Prime Corner Plot in Tokyo's Historic Taito Ward
This is a rare opportunity to acquire a corner plot of land in the sought-after Taito Ward of Tokyo. The property is a leasehold land parcel with a total area of 73.01 square meters (approximately 22.08 tsubo), offering a prime location for development or investment. The land is designated as residential land within a commercial zone under the Urbanization Promotion Area, with favorable building regulations allowing for a floor area ratio of 360% and a building coverage ratio of 80%. This presents significant potential for constructing a multi-story residential or mixed-use building.
Critical agent notes regarding the road access and plot specifics have been provided. The property is situated on a corner lot. To the north, it fronts a 6-meter wide public road with a frontage of 7.7 meters, and no positional designation is required for this side. To the west, it also fronts a 6-meter wide road. This dual road frontage enhances access, light, and potential architectural design. The land is level and currently has an old house on it, which is a conditional factor. There are no specific building conditions attached to the land, meaning it is suitable for rebuilding. The transfer of the property is negotiable regarding timing.
The location is exceptionally well-connected, within an 8-minute walk from Tokyo Metro Ginza Line's Inaricho Station, a 10-minute walk from the Hibiya Line's Iriya Station, and a 12-minute walk from the JR Yamanote Line's Ueno Station. This places residents within easy reach of central Tokyo's vast train network. The area of Matsugaya in Taito Ward is steeped in history and culture, located near the famous Asakusa district. An interesting local fact is that the nearby Kappabashi-dori, or "Kitchen Town," is a wholesale district famous for its restaurant supplies, including the plastic food models displayed in eateries across Japan. The closest major landmark is the expansive Ueno Park, a cultural hub featuring museums like the Tokyo National Museum, a zoo, and beautiful seasonal cherry blossoms.
