Commercial Building with Shops and Minpaku in Okinawa City Central

This commercial building in Okinawa City Central presents a unique investment opportunity, currently generating rental income from both ground-floor shops and upper-floor minpaku (private lodging) units. The property is a three-story reinforced concrete (RCB) structure built in 1971, offering a total floor area of approximately 227.52 square meters (68.8 tsubo) on a land plot of about 127.59 square meters (38.6 tsubo). The layout is a substantial 7LDK, providing ample space for its current commercial and lodging uses.

Critical agent notes provide essential financial details. The sale price is 55,000,000 JPY. The property is on leased land, with an annual ground rent of 180,000 JPY (15,000 JPY monthly). The first floor houses two shops, both currently occupied, generating monthly rents of 176,000 JPY and 123,000 JPY respectively. The second and third floors are configured as minpaku and are also fully occupied, generating a combined monthly rent of 275,000 JPY. The current status of the property is vacant house (akiya). The agent, House Terra, emphasizes their proactive approach to finding properties that match client budgets and needs, offering consultations on mortgages and associated costs. They have implemented COVID-19 countermeasures including ventilation, staff handwashing, alcohol disinfection, mask recommendations, and provision of disinfectant supplies. Additional office amenities include parking, a kids' space with books and toys, female staff availability, and useful real estate magazines. The company also actively seeks property listings for sale, offering free appraisals for land, houses, apartments, income properties, farmland, and military land.