental income of 539,000 yen and a monthly ground rent income of 70,000 yen. The total land area of 82.63㎡ includes a setback portion of 7.77㎡ (2.35 tsubo) and a ground portion of 39.60㎡ (11.97 tsubo). The handover of the property is scheduled for on or after June 1, 2025. The road access situation is detailed as a two-sided road (excluding corner lots): a northwest-facing public road with an 8-meter width and a 4.8-meter frontage without designated location, and a southwest-facing public road with a 3-meter width, also without designated location.
Located in Kanda Awajicho 1-chome, the property boasts exceptional accessibility. It is just a 1-minute walk from the Tokyo Metro Marunouchi Line's Awajicho Station, a 1-minute walk from the Toei Shinjuku Line's Ogawamachi Station, and a 5-minute walk from the Tokyo Metro Ginza Line's Kanda Station. This prime location in central Tokyo ensures high visibility and foot traffic. The area is steeped in history, with Kanda being famous for its long-standing bookstores and the iconic Kanda Myojin Shrine, a major Shinto shrine founded over 1,200 years ago, which is just a short walk away and hosts one of Tokyo's three great festivals.
