FOR SALE – FORMER HASEKO TENJIN BUILDING, FUKUOKA CITY, JAPAN
7-Story Commercial Building | Potential 130-Unit Capsule Hotel Conversion | Prime Tenjin Location | Freehold Property
ASKING PRICE: ¥1,300,000,000 (1.3 Billion Japanese Yen)
PROPERTY OVERVIEW
Property Name: Former Haseko Tenjin Building (旧長谷工天神ビル)
Location: 1-8-33 Maizuru, Chuo-ku, Fukuoka City, Fukuoka Prefecture, Japan
Address in Japanese: 福岡県福岡市中央区舞鶴1丁目8-33
Property Type: Entire Commercial Building
Building Usage: Offices and Retail / Commercial Space
Building Structure: Steel Frame Construction
Roof Structure: Flat Roof
Number of Floors: 7 Above Ground
Construction Date: November 2004
Building Age: Approximately 22 Years (as of November 2026)
Current Status: Vacant
Land Ownership: Freehold
Handover: Negotiable
PROPERTY SIZE
Land Area: 195.02 m² (approximately 2,099 sq. ft.)
Total Building Floor Area: 872.52 m² (approximately 9,392 sq. ft.)
Land Area in Tsubo: Approximately 58.99 tsubo
Total Building Area in Tsubo: Approximately 263.94 tsubo
Land Classification: Building Land
Terrain: Flat
Building Coverage Ratio: 80%
Floor Area Ratio: 500%
TRANSPORTATION & ACCESSIBILITY
Nearest Station: Tenjin Station
Railway Line: Fukuoka City Subway Airport Line
Walking Distance: Approximately 8 minutes
Additional Station: Nishitetsu Fukuoka (Tenjin) Station
Railway Line: Nishitetsu Tenjin-Omuta Line
Walking Distance: Approximately 11 minutes
The property is situated in the Maizuru district of central Fukuoka, within walking distance of the Tenjin commercial and business district.
Its convenient location provides access to shopping, dining, entertainment, public transportation, and business facilities.
EXCEPTIONAL REDEVELOPMENT OPPORTUNITY – POTENTIAL 130-UNIT CAPSULE HOTEL
A compelling opportunity to acquire a seven-story commercial building in central Fukuoka with substantial flexibility for redevelopment, including a proposed conversion into a large-scale capsule hotel.
The Former Haseko Tenjin Building presents an attractive opportunity for investors, developers, and hospitality operators seeking to establish or expand their presence in Fukuoka.
With approximately 872.52 m² of total building floor area, flexible interior layouts, and a convenient location near Tenjin Station, the property offers several possible commercial redevelopment strategies.
PROPOSED CAPSULE HOTEL CONVERSION
According to information supplied by the selling representatives, the building may be suitable for conversion into a capsule-style hotel.
A preliminary redevelopment concept includes:
Floors 2–6: Potential configuration accommodating approximately 130 capsule accommodation units in total.
Floor 7: Existing multifunction hall that could potentially accommodate additional guest facilities or accommodation, depending on the final design.
Ground Floor: Potential use for hotel reception, guest services, or other supporting commercial facilities.
PRELIMINARY CONVERSION COST
Estimated Hotel Conversion Budget: Slightly Over ¥300,000,000
Building Asking Price: ¥1,300,000,000
Indicative Combined Acquisition and Conversion Budget: More Than ¥1,600,000,000
The combined figure excludes property acquisition taxes, brokerage fees, professional fees, financing costs, and other potential expenses.
The proposed conversion offers an opportunity to explore establishing a substantial accommodation business within an existing building rather than undertaking a completely new development.
The approximately 130-unit concept remains preliminary and is subject to detailed architectural planning and all necessary regulatory approvals.
EXISTING BUILDING LAYOUT
The property currently contains office-style rooms, smaller individual rooms, and a multifunction hall.
7th Floor: Multifunction Hall
6th Floor: 3 Rooms
5th Floor: 12 Smaller Rooms in a Shared-Office-Style Layout
4th Floor: 4 Rooms
3rd Floor: 2 Rooms
2nd Floor: 2 Rooms
1st Floor: 3 Rooms
The existing configuration offers a variety of layouts for prospective occupiers and developers.
FLEXIBLE INTERIOR CONFIGURATION
A significant advantage of the building is the reported flexibility of its interior partition walls.
According to the selling representatives, existing interior walls can generally be removed or additional partitions installed, allowing prospective purchasers to explore reconfiguration according to their operational requirements.
Potential uses may include:
Capsule Hotel Accommodation
Guest Rooms and Hospitality Facilities
Shared or Serviced Offices
Individual Rental Office Suites
Corporate Headquarters
Professional Services
Mixed Commercial and Hospitality Facilities
The possibility of altering room sizes and configurations gives investors options when planning the future use of the property.
All modifications remain subject to structural, architectural, and regulatory requirements.
BUILDING FEATURES & FACILITIES
Seven-Story Steel-Frame Commercial Building
Existing Office and Retail Configuration
Multifunction Hall on the Seventh Floor
Elevator Installed
Public Water Supply
Public Sewerage and Wastewater Connections
Electricity Supplied by Kyushu Electric Power
Flat-Roof Construction
Flexible Interior Partitioning
No On-Site Car Parking
No Dedicated Motorcycle Parking
Currently Vacant
EXISTING RESTROOM FACILITIES
Floors 2–6: Separate Men's and Women's Toilet Facilities on Each Floor
Ground Floor: One Toilet Facility
These existing facilities provide a starting point for evaluating future commercial or hospitality redevelopment.
Additional bathrooms, plumbing, fire-safety systems, and other upgrades may be required depending on the selected use.
ROAD ACCESS & ZONING
Corner Property with Frontage on Two Public Roads
Northwest Road: Approximately 10.0 Meters Wide
Northwest Frontage: Approximately 15.0 Meters
East Road: Approximately 14.0 Meters Wide
East Frontage: Approximately 15.0 Meters
Zoning Classification: Commercial District
Urban Planning Area: Urbanization Promotion Area
Building Coverage Ratio: 80%
Floor Area Ratio: 500%
Fire Protection Classification: Quasi-Fire Prevention District
Additional Designation: Parking Facility Development District
The property's corner location and exposure to two public roads may be particularly advantageous for commercial visibility and access.
COMMERCIAL & INVESTMENT POTENTIAL
The Former Haseko Tenjin Building offers several possible investment and redevelopment strategies.
Hospitality Development
The preliminary concept for approximately 130 capsule accommodation units across floors two through six makes the building an interesting candidate for hospitality redevelopment.
The multifunction hall on the seventh floor could also offer opportunities for guest amenities or additional accommodation, subject to design and approvals.
Office Leasing
The building's existing arrangement of individual rooms and office spaces may be suitable for adaptation into multi-tenant office accommodation.
Serviced Offices & Business Center
The smaller-room configuration on the fifth floor could be particularly relevant to operators considering shared offices, serviced offices, or flexible workspace facilities.
Corporate Headquarters
The entire building could also appeal to a company seeking centrally located premises for its own operations.
Mixed Commercial Use
The combination of commercial zoning, multiple floors, and flexible layouts may allow investors to explore a combination of retail, office, and other permitted commercial functions.
No current rental income, projected rental yield, or net operating income is specified in the original property documentation.
PROPERTY HIGHLIGHTS
Entire Seven-Story Commercial Building for Sale
Central Fukuoka Location Near the Tenjin Business District
Approximately 8 Minutes from Tenjin Subway Station
Approximately 11 Minutes from Nishitetsu Fukuoka (Tenjin) Station
Freehold Land Ownership
Currently Vacant
Steel-Frame Construction Completed in November 2004
Approximately 872.52 m² of Total Building Floor Area
Potential Conversion to Approximately 130 Capsule Accommodation Units
Additional Redevelopment Possibilities Involving the Seventh-Floor Multifunction Hall
Preliminary Hotel Conversion Estimate Slightly Exceeding ¥300 Million
Flexible Interior Partitioning and Room Configurations
Elevator Installed
Existing Restrooms on Multiple Floors
Corner Property with Frontage on Two Public Roads
Commercial Zoning with a 500% Floor Area Ratio
Potential for Hospitality, Serviced Office, Corporate, and Mixed Commercial Use
AN OPPORTUNITY FOR HOSPITALITY INVESTORS AND DEVELOPERS
The Former Haseko Tenjin Building presents an intriguing opportunity for investors interested in Fukuoka's accommodation and commercial property markets.
Rather than developing an entirely new building, a purchaser could explore adapting the existing seven-story structure into a hospitality operation with substantial guest capacity.
The proposed configuration of approximately 130 capsule accommodation units across five floors, together with potential additional facilities on the seventh floor, provides a starting point for evaluating a high-density accommodation concept.
Its location near Tenjin, established commercial zoning, vacant status, and flexible internal arrangement further enhance its appeal as a potential redevelopment project.
For buyers with different objectives, the property also offers opportunities to explore office leasing, corporate occupancy, business centers, and other permitted commercial uses.
An entire seven-story commercial property in central Fukuoka, with multiple possible redevelopment strategies and a preliminary large-scale capsule hotel concept, represents an opportunity worthy of consideration by experienced investors and developers.
SALES INFORMATION
Asking Price: ¥1,300,000,000
Current Status: Vacant
Handover: Negotiable
Transaction Type: Brokerage
IMPORTANT NOTES
The original Japanese property documentation describes the advertised asking price as an indicative figure, subject to negotiation and confirmation.
Detailed property information may require submission of a confidentiality agreement by prospective purchasers.
Brokerage fees are payable upon a successful transaction in accordance with applicable Japanese real estate regulations.
The proposed capsule hotel conversion, including approximately 130 accommodation units and a preliminary renovation estimate exceeding ¥300 million, is conceptual and has not been confirmed through final architectural plans or regulatory approvals.
Actual accommodation capacity, design feasibility, renovation costs, and licensing requirements must be established by qualified professionals.
Prospective buyers should conduct appropriate structural, architectural, fire-safety, financial, and legal due diligence.
The original property documentation includes building photographs, neighborhood maps, cadastral information, and architectural floor plans.
DISCLAIMER
This English listing is based on the original Japanese property documentation and additional information supplied by the selling representatives.
All property details, prices, measurements, building conditions, development possibilities, availability, and regulatory requirements should be independently verified before purchase.
