Prime Investment Apartment Building in Naha's Tomari District
This apartment building for sale in Naha's Tomari 1-chome offers a prime investment opportunity in a highly desirable location. The property boasts a land size of 138.93 m² (42.02 tsubo) and a substantial building area of 180.47 m² (54.59 tsubo). Constructed in August 1972, the building features a durable reinforced concrete block (RCB) structure. It is situated within the city planning area and a Category 1 Residential zone, with a building-to-land ratio of 60% and a floor area ratio of 200%.
Agent notes highlight the property's excellent location within the Tomari area. When fully occupied, the projected annual income is 3,352,680 yen, offering a surface yield of 5.9%. Its location places it within the living sphere of Kokusai-dori (International Street) and Miebashi areas, making it highly versatile for residential, retail shop, or office use. The property is conveniently accessible, with Makishi Station on the Okinawa Urban Monorail (Yui Rail) approximately a 10-minute walk away.
The Tomari district is a historic and vibrant part of Naha, known for its bustling port area. An interesting local fact is that the nearby Tomari Port has long been a crucial hub for inter-island ferry traffic, connecting the main island of Okinawa to the Kerama Islands and other smaller islands, making it a gateway to some of Japan's most beautiful subtropical beaches and diving spots. The area is also within easy reach of major tourist attractions like the iconic Shuri Castle, a reconstructed Ryukyuan palace and UNESCO World Heritage Site that offers a profound glimpse into Okinawa's unique royal history.