Prime Corner Lot Commercial Building in Naha's Wakasa District

This prominent commercial building, located on a spacious 601.81 square meter corner lot in Naha's Wakasa 3-chome, presents a significant investment opportunity. The property features a substantial building area of 1,166.53 square meters across a reinforced concrete (RC) structure built in November 1991. Its prime corner location offers excellent visibility and accessibility, complemented by ample parking space. The site is designated within the Urbanization Promotion Area under the First Category Residential zoning, with a building-to-land ratio of 60% and a floor area ratio of 200%.

Agent notes highlight the property's suitability for renovation and conversion, making it ideal for ventures such as minpaku (private lodging) or various other business operations. The listing emphasizes the property's favorable positioning and the generous parking area as key features. The transaction is handled as a general intermediary, and the price is listed at 500 million yen.

The Wakasa area in Naha is a vibrant waterfront district known for its mix of residential and commercial activity. It is situated near Naha Port, a central hub for maritime transport in Okinawa. A major nearby landmark is the iconic Shuri Castle, a UNESCO World Heritage site and former palace of the Ryukyu Kingdom, located just a few kilometers away, offering a deep connection to Okinawa's rich cultural history.