Ginza Retro Retail Building

¥520,000,000

Gross yield: 3.46%

Land & Building  | Building size: 145.04 sqm (1,561 sq.ft)
Ginza, Chuo-ku, Tokyo


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ABOUT

This is a 4-story reinforced concrete commercial building in the Ginza 3 Chome address. It is a 2-minute walk from Higashi-Ginza Station and an 8-minute walk from Ginza Station.

The building is fully leased for 1.5 million Yen (excl. tax) per month, providing a gross annual rental income of 18 million Yen.

Each floor is approximately 36.26 sqm (390 sq.ft) and the layout is suited for a single tenancy. There is no elevator.

LOCATION

Ginza 3 Chome, Chuo-ku, Tokyo

Higashi-Ginza Station – 2 min walk
(Hibiya Line)

Ginza Station – 8 min walk
(Ginza Line)

Ginza Itchome Station – 5 min walk
(Yurakucho Line)


  • Showa-dori Street: 70 meters
  • Ginza Chuo-dori Street: 400 meters
  • Kabukiza Theatre: 300 meters
  • Mitsukoshi Ginza: 500 meters

FLOOR PLAN

DETAILS

Type: Retail building & Land
Building name:
Price: 520,000,000 Yen (incl. consumption tax)
Built: July 1961
Construction: 4-story, Reinforced concrete
Construction company:
Land size (registered): 47.63 sqm (512 sq.ft)
Building size (registered): 145.04 sqm (1,561 sq.ft)
Setback:
Land rights: Freehold
Road: Approx. 4-meter wide public road on north-east side and 6-meter wide public road on south-east side.
Road frontage: Approx. 9.6 meters (north-east) and 4.9 meters (south-east)
Zoning: Commercial Zone
Building footprint ratio: 80%
Building floor-area ratio: 360%
Status: Leased
Delivery: To be negotiated
Transaction type: Brokerage
Brokerage fee: 3% + 60,000 Yen + consumption tax, charged to buyer.
*Inspection subject to approval by seller. Inspections may not be possible with tenanted properties.*Registered sizes may be different from measured sizes.
*Sale price is inclusive of consumption tax.
*Ginza District Plan (B).
*Car park district.
*High use district.
Last updated: October 3, 2022. Next update (scheduled): October 17, 2022.

MAKE AN INQUIRY

To inquire about this property please fill in the form below:

*Japan Property Central, K.K. is a fully licensed real estate agency. We are able to assist buyers with the purchase of this property or similar ones. Our fees to buyers are 3% + 60,000 Yen + consumption tax.

Disclaimer:
All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
All care has been taken in preparing this floor plan, however the accuracy is not guaranteed and no liability will be accepted for any reliance placed upon it. In the event of any conflict between the floor plan and actual conditions, the latter shall prevail. Dimensions are approximate.