Prime Commercial Land in Okinawa City with Development Potential
This 210.43 m² plot of land, priced at 32,660,000 JPY, presents a significant commercial opportunity in the vibrant Okinawa City. The property is a vacant corner lot, offering flexibility for various development projects. It is situated within a prime location, close to major event venues like the Okinawa Arena and the bustling nightlife and dining scene of Nakamachi-dori (Naka Street), known for its bar-hopping culture. The area also provides opportunities for cultural exchange near Gate Street.
Critical agent notes provide essential details for potential buyers. The sale involves two separate land parcels: Lot 170-3 in Okinawa City, Kamiuchi 2-chome (207.63 m²) and the adjacent Lot 170-4 (2.8 m²). The effective buildable area is 207.63 m². Due to its corner lot status, the legal building coverage ratio receives a 10% bonus, increasing from 60% to 70%, while the floor area ratio is 200%. The land is classified as residential zone type 1. Important legal considerations apply: the property falls under a "Special Attention Area" according to the Important Land Survey Act, requiring notification to the Cabinet Office before the sales contract is finalized. Furthermore, as it is within the Nakamachi Cultural and Educational District, certain businesses like inns (ryokan) require permission from the Okinawa City Building Guidance Division.
The agent, UMUIE, encourages interested parties to inquire freely and offers contact via email, phone, or LINE through their inquiry form. They highlight their approachable service style, which can be seen on their Instagram @shiba_rooooom. The process from inquiry to handover is outlined: initial contact, condition confirmation, viewing, application, financing consultation, important explanation and sales contract, formal loan application, loan approval, and finally, handover, which can be immediate.
The surrounding area of Okinawa City is a dynamic hub in central Okinawa. An interesting fact is that the city is home to the large U.S. Kadena Air Base, which has influenced the local culture and economy, creating a unique blend of American and Okinawan influences. The closest major landmark is the Okinawa Arena, a modern multi-purpose sports and event complex that hosts concerts, sports games, and large-scale exhibitions, drawing visitors from across the prefecture.
