A whole 5-storey reinforced-concrete building with 14 units in Nishi-Waseda 1-chome, Shinjuku-ku, completed in February 2025, a 2-minute walk from Waseda Station on the Toden Arakawa Line (Tokyo Sakura Tram) and an 11-minute walk from Waseda Station on the Tokyo Metro Tozai Line. It is currently operated as private lodging (minpaku) under the Private Lodging Business Act. - Price: ¥668,000,000 (tax included); projected rent and yield are not stated in the listing materials - Important: the current lodging business permits and registrations will not be transferred to the buyer. A buyer who wishes to continue the minpaku operation must file a new notification and complete the procedures at their own responsibility and cost (per the listing materials) - Important: the seller is exempt from liability for non-conformity (contract nonconformity liability) (per the listing materials) - Access: Waseda Station (Toden Arakawa Line / Tokyo Sakura Tram) 2 minutes on foot; Waseda Station (Tokyo Metro Tozai Line) 11 minutes on foot - Building: reinforced concrete, 5 storeys, completed February 2025; total floor area 330.18㎡; 14 units; completion inspection certificate issued - Unit equipment (per the listing materials): system kitchen with 2-burner gas hob, intercom with monitor, toilet with warm-water bidet, bathroom with reheating and drying functions, air conditioning in the living/dining area (number of units not stated); furnished with furniture and appliances - Shared: auto-lock entrance and delivery box - Land: 111.99㎡, freehold, residential land; faces a public road approx. 4.9 m wide on the north with approx. 10 m of frontage - Zoning: quasi-industrial, building coverage 60%, floor area ratio 300%; urbanization promotion area, quasi-fire prevention district, Type 3 height control district; no land readjustment or planned road - Current status: operating as minpaku; handover negotiable