Wakasa Building: A Spacious Commercial and Residential Property in Naha, Okinawa
This unique property, the Wakasa Building, presents a versatile opportunity in the vibrant Wakasa district of Naha City, Okinawa. The building is constructed with reinforced concrete (RCB construction), ensuring durability and a solid structural foundation. The layout is designed for both commercial and residential use, featuring a ground-floor retail space measuring approximately 27.5 tsubo (about 90.9 square meters), with residential units occupying the second and third floors.
The residential portion offers a comfortable 2LDK layout, providing two bedrooms, a living room, dining room, and kitchen. The total building area is a substantial 353.35 square meters (approximately 106.9 tsubo), set on a land plot of 170.34 square meters (about 51.5 tsubo). Built in 1973, this three-story property includes two parking spaces and is ready for immediate occupancy, currently standing vacant. The property rights are freehold (ownership), and the transaction is handled as a standard sale. The building is situated in a commercial urban planning area within a city promotion zone, with a high building coverage ratio of 80% and a floor area ratio of 400%.