Commercial and Residential Investment Property in Naha's Maeshima District

This property presents a compelling mixed-use investment opportunity in Naha City, Okinawa. The building is a 3-story reinforced concrete block (RCB) structure built in July 1970, situated on a 91.84 m² plot of land in the commercial zone of Maeshima 2-chome. The total building area is 122.9 m². The layout is designed for income generation, with a shop space on the first floor and residential units on the second and third floors, configured to accommodate a total of four households. When fully occupied, the property offers a surface yield of 6.23%. The land rights are ownership, with no private road burden.

According to the agent's special notes, the neighborhood offers excellent convenience. There are numerous nearby restaurants and coin-operated parking lots, and a convenience store is located diagonally across the street, making shopping very convenient.

The location provides excellent access to public transportation. The Okinawa Urban Monorail (Yui Rail) Meibashi Station is approximately a 7-minute walk away, offering easy connections to central Naha. Tomari Port is about a 3-minute walk, and the Tomaritakahashi bus stop is just a 2-minute walk. The area is within the urbanization promotion area and has a building-to-land ratio of 80% and a floor area ratio of 400%.

The Maeshima area is a vibrant part of Naha, known for its mix of residential and commercial activity. It is situated close to the waterfront near Tomari Port, which has historically been a significant port for the Ryukyu Islands. A major nearby landmark is the iconic Shuri Castle, a UNESCO World Heritage Site and former palace of the Ryukyu Kingdom, located a short monorail ride away, offering a deep dive into Okinawa's unique history and culture.