Selected images and diagrams are reproduced from the materials supplied for this listing.
This is a new inn building at Tateishi 1-chome in Katsushika Ward, three minutes on foot from Keisei-Tateishi Station. The listing records it as under construction, with completion scheduled for August 2026: three wood-framed storeys with a total floor area of 92.71 sq m, taken from the building confirmation application, on 51.60 sq m of freehold land.
The listing states that the inn business licence has already been obtained, with operation planned once the building is complete. The plans show a 6.25 jō storage room and a 5.5 jō room with a bathroom, washroom and WC on the ground floor, a living, dining and kitchen room of 14.3 jō on the second floor with a shower room and WC, and two further rooms on the third, each with overhead storage.
The listing gives an indicative gross yield of approximately 14.4% and a net yield of 7.9%; it does not state the revenue figure behind them, and as the building has not yet traded both are projections. The inn licence and an operating agent can be taken over, subject to negotiation, with the price open to discussion where the buyer keeps that operator. The basis of the projection and the completion schedule are confirmed on enquiry.
| Property Type | Inn / Lodging Building (Whole Building, New) |
|---|---|
| Asking Price | JPY 93,000,000 |
| Address | Tateishi 1-chome, 8-go 11-ban, Katsushika-ku, Tokyo (as printed in the listing) |
| Nearest Station | Keisei-Tateishi Station (Keisei Oshiage Line) |
| Walking Distance | Approx. 3 min |
| Land Area | 51.60 sq m, registered |
| Building Area | 92.71 sq m (1F 24.63 / 2F 35.11 / 3F 32.97 sq m), from the building confirmation application |
| Building Structure | Wood frame, 3 storeys |
| Year Built | Completion scheduled August 2026 |
| Zoning | Category 1 Residential District, Quasi-Fire Prevention District, Height Control District (Type 2), urbanisation promotion area |
| Building Coverage Ratio | 60% |
| Floor Area Ratio | 200% |
| Land Category | Residential land |
| Parking | None |
| Tenure | Freehold Ownership |
| Licence Status | Inn business licence obtained; operation planned |
| Operation Type | Operating agent available; continuation negotiable |
| Occupancy | Under construction |
| Handover | By arrangement |
Areas are from the listing material; the building area is taken from the building confirmation application. All remain subject to verification.
Gross yield before operating and ownership costs.
The building is not yet complete and has no trading record. The yields are projections stated in the listing material, not contracted, trading or audited figures, and remain subject to verification.
The building stands in Tateishi 1-chome in Katsushika Ward, close to the shopping streets around Keisei-Tateishi Station. The listing material records the station at approximately three minutes on foot.
Keisei-Tateishi is on the Keisei Oshiage Line, which runs through towards Oshiage and central Tokyo and connects with Keisei services towards Narita Airport. Journey times vary with the service and any changes, so none are stated here.
The map indicates Tateishi 1-chome, where the property is located. The walking time above is 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.
