Commercial Investment Opportunity in Ginowan City, Okinawa
This commercial property, a two-story building located on Isunoki Street in the Shinjo 1-chome district of Ginowan City, presents a significant investment opportunity. The property sits on a corner lot within a commercial zone, offering high visibility and accessibility. The land area is 168.26 square meters (approximately 50.89 tsubo), with a total building floor area of 129.15 square meters (39.06 tsubo). Constructed in March 1973, the building features a reinforced concrete block (RCB) structure. A key feature is the availability of parking for 3 to 4 vehicles, a valuable asset in an urban commercial area. The property is conveniently located, with the "Futemma Iriguchi" bus stop approximately a 5-minute walk away.
The agent's special notes provide crucial context: The agency, T-Max Co., Ltd., operates from an office in Naha's Shintoshin area and handles sales properties across all of Okinawa's main island and its remote islands. They deal in land, condominiums, detached houses, and income properties—essentially, they handle everything! As real estate professionals, they tailor proposals to meet client needs. From a professional standpoint, they commit to being straightforward—"what is good is good, what is not good is not good"—and aim to face the same direction as the client to select real estate together. Communication via their official LINE account is also possible (LINE ID: @368pihfp); clients are invited to add them as a friend and send a message.
This property is positioned as an income-generating asset with an estimated monthly rental income of 250,000 yen, suggesting a potential gross yield of approximately 8.5% based on the listed price of 35,000,000 yen. The price is noted as negotiable. The property is situated in Ginowan City, part of Okinawa Prefecture. The area is centrally located on the main island, offering a blend of urban convenience and access to Okinawa's renowned coastal scenery. An interesting local fact is that Ginowan is home to the Okinawa Convention Center, a major venue for international events and exhibitions. The closest major tourist attraction is the iconic Okinawa Churaumi Aquarium in Motobu Town, renowned for its massive Kuroshio Sea tank and whale shark exhibits, which is approximately a 60-90 minute drive north along the scenic coastline.