Mapunapuna Commercial

1151 Mapunapuna Street, Honolulu, Oahu 96819 Get Directions

$7,000,000

 

Total SqFt
147,370
Lot Size Area
298,430 SqFt
Land Tenure
Leasehold
MLS #
201827933
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Overview

132,250 sq ft industrial style building converted into multi-tenant retail and industrial use located on 6.85 acres of B-2 zoned land. Improvements include 15,120 sq ft two story office building (2850 Paa Street) with new elevator and roof. Sale also includes leasehold interest of TMK: 1-1-1-7:45 (1.07 acres, R-5 zoning, current rent $6,160 per month). Monthly property tax amount noted herein are for both parcels combined. Easy access, located adjacent to H-201 (Moanalua) Highway. Master ground lease expires 1/31/2044. NOI approximately $700K (10% cap rate). Call listor for more info. Confidentiality agreement required to release more detail.

Property Details

Amenities
Chill Room, Fire Sprinkler, Floor Drain, Freezer Room, Office, Private Restroom, Public Restroom, Security
Business Type
Industrial, Mixed Use, Office, Other
Construction Materials
Concrete Block, Food Quality, Metal Frame
Flooring
Asphalt, Concrete, Dock High
Neighborhood
Mapunapuna
Parking Features
On Site, Street, Unassigned
Property Frontage
Other
Property Type
Commercial/Industrial
Interior SqFt
132,250
Other SqFt
15,120
Total SqFt
147,370
Status
Active
Stories
2
Year Built
1968

Additional Property Info

Days on Market
11
Flood Zone
Zone AE
Lease Expiration Date
01/31/2044
Lease Fee Month
$130,543
Lease Renegotiation Date
02/01/2025
Property Condition
Average
Roof
Aluminum/Steel, Composition
Tax Amount
$31,693
Tax Assessed Value
$28,677,500
Tax Assessed Value Improvements
$9,094,000
Tax Assessed Value Land
$19,583,500
Utilities
Gas, Heavy Electricity, Large Water Meter
Zoning
32 - B-2 Community Business Dis

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Listing Courtesy of Marcus & Associates, Inc. Courtesy of Kevin Y Nishikawa, Marcus & Associates, Inc..
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2018 by HiCentral MLS, Ltd.

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