Set within Mino City’s historic Udatsu townscape, this character-rich ryokan offers a rare opportunity to own an operating hospitality property in one of Gifu’s most distinctive heritage settings. The building itself is believed to date from around the early Meiji period, with traditional wooden construction, earthen walls and a tiled roof giving it a sense of history that would be difficult to recreate today.

Inside are five individually styled antique guest rooms, each with its own character, alongside a shop space and a bathroom featuring a rock bath. Hot spring water is transported from Ikeda Sakura no Yu, adding an onsen-style element to the guest experience. The property is currently operating and is offered as an owner-change investment, with Tokyu noting an expected gross yield of 5.55%—although, as always, future rental income is not guaranteed.

Notable sale points

• Located within Mino City’s historic Udatsu townscape
• Traditional ryokan believed to date from the early Meiji period
• Five individually styled antique guest rooms
• Rock bath using transported hot spring water from Ikeda Sakura no Yu
• Includes a shop space for added commercial flexibility
• Large approx. 514 sqm building on more than 1,000 sqm of freehold land
• Currently operating and sold as an owner-change property
• Tokyu notes an expected gross yield of 5.55%, before expenses and without guaranteed future income
• Around 10 minutes’ walk to Umeyama Station
• Parking for up to four cars

Note that map location is not exact; please contact the agent for the exact pin.