Large Tenant Building on Yafuso Street in Urasoe City
This is a substantial tenant building situated along Yafuso Street in Urasoe City, Okinawa. The property offers a significant investment opportunity with an annual income of 24,738,000 yen and a yield of 8.5%. The building itself is a reinforced concrete (RC) structure built in January 1991, making it 35 years old. It spans a total floor area of 996.4 square meters (approximately 301.41 tsubo) on a land plot of 306.69 square meters (92.77 tsubo). The land is designated as residential land within an urbanization promotion area.
The property is being sold via an exclusive intermediary transaction. There is no private road burden. The building faces north and west, with road frontage on both sides. The listing notes that the property is a large tenant building along Yafuso Street, emphasizing its commercial potential and location. The price is listed at 290 million yen.
The area of Urasoe City is rich in history, once serving as the capital of the Ryukyu Kingdom before it moved to Shuri. Today, it is a vibrant residential and commercial hub. A major nearby landmark is the Okinawa Prefectural Museum & Art Museum, a modern cultural facility showcasing the unique history, nature, and art of Okinawa, located a short drive away in the Omoromachi district of Naha.
