Prime Development Land in Tokyo's Historic Asakusa District
This prime development land is located in the heart of Tokyo's historic Asakusa area, specifically in Taito Ward's Motosasakusa 1-chome. The plot offers a total land area of 35.53 square meters (approximately 10.74 tsubo), presenting a significant opportunity for investors and developers. The land is designated as residential land within a commercial zone under the Urban Planning Act, with a building coverage ratio of 80% and a floor area ratio of 300%, allowing for flexible and potentially lucrative development.
Key property details include its status as a re-buildable plot with no specific construction conditions attached, offering freedom in design. The site is currently occupied by an old house, which will be removed. The land rights are full ownership, and the transfer of possession timing is negotiable. The terrain has a slight slope, and the plot fronts a single road to the east with a width of 6 meters. A notification under the National Land Use Planning Act is not required for this transaction.
The location is exceptionally well-connected, being just a 2-minute walk from the Toei Oedo Line's Shin-Okachimachi Station and the Tokyo Metro Ginza Line's Inaricho Station. Ueno Station on the JR Yamanote Line is also within a 15-minute walk, providing direct access to major business and entertainment hubs across Tokyo. The area of Asakusa is famed for its deep historical roots as one of Tokyo's oldest entertainment districts, seamlessly blending traditional culture with modern city life. A major landmark just a short distance away is the iconic Senso-ji Temple, Tokyo's oldest temple, which draws millions of visitors annually and is a cornerstone of the area's vibrant atmosphere.
