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Two-storey house-style lodging building with a tiled roof, a dark entrance door and a paved forecourt
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Building exterior

Selected images and diagrams are reproduced from the materials supplied for this listing.

November 1999
Year Built
Approx. 5 min
To Nishi-sugamo Station (Toei Mita Line)
Operating
Occupancy
Approx. 11.18%
Indicative Gross Yield

Property Description

Hotel Gold Tokyo is a licensed inn at 3-8-4 Takinogawa in Kita Ward, five minutes on foot from Nishi-sugamo Station on the Toei Mita Line. It is a two-storey, light-gauge steel house of 133.57 sq m completed in November 1999 and built by Sekisui House, on 125.81 sq m of freehold land in a Category 1 Residential District.

The building already trades as an inn. The listing states that the inn business licence has been obtained and the property is operating, that the licence can be taken over by a buyer, and that it is let furnished; it also notes year-round operation, which a licensed inn permits in a way a private-lodging (minpaku) registration does not. Taking over the current operation can be discussed, and the seller will also consider selling the owning company, so that the licences come with it — both on a negotiable basis.

Inside, the ground floor holds the kitchen and dining area, the bathroom and two Japanese-style living rooms set up to take futons, with the bedrooms, a shower room and a WC upstairs. Lodging revenue for calendar 2025 was JPY 18,460,000, a gross yield of approximately 11.18% on the asking price; the listing puts the net yield at approximately 5.33% where an outside operator runs the inn.

Property Details

Property TypeInn / Lodging Building (Whole Building)
Asking PriceJPY 165,000,000
Address3-8-4 Takinogawa, Kita-ku, Tokyo
Nearest StationNishi-sugamo Station (Toei Mita Line)
Walking DistanceApprox. 5 min
Land Area125.81 sq m, registered (the listing notes the figure includes private road)
Private Road BurdenPrivate road portion 15.41 sq m; setback required, 15.41 sq m
Building Area133.57 sq m (ground floor 73.05 sq m, first floor 60.52 sq m)
Building StructureLight-gauge steel frame, 2 storeys
Year BuiltNovember 1999
ZoningCategory 1 Residential District, Quasi-Fire Prevention District, Class 2 Height Control District, urbanisation promotion area
Building Coverage Ratio60%
Floor Area Ratio200%
Land CategoryResidential land
ParkingNone
TenureFreehold Ownership
Licence StatusInn business licence held and operating; succession of the licence stated as possible
Operation TypeOperating inn, furnished; takeover of the operation negotiable
OccupancyOperating
HandoverBy arrangement

Areas are the registered figures from the listing material and remain subject to verification.

Revenue

Annual Lodging Revenue
JPY 18,460,000
Basis
Actual revenue, calendar year 2025, as stated in the listing material
Indicative Gross Yield
Approx. 11.18%
Net Yield, with Outsourced Operation
Approx. 5.33%
Occupancy
Operating
Handover
By arrangement

Gross yield before operating and ownership costs. The net yield is the figure stated in the listing material, calculated with an outside operator in place.

Revenue is lodging revenue, not rent. It is the figure stated in the listing material, not an audited figure, and remains subject to verification.

Location, Transit & Everyday Convenience

The building stands in Takinogawa 3-chome in Kita Ward, in the residential north of central Tokyo. The listing material records Nishi-sugamo Station on the Toei Mita Line at approximately five minutes on foot.

The Mita Line runs south through Sugamo and Jimbocho to Otemachi, Hibiya and Mita without a change of train. Journey times vary with the service, so none are stated here.

The map indicates the location of the property. Walking times above are as stated in the listing material.

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Kita Land Prices and Tokyo Accommodation Demand

Commercial land in Kita Ward rose 16.2% in the Reiwa 8 (2026) Official Land Price Survey — ahead of Tokyo as a whole at 12.2% and ahead of the twenty-three wards taken together at 13.8%. Residential land in the ward rose 11.6% and all uses 13.5%.

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.

Kita land prices and national visitor numbers, year on year · Tokyo room occupancy 2025
+16.2%
Commercial Land, Kita Ward
+15.8%
International Visitors to Japan
76.8%
Hotel Room Occupancy, Tokyo 2025

These figures describe Kita 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:

Important Notes

  • Property information is based on the materials supplied for this listing.
  • Availability, price and other terms may change, or the property may be withdrawn, without notice.
  • The gross yield of approximately 11.18% is calculated on actual lodging revenue for 2025 as stated in the listing material and is before operating and ownership costs. It is not an audited figure.
  • Succession of the inn business licence and takeover of the operation are subject to negotiation and to confirmation of the procedures required. A sale of the owning company is offered only on a negotiable basis and would be subject to due diligence.
  • The listing records a private road portion and a required setback; their extent remains subject to verification.
  • Property ownership in Japan does not by itself provide visa or residency rights.

Listing & Transaction Information

Type of Transaction
Brokerage
Listed by
International Interface Co., Ltd.
Tokyo Governor's Licence (3) No. 96857
RE/MAX INTERFACE
Agent: Kenichi Aoki

Availability, price and property details remain subject to confirmation at the time of enquiry.