Selected images are reproduced from the materials supplied for this listing.
This is a newly built inn building at 2-17-8 Mukojima in Sumida Ward, ten minutes on foot from Oshiage Station. Completed in April 2025, it is a reinforced concrete building of five storeys with 337.35 sq m of floor area on 91.53 sq m of freehold land in a commercial district, fronting a public road of 5.9 metres.
The listing states that the inn business licence has been obtained and the building is operating, and it leaves an unusually wide range of structures open to discussion. The licence and the operating agent can both be taken over; alternatively, the seller will lease the building back, in which case the buyer holds it as a let investment at an assumed rent of JPY 198,000 per room; it can also be handed over entirely vacant, and other terms a buyer wants are open to negotiation. It is furnished and can operate on every day of the year. The photographs show guest rooms finished in pale tones, a kitchen with a dining counter and a full bathroom.
Annual lodging revenue is given as JPY 58,050,000 on a simulation rather than a trading record, for an indicative gross yield of approximately 11.61%. The operating details, the room count and the lease-back terms are shared on enquiry.
| Property Type | Inn / Lodging Building (Whole Building) |
|---|---|
| Asking Price | JPY 500,000,000 |
| Address | 2-17-8 Mukojima, Sumida-ku, Tokyo |
| Nearest Station | Oshiage Station (Keisei Oshiage Line) |
| Walking Distance | Approx. 10 min |
| Land Area | 91.53 sq m, registered |
| Building Area | 337.35 sq m (1F 65.99 · 2F 67.84 · 3F 67.84 · other floors 135.68 sq m) |
| Building Structure | Reinforced concrete, 5 storeys |
| Year Built | April 2025 |
| Zoning | Commercial District, Fire Prevention District, urbanisation promotion area |
| Building Coverage Ratio | 80% |
| Floor Area Ratio | 400% |
| Land Category | Residential land |
| Parking | None |
| Tenure | Freehold Ownership |
| Licence Status | Inn business licence held and operating; succession to the licence possible, terms negotiable |
| Operation | Continuation of the operating agent possible; seller lease-back or full vacant handover also negotiable |
| Occupancy | Operating |
| Handover | By arrangement |
Areas are the figures stated in the listing material and remain subject to verification. The listing groups the fourth and fifth floors as "other" (135.68 sq m).
Gross yield on simulated lodging revenue, before operating, management and ownership costs.
The revenue figure is a simulation of lodging revenue, not a trading record and not rent. The lease-back rent is an assumption stated in the listing material. Both remain subject to verification and agreement.
The building stands in Mukojima 2-chome in Sumida Ward, on the east bank of the Sumida River across from Asakusa. The listing material records Oshiage Station on the Keisei Oshiage Line at approximately ten minutes on foot.
Oshiage is an interchange for the Keisei Oshiage Line, the Toei Asakusa Line, the Tokyo Metro Hanzomon Line and the Tobu Skytree Line, and Tokyo Skytree stands beside the station. Mukojima itself is one of the older quarters of the city, with Sumida Park and the river walk towards Asakusa close by.
The map indicates the location of the property. Walking times above are as stated in the listing material.
Open in Google MapsCommercial 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.
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:
Availability, price and property details remain subject to confirmation at the time of enquiry.
