Hotel Investment Opportunity in Tokyo's Sumida Ward
This commercial property presents a unique investment opportunity: a hotel building currently in operation that will be delivered vacant. The building is a 7-story reinforced concrete (RC) structure built in June 1992, with a total floor area of 497.68 sqm (approximately 150.54 tsubo). The land area is 113.95 sqm (approximately 34.46 tsubo). According to the agent's special notes, the unit sizes within the building range from 49.95 sqm to 76.89 sqm, and the land topography is flat. A critical remark clarifies: "This property is currently operating as a hotel but will be delivered as an akiya (vacant house)."
The property's land details are significant. It is situated on a corner lot with road frontage on two sides. To the south, it faces a public road with a width of 11.2 meters and a frontage of 6.6 meters (no designated position). To the east, it faces a road with a width of 4.2 meters. The property is located within a commercial zone in an urban planning area, with a building-to-land ratio of 80% and a floor area ratio of 400%. The land shape is regular, and there are no parking facilities included.
Located in Sumida Ward's Midori 4-chome, the area is well-connected. The property is within a 12-minute walk from Kinshicho Station, served by the Sobu and Chuo-Sobu Lines, and a 9-minute walk from Kikukawa Station on the Toei Shinjuku Line. Sumida Ward is a vibrant part of Tokyo, known for its blend of traditional culture and modern attractions. An interesting local fact is that the ward is home to the Tokyo Skytree, one of the tallest structures in the world. The closest major landmark is the Edo-Tokyo Museum, a fascinating institution dedicated to the history and culture of Tokyo during the Edo period.
