1029 Maunakea St

Investment Highlights

Rare Fee Simple Restaurant/Retail Opportunity on the busiest street of Chinatown Restaurant Opportunity - Includes walk in fridge, walk in freezer and hoods Restaurant Opportunity - Includes walk in fridge, walk in freezer and hoods First time in history this property has been on the market as FEE SIMPLE Owner-User Opportunity?- Second floor can be used for residential or office space

Executive Summary

NOW OFFERED AS FEE SIMPLE. This is the first time this property has ever been on the market as fee simple!Rare opportunity to own a building in Chinatown on the most iconic street in the area, Maunakea St. Historically, very few have occured on this street and within this particular block. 1029 Maunakea Street is a two-story building consisting of 1,520 sq ft of ground floor dining and kitchen space and 1,080 sq ft of second floor space previously used as a flex space for storage, residential and office use. Perfect opportunity for either a new restaurant concept, or, conversion to retail space for a number of retail sales uses. This is an opportunity you do not want to miss!

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Storefront Retail/Residential Storefront Retail/Residential General Retail Restaurant General Retail Storefront General Retail Storefront Retail/Office Storefront Retail/Residential
• Building Size    2,600
• Building Class    C
• Year Built    1921
• Price    1,100,000
• Price Per SF    423
• Percent Leased    Vacant
• Tenancy    Multiple
• Building Height    2 Stories
• Slab To Slab    9?
• Building FAR    1.19
• Land Acres    0.05 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• Bus Line
• Signage