Tenant Building in Okinawa City's Uechi Area
This commercial property is a tenant building located in Uechi 1-chome, Okinawa City, Okinawa Prefecture. The building sits on a land area of 120.83 square meters (approximately 36.55 tsubo) and offers a substantial total floor area of 311.05 square meters (approximately 94.09 tsubo). Constructed in March 1993, this 33-year-old building features a reinforced concrete (RC) structure, ensuring durability. The property is situated in a commercial zone with a high building coverage ratio of 80% and a floor area ratio of 400%.
Critical financial details from the agent's notes are provided: The estimated fixed asset tax for the 2025 fiscal year (Reiwa 7) is 259,130 yen. The property offers an attractive investment opportunity with a projected annual rental income of 4,437,528 yen, which translates to an estimated surface yield of 5.62%. The listing price is set at 78.9 million yen. Prospective buyers should note that additional costs, including ownership transfer fees, stamp duty, and brokerage commission, will apply.