La Chambre Apartment Building in Naha, Okinawa

This commercial apartment building, named La Chambre, presents a significant investment opportunity in the heart of Naha, Okinawa. The property is a four-story reinforced concrete (RC) structure built in March 1988, containing a total of 15 units. It is currently tenanted, offering immediate rental income. The total building area is 408.42 square meters (approximately 123.54 tsubo), situated on a land plot of 177.06 square meters (approximately 53.56 tsubo). The land is designated as residential land within a commercial zone, with a building-to-land ratio of 80% and a floor area ratio of 400%.

Critical access and road information, as detailed in the agent's special notes, has been fully translated: The property has road frontage on two sides (excluding corner lots). To the southeast, it faces a 5-meter wide public road with a frontage of 12 meters, and no positional designation. To the southwest, it faces a 12-meter wide public road with a frontage of 8 meters, also with no positional designation. This dual road access is a valuable feature for visibility and utility.

The location is highly convenient, with multiple monorail stations within walking distance. It is a 6-minute walk to Miebashi Station, 11 minutes to Makishi Station, and 15 minutes to Kenchomae (Prefectural Office) Station on the Okinawa Urban Monorail (Yui Rail). The property is offered for sale at a price of 171,000,000 JPY through an exclusive intermediary transaction.

The surrounding Naha area is the vibrant capital of Okinawa Prefecture, rich in history and culture. An interesting fact is that Naha was almost completely destroyed during the Battle of Okinawa in 1945 and has been meticulously rebuilt into the modern hub it is today. The closest major landmark is the iconic Shuri Castle, a UNESCO World Heritage site and former palace of the Ryukyu Kingdom, located a short drive or monorail ride from the property.