Exclusive Listing · Japan
Apartment Building in Ota-ku, Tokyo Commercial Property in Tamagawa 1-chome, Japan
Fully let freehold corner building with shop and apartment floors, near a Tokyo rail line
- Price
- JPY 115.00M
- Completion
- Completed
Introduction
This corner property in Tokyo combines ground and first-floor commercial space with apartments on the upper floors, and the tenants are already in place. The mid-rise reinforced concrete building stands on a freehold corner site that faces a wide arterial road on one side and a quieter street on the other, with a short walk to a suburban rail station. Upper floors have a two-room layout with a dining kitchen and balcony, finished in dark timber-effect flooring with air conditioning, and the exterior walls were refurbished in 2020. A rooftop signboard offers a possible second source of income. It suits an investor looking for an income-producing building in Tokyo where the existing leases transfer on purchase.
Why This Opportunity
Let and occupied from the first day
Every unit is currently leased, and the sale is an owner change. The buyer takes over the existing lease agreements, so the building does not start from vacancy.
Freehold corner site on a main road
The land is registered freehold and sits on a corner. It has a wide frontage on a major road and a further public road along the second side, which gives the building visibility and access.
Walking distance to a Tokyo rail line
A suburban station is a short walk away, with further stations within about a quarter of an hour on foot. Tenants can reach central Tokyo without a car, which matters because the building has no car parking.
A mix of commercial and residential tenants
The lower floors are laid out as shop or office space and the upper floors as apartments. Income is therefore spread across two kinds of tenant.
Exterior work already done
The exterior walls were refurbished in 2020, and the facade in the photographs appears intact. Interiors show timber-effect floors and wall-mounted air conditioning.
Possible rooftop signage income
The listing materials state that the rooftop signboard may be used as a separate source of income alongside the unit leases.
The Area
Where it is
Getting around
Yaguchinowatashi Station (矢口渡駅)
Train station · Tokyu Tamagawa Line · 320 m · 4 min walk · 34 min to Tokyo Station
Musashi-Nitta Station (武蔵新田駅)
Train station · Tokyu Tamagawa Line · 720 m · 9 min walk · 36 min to Tokyo Station
Hasunuma Station (蓮沼駅)
Train station · Tokyu Ikegami Line · 1.0 km · 13 min walk · 32 min to Tokyo Station
Haneda Airport (東京国際空港)
Airport · 10.4 km · 16 min drive
Nearby
Toho University Omori Medical Center (東邦大学医療センター大森病院)
Hospital (emergency) · 3.3 km · 7 min drive
Granduo Kamata / Tokyu Plaza Kamata (グランデュオ蒲田・東急プラザ蒲田)
Shopping centre · 1.6 km · 20 min walk
Nitta Shrine (新田神社)
Shrine · 930 m · 12 min walk
Schools
Yaguchi Elementary School (大田区立矢口小学校)
Public elementary school · Elementary (6-12) · 130 m · 2 min walk
Yasukata Junior High School (大田区立安方中学校)
Public junior high school · Junior high (12-15) · 550 m · 7 min walk
Tokyo Metropolitan Kamata High School (東京都立蒲田高等学校)
High school · Senior high (15-18) · 1.9 km · 24 min walk
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