Prime Commercial-Residential Land for Sale in Itoman City, Okinawa
This 243.76 square meter plot of land, ideally suited for a shop-with-residence development, is available for purchase in Itoman City, Okinawa. The property is strategically located directly opposite the San-A Food Kan Itoman store along a prefectural road, ensuring high visibility and accessibility. It is currently leased as a parking lot, generating a monthly rental income of 28,000 yen for a total of eight spaces. The land is designated as a Category II Medium-to-High-Rise Exclusive Residential Zone, with a building-to-land ratio of 60% and a floor area ratio of 200%. The site is flat, benefits from frontage on a road over 6 meters wide, and has access to both public water and sewer systems.
According to the agent's special notes, the fixed asset tax for the 2025 fiscal year (Reiwa 7) is 60,057 yen. Furthermore, all ownership transfer costs are to be borne by the buyer.
The location offers excellent convenience, with the Inamiharabaru Iriguchi bus stop just a 2-minute walk away. Itoman City is a vibrant area on Okinawa's main island, known for its deep connections to the sea and traditional fishing culture. An interesting local fact is that Itoman is home to the unique "Haryu-sen" bullfighting tradition, a cultural spectacle distinct from Spanish bullfighting, where two bulls push against each other in a test of strength. The area is also a short drive from major tourist attractions like the stunning Itoman Beach and the peaceful and historic Seifa Utaki, a UNESCO World Heritage site recognized as part of the "Gusuku Sites and Related Properties of the Kingdom of Ryukyu."
