Prime Development Land in Tokyo's Historic Taito Ward
This 78.72 square meter (approximately 23.81 tsubo) plot of land presents a significant development opportunity in the vibrant Taito Ward of Tokyo. The property is currently utilized as a coin-operated parking lot, with the contract scheduled for termination at the end of February. Upon sale, the asphalt surfacing and parking machinery will be removed, delivering the site as vacant land ready for new construction.
Key property details include a favorable road frontage of 7.4 meters along a 4-meter wide public road to the southeast, with the site being accessed from a single side. The land is flat, zoned for commercial use within the urbanization promotion area, and offers a high floor area ratio of 240% and a building coverage ratio of 80%, allowing for substantial development potential. The optimal use is designated as residential land, and the property is scheduled to be available for handover in early March 2026.
The area, Taito Ward, is steeped in history and culture, being home to the world-famous Senso-ji Temple, Tokyo's oldest temple. This historic and bustling district offers a unique blend of traditional atmosphere and modern convenience, making it a highly desirable location for both living and investment. The property is within walking distance of several key stations, including Tokyo Metro Hibiya Line's Minowa Station and Tsukuba Express's Asakusa Station, each approximately a 14-minute walk away.
