← Back to Properties
Guest bedroom with two double beds and a sofa
1 / 3
Bedroom

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

April 1987
Year Built
Approx. 7 min
To Iriya Station (Tokyo Metro Hibiya Line)
Approx. 7.6%
Indicative Gross Yield

Floor Plan

Floor plans of the first, second and third floors. Labels are as in the original plan.
Floor plan — 1F to 3F
April 1987
Year Built
Approx. 7 min
To Iriya Station (Tokyo Metro Hibiya Line)
Operating
Occupancy
Approx. 7.6%
Indicative Gross Yield

Property Description

This is a whole inn building at 4-5-13 Negishi in Taito Ward, about seven minutes on foot from Iriya Station on the Tokyo Metro Hibiya Line and nine minutes from Uguisudani Station on the JR Yamanote Line. Completed in April 1987, it is a steel-framed building of three storeys with 185.04 sq m of floor area on 99.17 sq m of freehold land in a commercial district, with road frontage on two sides.

The listing states that the inn business licence is held and the building is operating, and that both the licence and the operating agent can be taken over; a purchase of the owning company together with its permits is also open to discussion. The plans show two separate entrances, a dining area and a bedroom on the ground floor, a living room, a bedroom and a playroom on the first floor, and two bedrooms on the second, with a bathroom or shower room and a powder room on every floor, for up to twenty-one guests.

Annual revenue is given as JPY 30,280,000, calculated on the latest twelve months' sales, for an indicative gross yield of approximately 7.6%; the listing also states a net yield of 4.36% including operating-agent costs. The operating details are shared on enquiry.

Property Details

Property TypeInn / Lodging Building (Whole Building)
Asking PriceJPY 398,000,000
Address4-5-13 Negishi, Taito-ku, Tokyo
Nearest StationIriya Station (Tokyo Metro Hibiya Line)
Walking DistanceApprox. 7 min
AccessUguisudani Station (JR Yamanote Line) approx. 9 min on foot
Land Area99.17 sq m, registered (private road share 9.96 sq m; setback 7.63 sq m)
Building Area185.04 sq m (1F 69.84 · 2F 71.28 · 3F 43.92 sq m)
Building StructureSteel frame, 3 storeys
Year BuiltApril 1987
CapacityUp to 21 guests, as stated on the plan
ZoningCommercial District, Fire Prevention District, urbanisation promotion area
Building Coverage Ratio80%
Floor Area Ratio240%
Land CategoryResidential land
Road AccessPublic road of 3.7 m to the north-west (7.6 m frontage) and private road of 2.5 m to the south-east (7.8 m frontage)
Building FacilitiesMains water, public sewer, city gas
ParkingNone
TenureFreehold Ownership
Licence StatusInn business licence held and operating; succession to the licence possible
Operation TypeContinuation of the operating agent possible; purchase of the owning company with its permits also negotiable
OccupancyOperating
HandoverBy arrangement

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

Revenue

Annual Revenue
JPY 30,280,000
Basis
Latest twelve months' sales, as stated in the listing material
Indicative Gross Yield
Approx. 7.6%
Net Yield (as stated)
4.36%, including operating-agent costs
Occupancy
Operating
Handover
By arrangement

Gross yield before operating, management and ownership costs.

The revenue figure is the amount stated in the listing material, not an audited figure, and remains subject to verification.

Location, Transit & Everyday Convenience

The building stands in Negishi 4-chome in Taito Ward, between Iriya and Uguisudani. The listing material records Iriya Station on the Tokyo Metro Hibiya Line at approximately seven minutes on foot and Uguisudani Station on the JR Yamanote Line at approximately nine minutes.

The Hibiya Line runs through Ueno and Ginza, and the Yamanote Line loops through Ueno, Tokyo and Shinjuku; Ueno Station also serves the Keisei Skyliner to Narita Airport. 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.

Open in Google Maps

Taito Ward Land Prices and Tokyo Accommodation Demand

Commercial land in Taito Ward rose 19.1% in the Reiwa 8 (2026) Official Land Price Survey, residential land rose 14.2%, and land across all uses in the ward rose 18.5%.

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.

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, against 61.8% for Japan as a whole.

Taito Ward land prices and national visitor numbers, year on year · Tokyo room occupancy 2025
+19.1%
Commercial Land, Taito Ward
+15.8%
International Visitors to Japan
76.8%
Hotel Room Occupancy, Tokyo 2025

These figures describe Taito 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:

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 7.6% and the net yield of 4.36% are the figures stated in the listing material, based on the latest twelve months' sales. They are not audited or guaranteed figures.
  • Succession to the inn business licence and continuation of the operating agent are subject to negotiation with the seller and to the procedures required by the Hotel Business Act and the local authority.
  • Part of the site is subject to a setback of 7.63 sq m, as stated in the listing material.
  • The listing material does not state the fire-safety compliance status of the building; it is confirmed on enquiry.
  • 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