Kiyosumi Shirakawa Coffee Warehouse

¥226,700,000

Gross yield: 2.29%

Land & Building  | Building size: 149.71 sqm (1,611 sq.ft)
Hirano, Koto-ku, Tokyo


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ABOUT

Kiyosumi Shirakawa – Tokyo’s hip third-wave coffee district. For sale is a renovated warehouse from the 1950s tenanted with one of the trendiest coffee shops in the neighborhood.

This neighborhood has seen a wave of coffee shops and roasteries open up in recent years, with the opening of Japan’s first Blue Bottle Coffee nearby in 2015 perhaps leading the hipsterfication of the area.

Once an old warehouse district, the old and underutilized warehouses and buildings are gradually being demolished and redeveloped as the district undergoes gentrification and densification.

This property is currently leased to a tenant for 434,500 Yen/month. It is not possible to inspect before or after purchase while occupied by a tenant. The terms and conditions of the original lease transfer to the buyer upon purchase.

Flood Risk:

1] Located within a 0.5 ~ 3 meter flood risk zone in the event that the Arakawa River overflows. In this scenario, flood waters are expected to last for over two weeks.

2] Located near a 0.1 ~ 0.5 meter flood risk zone in the event of heavy rainfall around Sumida River and Shingashi River catchment area (690mm total rainfall and peak rain of 153mm per hour) that exceeds stormwater drainage capacity. 

3] Located in a 0.5 ~ 3 meter flood risk zone in the event of high tides from a large-scale typhoon (910hPa) moving at 73km/hr. In this scenario, flood waters are expected to last for over one week.

Flood hazard maps for Koto Ward can be downloaded from the Koto City Website: https://www.city.koto.lg.jp/470601/20200701.html

LOCATION

Hirano 2 Chome, Koto-ku, Tokyo

Kiyosumi-Shirakawa Station – 10 min walk
(Hanzomon, Oedo Lines)

Kiba Station – 10 min walk
(Tozai Line)

Monzen-Nakacho Station – 14 min walk
(Tozai, Oedo Lines)


  • Kiba Park: 300 meters
  • Allpress Espresso: 200 meters
  • Blue Bottle Coffee: 400 meters
  • Kiyosumi Park: 700 meters

FLOOR PLAN

DETAILS

Type: Warehouse building & Land
Building name:
Price: 226,700,000 Yen
Built: September 1957
Construction: 2-story, Wooden
Construction company:
Land size (registered): 178.44 sqm (1,920 sq.ft)
Building size (registered): 149.71 sqm (1,611 sq.ft)
Setback:
Land rights: Freehold
Road: Approx. 8-meter wide public road on east side
Road frontage: Approx. 9.4 meters
Zoning: Semi-industrial zone
Building footprint ratio: 60%
Building floor-area ratio: 300%
Status: Leased
Delivery: To be negotiated
Transaction type: Brokerage
Brokerage fee: 3% + 60,000 Yen + consumption tax, charged to buyer.
*Interior inspections may not be possible with tenanted properties.*Registered sizes may be different from measured sizes.
Last updated: October 3, 2022. Next update (scheduled): October 17, 2022.

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*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.