Grand Resort Complex in Yugawara-Atami — 16 Floors, 250+ Rooms
The Property
A rare large-scale hospitality asset straddling the Yugawara-Atami borderlands. A 16-story steel-reinforced concrete building with 250+ rooms and 14,712 m² of total floor area, set on over 33,700 m² of landholding spanning residential lots, forest, and a mineral spring right (鉱泉地). Pre-investigated for ryokan business permit. City gas, public water, and sewerage all connected. Delivered as-is, no warranty. 20-minute walk from JR Yugawara Station on the Tokaido Line.
Features
The Region
Chubu
Mountains, hot springs & coastal gems
The Japanese Alps, the Izu Peninsula coastline, and the historic post towns of the Nakasendo trail. Chubu is where dramatic geography meets deeply rooted craft and culture.
The Area
Yugawara-cho, Kanagawa
Yugawara sits at the Kanagawa-Shizuoka border, an onsen town wedged between forested mountains and the sea. The JR Tokaido Line puts Shinjuku under 90 minutes away - making it one of Japan's most accessible resort corridors.
20-min walk - JR Tokaido Line direct to Tokyo (Shinjuku ~80 min), one stop before Atami
Walking distance - Poetry-themed riverside park with foot baths along the path, seasonal plum and wisteria displays
Local area - Traditional hot spring town with multiple public baths, ryokan, and riverside dining along the Fujiki River
10 min by train - Major onsen city with MOA Museum of Art, Atami Castle, resort hotels, and a lively seaside dining strip
Upper valley - Traditional inn district where writers and artists retreated; historic ryokan atmosphere along the mountain stream
Town center - Public day-spa with foot baths and indoor mineral onsen, popular with day-trippers from Tokyo
Who This Is For
Is this the right fit?
Hospitality developers seeking a landmark asset in one of Japan's most storied onsen corridors
Hotel operators or REIT investors looking for large-scale conversion or refurbishment
Wellness resort developers drawn to the mineral spring rights and Yugawara-Atami setting
Buyers with vision to reimagine a historic grand resort for the modern luxury market
Listed price
¥360,000,000