ID: 334
This is a prime investment opportunity: a commercial building located in Hyakunincho, Shinjuku Ward, Tokyo. The property, known as Ichibangai Building, was constructed in April 1990 and boasts a robust Reinforced Concrete (RC) structure, spanning one basement floor and three above-ground levels. It features a total building size of approximately 870 square meters on a land plot of about 330 square meters. The building comprises seven units, including six retail shops and one office, all currently fully occupied as of July 24, 2026, offering immediate rental income. Its strategic location provides excellent transportation access; it's just a 2-minute walk to Shin-Okubo Station on the JR Yamanote Line and a 4-minute walk to Okubo Station on the JR Chuo Line. Furthermore, Shinjuku Station is conveniently within walking distance, approximately 15 minutes away. The building has seen continuous maintenance and upgrades, with recent or planned major renovation works including exterior painting and waterproofing (completed March 2026), common area PE net installation (completed May 2026), elevator renewal (scheduled July 2026), and cubicle renewal (scheduled October 2026). Zoned as a Neighborhood Commercial Area within a Commercial Zone, the property benefits from a building coverage ratio of 80% and a floor area ratio of 300%. Essential amenities include an elevator and access to Tokyo Electric Power, City Gas, Public Water, and Public Sewer. This well-maintained and strategically located property in one of Tokyo's vibrant commercial districts presents a compelling prospect for investors seeking a stable income stream.
