Turnkey Tokyo Investment with Hotel License | 7.34% Yield | South Taito Ward

Tokyo Hospitality Building for Sale | Near Asakusa | Hotel License | 7.34% Yield

A fully leased income-producing property in Tokyo with a hotel business license, offering stable cash flow and proximity to major tourist hubs.

Overview

This is a rare opportunity to acquire a whole building in Tokyo’s historic downtown, Minami-Senju (Taito Ward), fully licensed under Japan’s Hotel Business Act (Ryokan License – Simplified Lodging). Located just 15 minutes by train from Asakusa, this property is ideally positioned to serve inbound tourism demand, while generating immediate income from existing leases.

Key Investment Details:

Asking Price: JPY 320,000,000 (approx. USD 2.13 million)
Gross Annual Income (fully leased): JPY 23,490,000 (approx. USD 156,600)
Gross Yield: 7.34%
Structure: 5-story Reinforced Concrete (RC) building
Total Floor Area: 388.98 sqm (approx. 117.7 tsubo)
Land Area: 106.90 sqm (approx. 32.3 tsubo)
Zoning: Commercial
Year Built: February 1974
Land Tenure: Freehold
Access: 8-minute walk to Minami-Senju Station (JR Joban Line, Hibiya Line, Tsukuba Express)

Location Advantage: Easy Access to Asakusa and Central Tokyo

Minami-Senju is a well-connected area in Tokyo’s Taito Ward, attracting attention for its affordability, direct train access, and increasing tourist foot traffic. From Minami-Senju Station, Asakusa—Tokyo’s cultural heart and one of its most visited destinations—is just 15 minutes by train. Ueno, Akihabara, and Tokyo Station are also easily accessible, making this an ideal location for hospitality operations.

Japan’s Tourism Boom: Stronger than Ever in 2025

According to the Japan National Tourism Organization (JNTO), Japan welcomed a record 36.86millioninternational visitors in 2024, surpassing the previous peak of 31.88 million in 2019. The momentum continues in 2025, with January alone recording over 3.78 million foreign arrivals—a 40.6% year-on-year increase and the highest monthly figure on record.

Analysts now project up to 40.2 million foreign visitors in 2025, driven by factors such as a weak yen, proactive government tourism initiatives, and the 2025 Osaka-Kansai World Expo (April 13 – October 13). Japan is now Asia’s top inbound tourism destination, having overtaken Thailand in 2024. This makes licensed hotel assets in Tokyo highly sought-after among international investors.

365-Day Operation Under the Hotel Business Act

This property is registered under the Hotel Business Act (Ryokan Business – Simplified Lodging Category), not the Private Lodging (Minpaku) Act. The distinction is crucial:

Minpaku operations are legally limited to 180 days/year
Hotel Business Act licenses allow 365-day operation, provided all ongoing regulatory requirements are met

This gives the buyer full operational flexibility as a hostel, guesthouse, or small-scale hotel, compliant with Tokyo metropolitan standards.

Facility Highlights

Fully leased: Immediate income stream
Hotel license secured: Ready for repositioning or continued operation
Frontage on a 21.9m-wide public road – ideal for signage and access
Durable RC construction, reducing maintenance cost over time
Prime connectivity: Three train lines within walking distance
Rarely available asset class with growing inbound demand

Why Invest in Tokyo Now?

Tokyo’s real estate and hospitality sectors are being revitalized by robust inbound tourism. Properties like this—legally positioned for hotel operations, located near major transport and tourist corridors, and already income-generating—represent a compelling opportunity.

Whether you are an institutional buyer, private investor, or hotel operator, this is a strategic, future-ready acquisition in Asia’s top-performing tourism market.

Contact Us

For further details, investment consultation, or to schedule a private tour:

Toshihiko Yamamoto is the founder and principal broker of Yamamoto Property Advisory,

a distinguished real estate brokerage in Tokyo that specializes in luxury residential and investment properties for an international clientele.

His firm caters to discerning investors seeking premier properties for personal use and income-generating whole buildings for investment purposes.

A licensed realestate broker in Japan, Mr. Yamamotoholds an MBA from Bond University in Australia

and a Certified Commercial Investment Member (CCIM) designation from the CCIM Institute in the United States.

His extensive international experience, having lived abroad in Australia and the United Kingdom, equips him

with a nuanced understanding of global real estate trends and the unique needs of foreign investors.

With over two decades of experience in international business, Mr. Yamamoto has successfully conducted business with clients from more than 20 countries.

As a seasoned property investor himself, he provides informed guidance to his clients as they navigate the intricacies

of the Japanese real estate market to secure optimal investments.

Discover more in his book, “The Savvy Foreign Investor’s Guide to Japanese Properties: How to Expertly Buy, Manage,

and Sell Real Estate in Japan,” available on Amazon, iBooks, and Google Play.

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