Na Commercial

1218 N King Street, Honolulu, Oahu 96817 Get Directions

$4,600,000

 

Total SqFt
11,427
Lot Size Area
9,507 SqFt
Land Tenure
Fee Simple
MLS #
202311573
Request More Info
Save to My Favorites

Overview

Opportunity knocks! TWO 3 story hollow tile buildings located across from the post office on N King, this well-maintained 20-unit apartment building has 6 retail spaces, 9 one-bedroom units, 4 two-bedrooms, 1 three-bedroom, and 1 bonus warehouse unit (approx 645sf). Owner recently fixed spalling and painted, and has taken excellent care of the building. Property has some covered parking, and bonus parking fronting the building not included in the 17 stalls. Access from Long Lane via N King. Opportunity to create better cash flow with minimal cap expenditure due to below market rents.

Property Details

Building Name
NA
Business Type
Mixed Use
Construction Materials
Concrete Block
Floor Number
3
Flooring
Concrete
Neighborhood
Kapalama
Net Operating Income
210739.00
Number Of Units Total
20
Parking Features
On Site, Street
Parking Total
17
Property Frontage
Other
Property Type
Commercial/Industrial
Interior SqFt
10,785
Other SqFt
642
Total SqFt
11,427
Status
Active
Stories
3
Total Actual Rent
$24,450
Total Annual Operating Expenses
$88,661
Total Income
$299,400
Year Built
1970

Additional Property Info

Days on Market
289
Flood Zone
Zone X
Property Condition
Excellent
Roof
Other
Tax Amount
$3,160
Tax Assessed Value
$3,061,000
Tax Assessed Value Improvements
$967,500
Tax Assessed Value Land
$2,093,500
Utilities
Gas, Light Electricity, Other, Small Water Meter
Zoning
33 - BMX-3 Community Business M

Location (Also shows similar listings) Get Directions

Loading map...

Listing Courtesy of Commercial Inv. Strategies Courtesy of Christina L Dwight, Commercial Inv. Strategies.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2024 by HiCentral MLS, Ltd.

Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.