Setagaya

Commercial building
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Description

This property is a functional commercial building located in an attractive area of Setagaya in Tokyo. Just a few steps away from the train station, it makes for an ideal investment for those seeking profitable rental opportunities. The property features a robust steel structure, ensuring durability and safety. With a current return on investment of 5.62%, the property has high demand from tenants, resulting in full occupancy. The building comprises five units, creating opportunities for a variety of commercial activities. An additional advantage is the presence of parking, which is rare in urban settings. The building was constructed in 1991 and has been well-maintained, allowing for continued use without significant financial outlay. The property is vacant, opening new opportunities for future investors.

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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Price880 384 USD
ProfitabilityProfitability 5.62%
Yearly profit49 478 USD
Monthly profit4123 USD
TypeCommercial building
LocationSetagaya