Commercial Investment Opportunity in Nago's Popular Northern District
This commercial property presents a significant investment opportunity in the sought-after northern region of Okinawa. The building is currently leased and operating as a popular shabu-shabu restaurant, generating a stable monthly rental income of ¥495,000. This translates to a high gross yield of 9.9%, making it an attractive asset for investors seeking returns. The property includes a spacious parking lot with capacity for over 10 vehicles, a valuable amenity for both the current business and future tenants.
The property consists of a single-story concrete block structure with a building area of 99.23 m², situated on a large 858.12 m² plot of land. It was constructed in 1974. The agent's special notes provide critical information: "For inquiries, please contact Riken Okinawa Chubu Branch: 098-989-1126. A profitable property is now available in the popular northern district! It is currently operating as a restaurant! Gross yield 9.9%!" This confirms the property's status as a turnkey income-generating asset.
The property is located in Untenbaru, Nago City, Okinawa Prefecture. Nago is a major city in the northern part of Okinawa's main island, known for its lush natural scenery and coastal beauty. The area offers a mix of residential and commercial activity, benefiting from both local traffic and tourism. A major nearby landmark is the Okinawa Churaumi Aquarium, one of Japan's largest and most famous aquariums, located approximately a 30-minute drive away in Motobu Town. This world-class attraction draws millions of visitors annually, contributing to the regional economy.
