Shop-Residence in Itoman City with Established Rental Income

This unique property in Itoman City, Okinawa Prefecture, offers a compelling investment opportunity as a shop-residence with two ground-floor retail units already generating stable rental income. The total land area is 429 square meters, with a building area of 231.2 square meters. The structure is a reinforced concrete (RC) building constructed in September 2011, featuring a 3LDK layout on the second floor, making it suitable for owner-occupation or continued rental management.

Critical agent notes have been provided and are translated as follows: Special Notes/Remarks: Current land use classification: Residential land. The land area is a provisional converted area. There are two shops on the first floor currently under lease. Surrounding Environment: Lawson Itoman Maesato Danchi-mae store is a 1-minute walk away. Town Plaza Kanehide Maesato store is a 3-minute walk away. San-A Shiozaki City is a 10-minute walk away. Itoman City Hall is a 13-minute walk away.

The property is strategically located near National Route 331, placing daily conveniences like supermarkets and convenience stores within a 5-minute walking radius. This ensures ease of living for residents and high visibility and accessibility for the commercial tenants. The area is part of the urbanization promotion area with a second category mid/high-rise exclusive residential district zoning, allowing for a building coverage ratio of 60% and a floor area ratio of 200%.

The Itoman area is rich in cultural history, known for its deep connections to Okinawan traditions and the sea. A notable nearby landmark is the Itoman Peace Memorial Museum and Park, which commemorates the tragic Battle of Okinawa and serves as a poignant site for reflection on peace. The property presents a solid investment with immediate rental yield from the two shops, combined with comfortable residential space, all in a well-serviced and historically significant part of Okinawa.