Selected images and diagrams are reproduced from the materials supplied for this listing.
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 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, residential land rose 5.6%, and land across all uses in the ward rose 7.3%.
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 rent, value or performance. The 2025 occupancy figures are preliminary.
Sources:
Availability, price and property details remain subject to confirmation at the time of enquiry.
