About This Restaurant
Investment Highlights
Irreplaceable Urban Core Location Redevelopment potential including 53 unit Bill 7 project and 201-H 100% Occupied High demand area for restaurant, retail and residential uses BMX-3 Zoning On site parking in a parking constrained area
Executive Summary
Investment property for sale. Fee Simple. Irreplaceable urban core location. High demand area for restaurant, retail and residential uses. Redevelopment potential including 53 unit Bill 7 project and 201-H. 100% occupancy with on site parking in a parking constrained area.
Property Details
- Sale Type Investment
- Sale Conditions 1031 Exchange 1031 Exchange Redevelopment Project 1031 Exchange
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Storefront General Retail Storefront Retail/Residential Office Office Residential Restaurant
- Building Size 6,316
- Building Class C
- Year Built 1963
- Price 6,800,000
- Price Per SF 1,077
- Cap Rate 3.36
- NOI 228,531
- Percent Leased 100
- Tenancy Multiple
- Building Height 2 Stories
- Slab To Slab 9?
- Building FAR 0.60
- Land Acres 0.24 AC
Amenities
- Bus Line
- Signage
Nearby Amenities & Transportation
| Retail | Hawaii National Bank | ||
| Retail | L & L Hawaiian Barbecue | ||
| Retail | Starbucks | ||
| Retail | Gyu-Kaku Japanese BBQ | ||
| Retail | Body & Brain | ||
| Retail | Jack In The Box | ||
| Retail | Zippy's | ||
| Retail | Territorial Savings Bank | ||
| Retail | Safeway | ||
| Retail | American Savings Bank |
Property Taxes
| Parcel Number | 1-2-3-013-027-0000 | Improvements Assessment | $3,002,000 |
| Land Assessment | $498,200 | Total Assessment | $3,500,200 |
| Date Created: | 2024-07-16 04:13:37 | Last Updated: | 2024-07-16 04:13:37 |
| Address: | 1283 S King St , Honolulu, Hawaii, 96814 | ||