A three-storey wooden house completed in October 2025 in Oshiage 2-chome, an 8-minute walk from Oshiage Station on the Keisei Oshiage Line and a 5-minute walk from Hikifune Station. It holds a ryokan (inn) business license and is currently operating as a ryokan, with furniture and appliances included, per the listing materials. - Price: ¥198,000,000 (tax included) - Income: projected annual revenue ¥22.59 million (calculated as revenue for March to May 2026 × 4); projected gross yield 11.41%, net yield 7.77% (as stated in the listing materials) - Ryokan license: obtained and in operation. Items that can be taken over (negotiable): the ryokan license and the operation agency service; if the buyer wishes to continue with the operation agency, the price is negotiable (as stated in the listing materials) - Access: Keisei Oshiage Line, Oshiage Station 8 min walk; Hikifune Station 5 min walk - Land: 69.50㎡ (surveyed, excluding private road), freehold, flat; private road burden 1.15㎡ - Road access and setback: faces a private road approx. 4.0 m wide on the north (frontage 5.7 m). Setback completed - Building: wooden, 3 storeys, total floor area 130.31㎡ (1F 43.02㎡, 2F 44.68㎡, 3F 42.61㎡), built October 2025 - Layout (from the floor plan): 1F entrance, living-dining room, kitchen, toilet; 2F two bedrooms, bathroom, shower room, washroom, toilet; 3F two bedrooms, toilet, futon storage, balcony with a smoking area. Capacity up to 15 guests (1 queen bed, 4 double beds, 2 single beds, 3 futons) - Utilities: public water, public sewer, city gas - Parking: none - Zoning: urbanization promotion area, semi-industrial zone, building coverage 80%, floor area ratio 200%; quasi-fire prevention district, Tokyo new fire-prevention regulation area, Category 3 height district, Category 2 special industrial district; Landscape Act, Civil Aeronautics Act and the Residential Land and Specified Fill Regulation Act apply - Current status: operating; handover date negotiable