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.
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 Type | Inn / Lodging Building (Whole Building) |
|---|---|
| Asking Price | JPY 162,000,000 |
| Address | 7-12-3 Tateishi, Katsushika-ku, Tokyo |
| Nearest Station | Aoto Station (Keisei Oshiage Line) |
| Walking Distance | Approx. 8 min |
| Access | Keisei-Tateishi Station approx. 7 min on foot |
| Land Area | 79.98 sq m, registered |
| Building Area | 155.41 sq m (1F 51.54 / 2F 52.97 / 3F 50.90 sq m) |
| Building Structure | Wood frame, 3 storeys |
| Year Built | September 2025 |
| Zoning | Neighbourhood Commercial District, Quasi-Fire Prevention District, Height Control District (Type 3), urbanisation promotion area |
| Building Coverage Ratio | 80% |
| Floor Area Ratio | 300% |
| Land Category | Residential land |
| Parking | None |
| Furnishing | Furnished, with appliances |
| Tenure | Freehold Ownership |
| Licence Status | Inn business licence obtained; currently operating |
| Operation Type | Operator in place; continuation negotiable |
| Occupancy | Operating |
| Handover | By arrangement |
Areas are the registered figures from the listing material and remain subject to verification.
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.
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.
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.
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.
Open in Google MapsThe 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.
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:
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