None Commercial

1218 N King Street, Honolulu, Oahu 96817 Get Directions

$4,600,000

 

Total SqFt
10,785
Lot Size Area
9,507 SqFt
Land Tenure
Fee Simple
MLS #
202411833
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Overview

Excellent opportunity to manage up to market rents and earn a 6.55% cap! Well maintained three-story BMX-zoned building with mixed use, retail on the bottom front floor. 2 structures connected by a warehouse with 1:1 parking (9 ones, 4 twos, 1 three, and 4 retail [2 of which combine 2 spaces]). Additional parking on the King Street side of the property is used by customers and NOT counted in 17 space total. Owner recently fixed spalling and painted, and has taken excellent care of the building. Located across from King St. Post Office and a block from Farrington HS, so easy access to downtown and freeway in all directions.

Property Details

Business Type
Condo/Apt
Construction Materials
Concrete Block
Flooring
Concrete
Neighborhood
Kapalama
Net Operating Income
225637.00
Number Of Units Total
17
Parking Features
On Site, Street, Unassigned
Parking Total
17
Property Frontage
Other
Property Type
Commercial/Industrial
Interior SqFt
10,785
Total SqFt
10,785
Status
Active
Stories
3
Total Actual Rent
$25,750
Total Annual Operating Expenses
$89,363
Total Income
$315,000
Year Built
1970

Additional Property Info

Days on Market
98
Flood Zone
Zone X
Property Condition
Above Average
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

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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.

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