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Hotel Nesta Oshiage Two seen from the street, a grey-clad three-storey building with a recessed entrance
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Building exterior and entrance

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

October 2025
Year Built
Approx. 8 min
To Oshiage Station (Keisei Oshiage Line)
Operating
Occupancy
Approx. 11.41%
Indicative Gross Yield

Property Description

Hotel Nesta Oshiage Two is a newly built inn building at 2-37-12 Oshiage in Sumida Ward, eight minutes on foot from Oshiage Station and five from Hikifune. The three-storey wood-framed building was completed in October 2025 and has 130.31 sq m of floor area on 69.50 sq m of freehold land, surveyed, with the setback to the private road in front already completed.

It opened as licensed accommodation from the start: the listing states that the inn business licence has been obtained and the building is operating, and that both the licence and the current operating agent can be taken over by agreement — with room to discuss the price where a buyer wishes to keep the operator. The flyer notes that it is furnished and can operate on every day of the year. The plans set a living room and a long kitchen-dining space on the ground floor, bedrooms, a bathroom and a shower room on the second, and further bedrooms and a balcony on the third, for a stated maximum of fifteen guests.

Annual lodging revenue is given as JPY 22,590,000, annualised from the March to May 2026 takings, for an indicative gross yield of approximately 11.41% and a net yield of 7.77% as stated in the listing. Operating details are shared on enquiry.

Property Details

Property TypeInn / Lodging Building (Whole Building)
Asking PriceJPY 198,000,000
Address2-37-12 Oshiage, Sumida-ku, Tokyo
Nearest StationOshiage Station (Keisei Oshiage Line)
Walking DistanceApprox. 8 min
AccessHikifune Station approx. 5 min on foot
Land Area69.50 sq m, surveyed (private road share approx. 1.15 sq m; setback completed)
Building Area130.31 sq m (1F 43.02 · 2F 44.68 · 3F 42.61 sq m)
Building StructureWood frame, 3 storeys
Year BuiltOctober 2025
ZoningQuasi-Industrial District, Quasi-Fire Prevention District, urbanisation promotion area
Building Coverage Ratio80%
Floor Area Ratio200%
Land CategoryResidential land
ParkingNone
TenureFreehold Ownership
Licence StatusInn business licence held and operating; succession to the licence negotiable
OperationContinuation of the current operating agent negotiable
OccupancyOperating
HandoverBy arrangement

Areas are the figures stated in the listing material and remain subject to verification.

Revenue

Annual Lodging Revenue
JPY 22,590,000
Basis
March–May 2026 revenue × 4, as stated in the listing material
Indicative Gross Yield
Approx. 11.41%
Net Yield (as stated)
7.77%
Occupancy
Operating
Handover
By arrangement

Gross yield on lodging revenue, before operating, management and ownership costs. The net yield is the figure stated in the listing material; its cost basis is confirmed on enquiry.

The revenue figure is lodging revenue from operating the building, not rent. It is annualised from three months of trading in a building completed in October 2025, is not audited, and remains subject to verification.

Location, Transit & Everyday Convenience

The building stands in Oshiage 2-chome in Sumida Ward. The listing material records Oshiage Station on the Keisei Oshiage Line at approximately eight minutes on foot, and Hikifune Station at approximately five.

Oshiage is an interchange for the Keisei Oshiage Line, the Toei Asakusa Line, the Tokyo Metro Hanzomon Line and the Tobu Skytree Line, with Tokyo Skytree and the Solamachi shopping complex beside the station and Asakusa a short ride away.

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

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Sumida Land Prices and Tokyo Accommodation Demand

Commercial land in Sumida Ward rose 15.0% 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 13.2% and all uses 14.2%.

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.

Sumida land prices and national visitor numbers, year on year · Tokyo room occupancy 2025
+15.0%
Commercial Land, Sumida Ward
+15.8%
International Visitors to Japan
76.8%
Hotel Room Occupancy, Tokyo 2025

These figures describe Sumida 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 11.41% is calculated on annual lodging revenue annualised from March to May 2026, before operating, management and ownership costs. It is not an audited figure, and a short trading record does not guarantee future performance.
  • Succession to the inn business licence and continuation of the operating agent are negotiable and subject to agreement with the seller and to the procedures required by the Hotel Business Act and the local authority.
  • 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.