Mixed-Use Investment Property in Okinawa City
This is a substantial mixed-use investment property located in Okinawa City's Misato 5-chome. The property consists of a building with a total floor area of 506.29m² (153.15 tsubo) situated on a generous land plot of 669.46m² (202.51 tsubo). Constructed in August 1980, the building features a robust reinforced concrete block (RCB) structure. The property is positioned along the Misato-dori intersection, offering high visibility and accessibility. Its location is noted as being near the future planned site of the Ike-Budo IC (interchange), making it a recommended location for logistics businesses or commercial development.
According to the agent's special notes, a portion of the parking area is currently leased on a rental basis for 7,500 yen per month, with the note that the price may increase upon renewal of the contract. The property generates a significant annual income of 8,292,000 yen from its mixed residential and commercial tenants. The listing price is set at 150,000,000 yen.
The area of Misato in Okinawa City is a well-established residential and commercial district. An interesting historical fact about the broader Okinawa City area is that it developed significantly around the former Kadena Air Base, creating a unique blend of American and Okinawan cultures. The closest major tourist attraction is the Okinawa Zoo & Museum (Okinawa Kodomo no Kuni), a family-friendly destination featuring a zoo, museum, and amusement park facilities, located just a short drive away.
