Prime Development Land in Tokyo's Historic Asakusabashi District
This exceptional development land parcel is located in the vibrant Asakusabashi 4-chome area of Tokyo's Taito Ward. The property offers a total land area of 91.56 square meters (approximately 27.69 tsubo), with a strategic corner location. According to the detailed agent notes, the land is flat and includes a required setback area of 6.25 square meters within the total area. It is important to note that while it is a corner lot, the building coverage ratio is not relaxed.
The property's access and road frontage are significant features. The site has road frontage on three sides: to the north, a 6-meter wide public road with a frontage of 6.2 meters (no designated position), and to the west, a 6-meter wide road. The land is registered as residential land within an Urbanization Area and a Commercial Zone, permitting a building coverage ratio of 80% and a floor area ratio of 360%. Ownership is freehold, and there are no specific building conditions, making it ready for redevelopment. The current state includes an old house, and the handover timing is negotiable.
The Asakusabashi area is a fascinating blend of old and new Tokyo, historically known as a wholesale district for traditional dolls and festival accessories. It is exceptionally well-connected, with the JR Sobu and Chuo-Sen lines' Asakusabashi Station just a 3-minute walk away and the Toei Asakusa Line station a 6-minute walk. This prime location offers easy access to major business and cultural hubs. A major nearby landmark is the iconic Senso-ji Temple in Asakusa, one of Tokyo's oldest and most significant Buddhist temples, which is just a short train or pleasant walk away along the Sumida River.
