Oceanfront Hotel, Shop, and Residence on Ishigaki Island

This property is an oceanfront revenue-generating asset that integrates a hotel, shop, and residential living quarters into one cohesive operation. It boasts a spacious site and an open building layout, allowing for diverse operational styles. With the backdrop of Ishigaki Island's tourism demand, stable operation and profitability are anticipated. The hotel maintains an annual occupancy rate of 60% with yearly sales of 120 million yen. The business licenses for the inn and restaurant operations, as well as the hotel reservation system, are all transferable to the new owner.

The property features a garden and is equipped with an infinity pool (heated). It is situated on a corner lot with road frontage to the south and is located on high ground, offering excellent views. The location is along the coast, enjoys good sunlight, and is in a quiet area.

Ishigaki Airport is approximately 17.2 km away (a 21-minute drive), and the city center is about 21.3 km (a 30-minute drive). This property is eligible for a buyer's commission discount. The current owner is in residence. The agent offers online explanations of important property matters.

Ishigaki Island is part of the stunning Yaeyama Islands, renowned for some of Japan's best coral reefs and marine life. A fascinating fact about the area is that it is home to the rare and endemic Iriomote wildcat. The closest major landmark is the famous Kabira Bay, known for its crystal-clear emerald waters, white sand, and black pearl cultivation, located just a short drive from the property in the Kabira district of Ishigaki City.