Selected images and diagrams are reproduced from materials provided through the listing partner.
Higashi-Kanda Hotel is a whole hotel building at 2-4-11 Higashi-Kanda in Chiyoda Ward, four minutes on foot from Iwamotocho Station on the Toei Shinjuku Line and six from Akihabara. It is a steel-framed building of seven storeys completed in May 1985, with a total floor area of 261.91 sq m standing on 47.27 sq m of freehold land — a little over 14 tsubo.
The site is in a Commercial District with a building coverage ratio of 80% and a floor area ratio of 600%, which is what allows a plot of this size to carry seven floors. The plans show reception and the lift lobby at ground level and guest accommodation above, one room to a floor, with a bathroom on the lower guest floors and a lavatory on each. The rooms are finished in Japanese style — tatami, shoji screens and low tables — and the photographs show a kitchenette, a refrigerator and a television in place. There is a lift, hot water, air conditioning and storage, and a balcony on the seventh floor.
The listing material records the property as in use, with a projected annual rental income of JPY 42,240,000 and a gross yield of approximately 10.61% on the asking price. Handover is by negotiation. The licence position, the operating arrangement and the basis of the projected income are confirmed on enquiry.
| Property Type | Hotel Building (Whole Building) |
|---|---|
| Asking Price | JPY 398,000,000 |
| Address | 2-4-11 Higashi-Kanda, Chiyoda-ku, Tokyo |
| Nearest Station | Iwamotocho Station (Toei Shinjuku Line) |
| Walking Distance | Approx. 4 min |
| Access | Akihabara Station (JR Sobu / Chuo-Sobu Line) approx. 6 min · Bakuro-yokoyama Station (Toei Shinjuku Line) approx. 8 min |
| Land Area | 47.27 sq m (14.29 tsubo), registered |
| Building Area | 261.91 sq m |
| Building Structure | Steel frame, 7 storeys |
| Year Built | May 1985 |
| Zoning | Commercial District, urbanisation promotion area |
| Building Coverage Ratio | 80% |
| Floor Area Ratio | 600% |
| Land Category | Residential land |
| Main Aspect | East |
| Building Facilities | Lift, hot water, air conditioning, WC, storage |
| Tenure | Freehold Ownership |
| Occupancy | In use |
| Annual Property Tax | JPY 790,300 per year (fixed asset and city planning tax) |
| Handover | By negotiation |
| Listing Type | Partner Listing |
Areas are the registered figures from the listing material and remain subject to verification.
Gross yield before operating and ownership costs.
The income figure is the projected annual rent stated in the listing material, not a contracted or audited figure, and remains subject to verification.
The building stands in Higashi-Kanda 2-chome, on the eastern edge of Chiyoda Ward where it meets Nihonbashi and Asakusabashi. The listing material records Iwamotocho Station on the Toei Shinjuku Line at approximately four minutes on foot, Akihabara Station on the JR Chuo-Sobu Line at six, and Bakuro-yokoyama Station on the Toei Shinjuku Line at eight.
Akihabara is also served by the JR Yamanote and Keihin-Tohoku lines, the Tokyo Metro Hibiya Line and the Tsukuba Express, and Bakuro-yokoyama connects underground to Higashi-Nihombashi on the Toei Asakusa Line, whose through services run to Haneda Airport. Journey times vary with the service and any changes, so none are stated here.
The immediate district is a working one of wholesale textile and apparel businesses that has drawn small hotels and serviced accommodation in recent years, with Akihabara, Kanda and Asakusabashi all within walking distance.
The map indicates the location of the property. Walking times above are as stated in the listing material.
Open in Google MapsTokyo ran the second-highest hotel room occupancy of any prefecture in 2025.
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, against 61.8% for Japan as a whole. Business hotels in Tokyo ran at 81.6%, the highest of any prefecture bar Osaka.
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.
On the land side, commercial land in Chiyoda Ward rose 13.1% in the Reiwa 8 (2026) Official Land Price Survey, against 12.2% for Tokyo as a whole. All twenty-three wards recorded a rise in commercial land for the fourth consecutive year.
These figures describe Tokyo, Chiyoda Ward 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 rent, value or performance.
Sources:
An indicative gross yield of 10.61% on a Chiyoda address is unusual, and the reason is on the plan rather than in the rent. The site is 47.27 sq m — a little over fourteen tsubo, too small for most buyers to do anything with — and the 600% floor area ratio in a Commercial District is what turns it into 261.91 sq m over seven floors. That is how a freehold whole building in central Tokyo comes to JPY 398,000,000.
The position is the second part. Iwamotocho is four minutes on foot, Akihabara six and Bakuro-yokoyama eight, which puts the Toei Shinjuku, JR Chuo-Sobu, Yamanote, Hibiya and Tsukuba Express lines within reach of the door, and the Asakusa Line at Higashi-Nihombashi runs through to Haneda. For accommodation that combination counts for more than the address does. Tokyo ran at 76.8% room occupancy in 2025, second among the forty-seven prefectures, and commercial land in Chiyoda rose 13.1% in this year's official survey.
The building was completed in May 1985 and is already fitted and in use, with reception at ground level and Japanese-style rooms above, so a buyer is taking on a working asset rather than a conversion. The projected income of JPY 42,240,000 is the figure stated in the listing material rather than a contracted rent, and the licence position, the operating arrangement and the basis of that figure can be confirmed on enquiry.
This property is introduced through a Japanese real estate partner. Availability, price and property details remain subject to confirmation at the time of enquiry.
Available
LA VITA IKEBUKURO
Chihaya, Toshima-ku, Tokyo · Hotel / Hospitality
JPY 670,000,000
Available
THE CHIKURA UMI BASE CAMP
Chikura-machi Shirako, Minamiboso, Chiba · Hotel / Hospitality
JPY 758,000,000
Available
RAKUNA INN NIJI OSHIAGE
Oshiage, Sumida, Tokyo · Hotel / Hospitality
JPY 119,800,000