Osaka commercial real estate · Investment opportunity
TRUST VALUE Honmachi — 7-Story Income-Producing Building
Asking Price: ¥500,000,000 (Tax Included)
Located in the heart of Osaka’s vibrant Honmachi–Shinsaibashi commercial district, TRUST VALUE Honmachi is a seven-story, steel-frame investment property with a diverse mix of commercial and office uses. Just approximately five minutes on foot from Honmachi Station, the building offers convenient access to multiple Osaka Metro lines and central business and retail areas.
Price: ¥500 million | Gross Building Area: 454.83 m² | Units: 7
Reported Current Gross Yield: 3.77% | Projected Gross Yield: 4.57% (including fifth-floor leaseback)
Location & Transportation
Location: 4-3-2 Minamikyuhojimachi, Chuo Ward, Osaka City, Osaka Prefecture, Japan
Address in Japanese: 大阪府大阪市中央区南久宝寺町四丁目3番2号
Honmachi Station: Approximately 5 minutes on foot (Midosuji, Chuo and Yotsubashi Lines)
Shinsaibashi Station: Approximately 7 minutes on foot (Midosuji and Nagahori Tsurumi-ryokuchi Lines)
Property Overview
| Land area (registered) | 111.10 m² / 33.60 tsubo |
| Land area (surveyed) | 108.86 m² / 32.93 tsubo |
| Building gross floor area | 454.83 m² / 137.58 tsubo |
| Building structure | Steel-frame construction, flat roof |
| Floors / units | 7 stories / 7 units |
| Year built | March 1985 |
| Building use in registry | Office |
| Land category | Residential/commercial building land (宅地) |
| Zoning | Commercial district |
| Building coverage ratio | 80% |
| Floor-area ratio | 600% |
| Fire district | Fire prevention district |
| Road access | West: approx. 6.0 m public road; approx. 7.94 m frontage |
| Ownership | Freehold |
Investment Income
The rental schedules dated August 7, 2026 show six externally leased floors and the fifth floor occupied by the seller. The advertised full-income scenario assumes the seller leases back the fifth floor after transfer at ¥330,000 per month (tax included).
| Income scenario | Monthly income | Annual income | Gross yield |
|---|---|---|---|
| Existing rental income (excluding 5F) | ¥1,574,650 | ¥18,895,800 | 3.77% |
| Projected including 5F leaseback | ¥1,904,650 | ¥22,855,800 | 4.57% |
Gross figures are tax inclusive and not net of operating expenses, vacancy, maintenance, financing or property taxes. These are seller-provided figures as of August 7, 2026, not independently verified current occupancy or guaranteed returns.
Floor-by-Floor Rental Mix
| Floor | Use | Area | Monthly rent (incl. tax) |
|---|---|---|---|
| 1F | Restaurant | 45.62 m² | ¥317,900 |
| 2F | Retail / café | 66.10 m² | ¥253,000 |
| 3F | Hotel | 66.10 m² | ¥330,000 |
| 4F | Office | 66.10 m² | ¥154,000 |
| 5F | Office — proposed seller leaseback | 66.10 m² | ¥330,000* |
| 6F | Hair salon | 60.42 m² | ¥301,950 |
| 7F | Office | 48.26 m² | ¥217,800 |
The fifth-floor amount is a proposed post-sale leaseback. Common-area fees are reported as included in the amounts above. Existing lease expiration dates should be checked for updates.
Building Photos
Recent Improvements & Additional Details
The seller reports renovation work completed in December 2024, including improvements to common areas, roof waterproofing, and renovation of the fifth-floor premises. The building’s original construction was completed in March 1985. Building confirmation and inspection documentation are reported as available.
The property fronts a public road approximately 6.0 meters wide, with approximately 7.94 meters of frontage. A western land section of 15.88 m² is designated as a setback area; the setback is reported as completed.
Transaction & Important Notes
Ownership: Freehold
Sale basis: Registered land area / as-is condition
Handover: Negotiable
Lease deposits: Settlement by Kansai method
Special condition: Fifth-floor seller leaseback after handover, subject to agreed terms.
The September 29, 2025 survey is noted as not having been confirmed in person with the eastern neighboring landowner; its eastern boundary relies on a 2000 boundary confirmation document. Zoning and additional planning, aviation and landscape restrictions apply. The original materials direct readers to a separate acknowledgment document not provided here. Buyer due diligence is required; actual conditions take precedence over the marketing material. This listing is a translation and presentation of seller-provided information, not a statutory important matters explanation.
