Investment Building in Waseda, Shinjuku Ward, Tokyo
This commercial building, located in the vibrant Waseda area of Shinjuku, Tokyo, presents a solid investment opportunity. The property is a four-story steel structure built in December 1987, with a total floor area of approximately 173.07 square meters (52.35 tsubo) situated on a land plot of 71.53 square meters (21.63 tsubo). It is currently tenanted, offering immediate rental income. The building is conveniently accessible, just a 4-minute walk from Tokyo Metro Tozai Line's Waseda Station and a 10-minute walk from the Yurakucho Line's Edogawabashi Station.
Critical agent notes have been provided. The road access details specify: 'One-sided road, North side, width 5.9m, public road, frontage 5.2m.' Furthermore, important remarks include: 'The annual projected rental income includes management and common area fees. The contract will be exempt from liability for non-conformity. The property will be delivered without explicit boundary demarcation.' These are essential legal and practical details for any prospective buyer.
The Waseda district is famously known as a university town, home to the prestigious Waseda University, creating a constant demand for rental properties from students and academics. The area blends traditional charm with modern amenities. A notable nearby landmark is the historic Waseda University Tsubouchi Memorial Theatre Museum, a cultural hub dedicated to the performing arts. This building is situated within a Second Category Residential Zone in an urbanization promotion area, with a building-to-land ratio of 60% and a floor area ratio of 400%.
