Commercial Investment Property with 4.6% Yield in Naha's Tomari District
Presenting a prime commercial investment opportunity in Naha City, Okinawa: a tenant building located at Tomari 2-chome. This property, situated along Prefectural Route 28, offers a land area of 219.27 square meters (approximately 66.32 tsubo) and a building area of 121.29 square meters (approximately 36.69 tsubo). A key feature for investors is that the building has undergone large-scale renovations, enhancing its value and appeal. The property is positioned within a commercial zone, offering high potential for business activity, and is advertised with a yield of 4.6%.
The building is a reinforced concrete (RC) structure. The listing notes there is no private road burden. The property faces multiple directions (north, northeast, east, southeast, south, southwest, west, northwest) with road frontage, and it is within an urban planning area designated for urbanization. The floor area ratio is 80% with a maximum building coverage of 400%. Access is convenient, with the Monorail's Miebashi Station approximately a 9-minute walk away and various bus stops, including those for Okinawa Bus, about a 2-minute walk.
The Tomari area in Naha is a vibrant waterfront district with a rich history as a port. An interesting local fact is that Tomari Port was historically one of the key points for trade and cultural exchange in the Ryukyu Kingdom. The area is also conveniently located for visitors, being a short drive from major tourist attractions like the bustling Kokusai Dori (International Street) and the historical Shuri Castle, a UNESCO World Heritage site.