Income-Generating Property with Shop and Minpaku in Chatan, Okinawa

This unique commercial and residential property in Chatan, Okinawa, presents a turnkey investment opportunity with established income streams. Currently, the first floor is leased as a shop, while the second through fourth floors are actively operating as minpaku (private lodging). The layout comprises one shop unit on the first floor, one 2LDK unit on the second floor, one 3LDK unit on the third floor, and another 3LDK unit on the fourth floor. The property generates an impressive annual income of 5,216,557 yen, yielding a 4.01% return. This is a rare find in Chatan's quasi-industrial zone, an area seldom available on the market. It is located within a tsunami warning zone, offering direct access to National Route 58 and is just a few minutes' walk from the popular Araha Beach.

The building itself is a robust four-story reinforced concrete block (RCB) structure built in July 1994, with a total floor area of 222.02 sqm situated on a 134.71 sqm plot of land. Its location in the quasi-industrial district provides flexibility for commercial use. The property is conveniently located approximately a 3-minute walk from the "Chatan Ichome" bus stop, ensuring good local connectivity.