About This Restaurant
Investment Highlights
Executive Summary
COMMERCIAL BUILDING FOR SALE!100%Leased.5 Famous Restaurants and 1 co-woking Office upstairs.NOI is $529,200. 5.4% Cap Rate. Really good Investment opportunity.Heart of Downtown Honolulu | Nearby Amenities | Easy Access to Interstate H-1 and State Highway 61
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Storefront Retail/Office Storefront Retail/Office General Retail Restaurant OfficeLoft Creative Space Storefront Retail/Office
- Building Size 13,483
- Building Class C
- Year Built/Renovated 1902/1955
- Price 10,000,000
- Price Per SF 742
- Cap Rate 5.28
- NOI 528,200
- Percent Leased 100
- Tenancy Multiple
- Building Height 2 Stories
- Slab To Slab 9?
- Building FAR 1.63
- Land Acres 0.19 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.
Amenities
- Bus Line
- Signage
- Signalized Intersection
Nearby Amenities & Transportation
| Retail | Zippy's | ||
| Retail | Philpotts | ||
| Retail | Starbucks | ||
| Retail | Jazzercise | ||
| Retail | Safeway | ||
| Retail | First Hawaiian Bank | ||
| Retail | Times Supermarkets | ||
| Retail | Foodland | ||
| Retail | TD Ameritrade | ||
| Retail | WW |
Property Taxes
| Parcel Number | 1-1-7-003-056-0000 1-1-7-003-069-0000 | Improvements Assessment | $2,751,300 |
| Land Assessment | $2,704,400 | Total Assessment | $5,455,700 |
| Date Created: | 2024-07-16 04:13:37 | Last Updated: | 2024-07-16 04:13:37 |
| Address: | 2 N Hotel St , Honolulu, Hawaii, 96817 | ||