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Open House Real Estate Sells Retail and Office Building in Akasaka

Open House Real Estate Sells Retail and Office Building in Akasaka

Open House Real Estate Sells Retail and Office Building in Akasaka

Open House Real Estate sold Kawaki Building, a retail and office building in Akasaka 3-chome, Minato-ku, Tokyo, in May 2026. The buyer was an individual.

The property stands on a corner lot along Hitotsugi-dori, a two-minute walk from Akasaka-mitsuke Station on the Tokyo Metro Ginza and Marunouchi lines. Completed in 1979, the building has five floors above ground and one below, with a gross floor area of approximately 125 tsubo (approx. 4,400 sq. ft.). Tenants include restaurants and Kawaki Shokuhin. The building had been owned by Kawaki Shokuhin and an individual since it was newly built.

As the income-producing real estate division of the Open House Group, the company purchases pre-owned residential properties and buildings, adds value and returns them to the market. The group's income-producing real estate business delivered 589 properties in the fiscal year ended September 2025, with an average price of approximately JPY 363 million per property. In Minato Ward, the company sold Totsu Residence Shiodome, a rental apartment building in Shimbashi 6-chome, about one month after acquiring it in March 2026, and also acquired TRUST VALUE Roppongi 1-chome, an office building in Roppongi 2-chome.

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Key Facts

  • Property Name: Kawaki Building
  • Seller: Open House Real Estate Co., Ltd.
  • Buyer: Individual
  • Sale Date: May 28, 2026
  • Location: 3-20-6 Akasaka, Minato-ku, Tokyo
  • Nearest Station(s): Two-minute walk from Akasaka-mitsuke Station on the Tokyo Metro Ginza and Marunouchi lines / Five-minute walk from Akasaka Station on the Tokyo Metro Chiyoda Line
  • Completion: May 1979
  • Number of Floors: 5F / B1 (reinforced concrete construction)
  • Use: Retail / Residence
  • Area: Gross Floor Area of approximately 125 tsubo (approx. 4,400 sq. ft.)

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