Prime Commercial Land in Naha City, Tsuji 1-chome
This 127.17 m² plot of land, located in the bustling Tsuji 1-chome district of Naha City, Okinawa, presents a significant commercial opportunity. Zoned as a commercial district, the property offers high development potential with a building coverage ratio of 80% and a floor area ratio of 400%. This allows for a variety of uses, including apartment buildings, hotels, and retail shops. The land is currently partially leased for a coin-operated parking lot, generating a monthly income of 120,000 yen.
The property features a flat, vacant lot with frontage on a road over 6 meters wide. Essential utilities, including city water and sewer systems, are connected. A notable feature is its proximity to the sea, which is within a 10-minute walk, offering potential for businesses that benefit from a coastal location. The location is highly accessible, with Asahibashi Monorail Station approximately a 12-minute walk away and the Uenokura bus stop just a 3-minute walk.
The area surrounding Tsuji is a vibrant part of Naha, known for its mix of residential and commercial activity. An interesting historical fact about Naha is that it was the capital of the Ryukyu Kingdom for centuries, a trading hub that connected Japan with China and Southeast Asia. The closest major landmark is the iconic Shuri Castle, a UNESCO World Heritage site and the former palace of the Ryukyu Kingdom, located just a short drive or monorail ride from the property.
