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 Type | Inn / Lodging Building (Whole Building) |
|---|---|
| Asking Price | JPY 398,000,000 |
| Address | 4-5-13 Negishi, Taito-ku, Tokyo |
| Nearest Station | Iriya Station (Tokyo Metro Hibiya Line) |
| Walking Distance | Approx. 7 min |
| Access | Uguisudani Station (JR Yamanote Line) approx. 9 min on foot |
| Land Area | 99.17 sq m, registered (private road share 9.96 sq m; setback 7.63 sq m) |
| Building Area | 185.04 sq m (1F 69.84 · 2F 71.28 · 3F 43.92 sq m) |
| Building Structure | Steel frame, 3 storeys |
| Year Built | April 1987 |
| Capacity | Up to 21 guests, as stated on the plan |
| Zoning | Commercial District, Fire Prevention District, urbanisation promotion area |
| Building Coverage Ratio | 80% |
| Floor Area Ratio | 240% |
| Land Category | Residential land |
| Road Access | Public 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 Facilities | Mains water, public sewer, city gas |
| Parking | None |
| Tenure | Freehold Ownership |
| Licence Status | Inn business licence held and operating; succession to the licence possible |
| Operation Type | Continuation of the operating agent possible; purchase of the owning company with its permits also negotiable |
| Occupancy | Operating |
| Handover | By arrangement |
Areas are the registered figures stated in the listing material and remain subject to verification.
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.
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 MapsCommercial 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.
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:
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