Commercial Investment Property in Naha's Tsuji District
This commercial investment property, located in Tsuji 2-chome, Naha City, Okinawa Prefecture, presents a significant opportunity for investors. The property is a shop and apartment building with a total building area of 313.09 square meters (94.71 tsubo) situated on a 132.29 square meter (40.02 tsubo) plot of land. The structure is a reinforced concrete block (RCB) construction built in January 1965. The property features one shop unit and seven one-room apartment units, offering a diversified rental income stream.
According to the agent's special notes, the property's projected annual revenue is approximately 5,016,000 yen. A critical investment metric provided is the surface yield, which reaches 9.68% when the building is fully occupied. This high yield figure is a key highlight for potential investors seeking profitable returns in Naha's commercial real estate market.
The property is situated in a commercial zone within an urban planning area, with a high building coverage ratio of 80% and a floor area ratio of 400%. There is no private road burden associated with the land, and ownership rights are clear. The location offers convenient access from a northwest-facing road with a width of 9 meters.