Investment Opportunity in Naha's Historic Kumemachi District
This commercial property, located at 1-chome Kume, Naha City, Okinawa Prefecture, presents a significant investment opportunity. The building, constructed in November 1965, is a reinforced concrete block (RCB) structure with a total floor area of 76.03 square meters (approximately 22.99 tsubo) situated on a land plot of 118.48 square meters (approximately 35.84 tsubo). The property is situated within a commercial zone in an urbanization promotion area, with a building-to-land ratio of 80% and a floor area ratio of 400%.
As detailed in the agent's remarks, this is an owner-change property. It currently generates an annual rental income of 3,840,000 yen, offering a calculated yield of 5.9%. This financial detail is a key feature for investors seeking income-producing assets in central Naha. The property is ready for immediate handover.
The location in the historic Kumemachi area of Naha is highly advantageous. It is approximately a 9-minute walk from the Asahibashi Station on the Okinawa Urban Monorail (Yui Rail), providing excellent access to the wider city. The area is a fascinating blend of old and new, known for its historical significance as one of Okinawa's oldest residential districts for Chinese immigrants, contributing to the unique Ryukyuan culture. A major nearby landmark is the bustling Kokusai Dori (International Street), a premier tourist destination filled with shops, restaurants, and vibrant nightlife, just a short distance away. This property offers a solid investment in a dynamic and historically rich part of Okinawa's capital.
