Prime Commercial Land for Sale in Okinawa City
This prime commercial land parcel, located in Okinawa City's Teruya 1-chome, presents an excellent investment opportunity in a bustling urban area. The property spans a generous 305.03 square meters (approximately 92.27 tsubo) and is situated in a designated commercial zone, offering significant potential for various business ventures.
As detailed in the agent's special notes, the land is located in a commercial district behind the famous Koza Crossroad Gintengai shopping arcade. This central location ensures high visibility and foot traffic. The area is exceptionally convenient for daily needs and commerce, with the Town Plaza Kanehide Koza Crossroad store and a bus stop located nearby, making shopping and transportation highly accessible.
The property's key specifications include a land use classification of residential land (宅地) within a commercial use zone, allowing for a high floor area ratio of 400% and a building coverage ratio of 80%. The land fronts a 4.1-meter wide road to the northwest with no private road burden. The sale price has been recently adjusted to 22.6 million yen, reflecting a competitive opportunity in this sought-after location.
The surrounding area of Okinawa City, historically known as Koza, is a vibrant hub with a rich cultural blend of American and Okinawan influences, stemming from its proximity to Kadena Air Base. An interesting local fact is that the Koza Music Town was once a famed district for live music and jazz, contributing to the city's dynamic atmosphere. For recreation and tourism, residents and visitors can easily access the Okinawa Zoo & Museum, a family-friendly attraction showcasing subtropical wildlife and local history.
