Selected images and diagrams are reproduced from the materials supplied for this listing.
This is a whole inn building at 1-32-11 Yotsugi in Katsushika Ward, seven minutes on foot from Yotsugi Station on the Keisei Oshiage Line. Completed in November 2012, it is a two-storey wood-framed building of 127.52 sq m, divided evenly between its two floors, on 124.39 sq m of freehold land in a commercial district. The site faces public roads on two sides, and parking is available.
It holds an inn business licence, is trading now, and is offered with its furniture and appliances. The plans show a ground floor built around a generous living room with sofas, a sofa bed, a dining table and a kitchen, with bedrooms set with double and single beds and a bathroom beside them. The upper floor follows the same pattern, adding a second lounge, further double and single beds, a separate shower room and a laundry space. The flyer notes that the building can operate 365 days a year.
The listing records annual lodging revenue of JPY 17,600,000 for June 2025 to May 2026, an indicative gross yield of approximately 14.07% on the asking price, and a net yield of 6.86%. Subject to negotiation, the seller offers to pass on the inn licence, the current management agency — with room to discuss the price if the buyer keeps the agent on — and an Airbnb account carrying 303 reviews from more than six and a half years of operation.
| Property Type | Inn / Lodging Building (Whole Building) |
|---|---|
| Asking Price | JPY 125,000,000 |
| Address | 1-32-11 Yotsugi, Katsushika-ku, Tokyo |
| Nearest Station | Yotsugi Station (Keisei Oshiage Line) |
| Walking Distance | Approx. 7 min |
| Land Area | 124.39 sq m, registered |
| Building Area | 127.52 sq m (1F 63.76 sq m, 2F 63.76 sq m) |
| Building Structure | Wood frame, 2 storeys |
| Year Built | November 2012 |
| Zoning | Commercial District, Fire Prevention District, district plan, urbanisation promotion area |
| Building Coverage Ratio | 80% |
| Floor Area Ratio | 400% |
| Land Category | Residential land |
| Road Frontage | Public roads on two sides: north (9.7 m frontage, 6.3 m wide) and southeast (10.5 m frontage, 16.0 m wide) |
| Parking | Available |
| Tenure | Freehold Ownership |
| Furnishing | Furniture and appliances included |
| Licence Status | Inn business licence held, currently operating; succession of the licence negotiable |
| Operation Type | Operated through a management agent; continuation of the agent negotiable |
| Occupancy | Operating |
| Handover | By arrangement |
Areas are the registered figures from the listing material and remain subject to verification.
Gross yield is annual lodging revenue divided by the asking price, before operating and ownership costs.
Revenue is lodging revenue from guest stays, not rent under a lease. The figures are as stated in the listing material, have not been audited, and remain subject to verification.
The building stands in Yotsugi 1-chome in Katsushika Ward, in the low-rise east of Tokyo just across the Arakawa River. The listing material records Yotsugi Station on the Keisei Oshiage Line at approximately seven minutes on foot.
The Keisei Oshiage Line runs through Oshiage, for Tokyo Skytree, onto the Toei Asakusa Line towards Asakusa and central Tokyo, and through-services on the Keisei and Keikyu lines carry it in the direction of both Narita and Haneda airports. Journey times vary with the service and any changes, so none are stated here.
The map indicates the location of the property. Walking times above are as stated in the listing material.
Open in Google MapsCommercial land in Katsushika Ward rose 11.1% in the Reiwa 8 (2026) Official Land Price Survey, and residential land in the ward rose 5.6%.
The national backdrop is a record year for arrivals: the Japan National Tourism Organization records 42,683,600 international visitors to Japan in 2025, an increase of 15.8% on the previous year and the highest annual figure on record, surpassing the previous peak of 2024 by more than 5.8 million.
On the accommodation side, the Japan Tourism Agency's Accommodation Survey puts room occupancy in Tokyo at 76.8% for the calendar year 2025, up 1.7 points on the previous year and second only to Osaka among the forty-seven prefectures, against 61.8% for Japan as a whole.
These figures describe Katsushika Ward, Tokyo and Japan as a whole, not this individual property. They are not a measure of occupancy, room rates or revenue at this building, they are not an appraisal of this address, and they do not guarantee future revenue, value or performance. The 2025 occupancy figures are preliminary.
Sources:
Availability, price and property details remain subject to confirmation at the time of enquiry.
