Setagaya

Commercial building
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Description

The offered property is a modern commercial building situated in the prestigious Setagaya district of Tokyo. Anticipating a favorable return on investment of 5.43%, the property is currently fully leased, providing stable income. The building, constructed in 2018 using a wooden structure, boasts an excellent location just a five-minute walk from the train station, making it an attractive spot for tenants. The land area covers 153.37 m², and the building spans two floors. Notably, the property has adequate parking, which is undoubtedly an asset in an urban environment. The plot is residential in nature, opening up additional possibilities in the future. Given the excellent location and the current condition of the property, this is a place that could attract a variety of business interests.

City Description

Setagaya is one of the 23 special wards of Tokyo, predominantly residential in character but offering many interesting places and attractions worth visiting. It is one of the largest and most populous wards in Tokyo, blending modernity with tradition, making it a unique place to live and explore. Notably, the Seikado Bunko Art Museum boasts a rich collection of Japanese, Chinese, and Korean art, including ancient manuscripts and ceramics. For culture enthusiasts, visiting the Gotoh Museum is also worthwhile, as it houses works related to Asian art and traditional crafts. Setagaya is also home to one of Tokyo’s largest antique markets – the Boroichi Market. This biannual fair attracts crowds of both locals and tourists, offering a variety of handicrafts, souvenirs, and numerous food stalls serving local delicacies. Kinuta Park, with its spacious lawns and rich flora, is an excellent spot for picnics and relaxation away from the hustle and bustle of urban life. The park also provides opportunities for sporting activities like tennis and golf. For architecture and history lovers, a visit to the Gotokuji Temple is recommended, known as the birthplace of the maneki-neko – the lucky cat with a raised paw. It is a unique site that draws many tourists from around the world seeking a piece of Japanese symbolism and magic. While traveling through Setagaya, one cannot overlook the futuristic district of Futako-Tamagawa, featuring modern shopping centers such as the Rise Shopping Center. This place is a paradise for shopping and culinary discoveries, as well as an excellent point to feel the pulse of contemporary life in Tokyo. Setagaya is where tradition meets modernity, and where one can easily adapt to the rhythm of everyday life in Tokyo while drawing from the cultural richness and entertainment offerings of this dynamic district.

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Price845 994 USD
ProfitabilityProfitability 5.43%
Yearly profit45 937 USD
Monthly profit3828 USD
TypeCommercial building
LocationSetagaya