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Three-storey building with a stone-effect upper facade, a dark lower storey and a timber-look front door
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Building exterior

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

79.98 sq m
Land · 861 sq ft
155.41 sq m
Floor area · 1,673 sq ft
Wood frame · 3 storeys
Structure
2025
Completed
8 min
Walk · Aoto Sta.
Operating
Occupancy

Floor Plan

Floor plans of the first, second and third floors showing bedrooms, kitchen and dining space
Floor plans (1F–3F)
September 2025
Year Built
Approx. 8 min
To Aoto Station (Keisei Oshiage Line)
Operating
Occupancy
Approx. 13.26%
Indicative Gross Yield

About This Building

Hotel Grand Star Tateishi is a newly built inn building at 7-12-3 Tateishi in Katsushika Ward, completed in September 2025. It stands eight minutes on foot from Aoto Station and seven from Keisei-Tateishi, on 79.98 sq m of freehold land, with three wood-framed storeys giving a total floor area of 155.41 sq m.

Read the full description

The building already holds its inn business licence and is trading. The listing presents it as furnished and fitted with appliances, and as able to operate every day of the year. The plans set a large living and dining floor with the kitchen on the second storey, with bedrooms above and below, and give a maximum capacity of twenty guests across two queen beds, six double beds and four futons — a layout suited to families and groups travelling together.

Annual revenue is stated as JPY 21,470,000, annualised from March to May 2026, which gives an indicative gross yield of approximately 13.26% on the asking price and a net yield of 8.09%. The listing states that the inn licence and the operating arrangement can be taken over, subject to negotiation, and that a price adjustment can be discussed where the buyer keeps the current operator. The basis of the revenue, the operating costs and the succession terms are shared on enquiry.

Property Details

Property TypeInn / Lodging Building (Whole Building)
Asking PriceJPY 162,000,000
Address7-12-3 Tateishi, Katsushika-ku, Tokyo
Nearest StationAoto Station (Keisei Oshiage Line)
Walking DistanceApprox. 8 min
AccessKeisei-Tateishi Station approx. 7 min on foot
Land Area79.98 sq m, registered
Building Area155.41 sq m (1F 51.54 / 2F 52.97 / 3F 50.90 sq m)
Building StructureWood frame, 3 storeys
Year BuiltSeptember 2025
ZoningNeighbourhood Commercial District, Quasi-Fire Prevention District, Height Control District (Type 3), urbanisation promotion area
Building Coverage Ratio80%
Floor Area Ratio300%
Land CategoryResidential land
ParkingNone
FurnishingFurnished, with appliances
TenureFreehold Ownership
Licence StatusInn business licence obtained; currently operating
Operation TypeOperator in place; continuation negotiable
OccupancyOperating
HandoverBy arrangement

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

Income

Annual Lodging Revenue
JPY 21,470,000
Basis
Annualised from March–May 2026 revenue ×4, as stated in the listing material
Indicative Gross Yield
Approx. 13.26%
Net Yield (as stated)
8.09%
Occupancy
Operating
Handover
By arrangement

Gross yield before operating and ownership costs.

The revenue figure is lodging revenue from operating the building as an inn, not rent from a tenant. It is stated in the listing material, is not audited, and remains subject to verification.

The revenue is annualised from three months of trading and may not reflect a full year, including seasonal variation.

Location & Neighbourhood

The building stands in Tateishi 7-chome in Katsushika Ward, in the low-rise north-east of Tokyo. The listing material records Aoto Station at approximately eight minutes on foot and Keisei-Tateishi Station at approximately seven.

Read the full description

Both stations are on the Keisei network, whose lines run through towards Oshiage and central Tokyo and connect with the Keisei services towards Narita Airport.

  • AotoKeisei Oshiage Line8 min
By train from Aoto Station
  • Asakusa8 minDirect
  • Ueno20 minDirect
  • Tokyo31 min1 change
  • Ginza34 min1 change
  • Akihabara26 min1 change
  • Shibuya41 min1 change
  • Shinjuku41 min1 change
Airports
  • Haneda44 minDirect
  • Narita49 minDirect

Journey time for the quickest route, including any changes, weekday 10 am departure; Yahoo! Japan Transit, searched October 2026. Walking to the station is not included; airport trains may carry a limited-express charge. Haneda: Terminal 3 (international); Narita: Terminal 1.

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

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Price & Area in Numbers

This building — building and land
JPY 1,042,400
Asking price per sq m of floor area · includes the land
Official land price nearby — land only
JPY 780,000
Per sq m of land · nearest official point (commercial), about 0.6 km away · 1 January 2026 · 東京都葛飾区東立石4丁目80番1
↑ 16.1% in 1 year

The building's figure is the asking price divided by the total floor area, so it includes the land; the official land price is per sq m of land alone.

Tourism and land · public statistics
Area-wide figures, not this building
Commercial land
↑ 11.1%
Katsushika-ku average · 1 Jan 2026 vs a year earlier
International visitors to Japan
↑ 15.8%
2025 vs 2024
Hotel & inn room occupancy, Tokyo
76.8%
2025 (preliminary) · Japan as a whole 61.8%
Land near this building
↑ 16.1%
Nearest official point · 1 Jan 2026 vs a year earlier
Sources and notes

All figures are public statistics for the wider area, not an appraisal of this building, and none of them guarantees 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 13.26% and the net yield of 8.09% are calculated on the annual revenue stated in the listing material, annualised from March–May 2026. They are not contracted, audited or guaranteed figures.
  • Succession of the inn business licence and continuation of the current operator are subject to negotiation with the seller and to confirmation of the procedures required.
  • The building name is taken from the listing file and remains subject to confirmation.
  • Property ownership in Japan does not by itself provide visa or residency rights.

Listing & Transaction Information

RE/MAX INTERFACE — International Interface Co., Ltd. Broker License: Tokyo (3) 96857. 2-26-32 Minami-Aoyama, Seizan 402, Minato-ku, Tokyo, Japan. Contact: Ken Aoki. E-mail: kenichi.aoki@i-interface.com. Mobile: +81-80-3418-4295. TEL: +81-3-6804-3455.
Type of Transaction
Brokerage
Listed by
International Interface Co., Ltd.
Tokyo Governor's Licence (3) No. 96857
RE/MAX INTERFACE
Agent: Ken Aoki
#402 Seizan, 2-26-32 Minami-aoyama, Minato-ku, Tokyo, 107-0062, Japan