A bargain building in Ikebukuro

Dear International Investors,

 

 
I surveyed an interesting 5-story commercial building in the west of Ikebukuro which is a popular and growing commercial area of Tokyo.

 

 

front

front

 

 

 

front 2

front 2

 

 

Price: approximately 400,000,000 yen

Type: a building for investment

Location: 3, Nishiikebukuro, Toshima-ku, Tokyo (5-min walk to Ikebukuto station)

Land: 144.49 sq. meters

Floor area: 629.18 sq. meters

Structure: RC / 5 stories + 1 story underground

Built in: 1995

Coverage/FAR: 80% / 600%

Current annual income: 22,596,060 yen

 

 

You should rent space in this building to a game palor and/or a restaurant as they have already been successful in this area. In fact, there are so many international and Japanese restaurants in the neighborhood.

 

 

 current tenant - a game palor (basement)

current tenant - a game palor (basement)

 

 

Just like Shibuya, Shinjuku, and Akihabara, Ikebukuro is becoming more popular among international people, in particular, Asians, than ever before. As a result, a number of Asian restaurants is rapidly growing in Ikebukuro. You will find international restaurants at any corner of Ikebukuro.

 

 

neighborhood

neighborhood

 

 

neighborhood 2

neighborhood 2

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Posted in Tokyo real estate market, Tokyo real estate view, Toshima-ku, Uncategorized

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