None Commercial

1818 S King Street, Honolulu, Oahu 96826 Get Directions

$7,100,000

 

Total SqFt
7,298
Lot Size Area
19,381 SqFt
Land Tenure
Fee Simple
MLS #
202411734
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Overview

Highly visible prime location on S. King St. with 112 ft. frontage. Unusually large lot of 19,381 SF with 44 open parking stalls. Also 1/15 undivided interest in separate adjacent driveway lot (3,602 SF) for additional egress. Improved with well-maintained concrete block 2-story building with dining on first floor and additional dining room and private meeting room on 2nd floor. Well recognized Japanese restaurant that has been there for approximately 20 years. Lease will renegotiate 6/2026 and lease rent will increase substantially. Lease will expire 6/2031.

Property Details

Amenities
Other, Private Restroom
Business Type
Free Standing, Mixed Use, Restaurant
Construction Materials
Concrete Block
Flooring
Concrete
Neighborhood
Moiliili
Net Operating Income
167175.00
Number Of Units Total
1
Parking Features
On Site, Street, Unassigned
Parking Total
44
Property Frontage
Main Street
Property Type
Commercial/Industrial
Interior SqFt
6,746
Other SqFt
552
Total SqFt
7,298
Status
Active
Stories
2
Total Actual Rent
$14,500
Total Annual Operating Expenses
$17,709
Total Income
$182,199
Year Built
1978

Additional Property Info

Days on Market
13
Flood Zone
Zone X
Property Condition
Above Average
Roof
Pitch & Gravel
Tax Amount
$6,782
Tax Assessed Value
$6,563,600
Tax Assessed Value Improvements
$652,400
Tax Assessed Value Land
$5,911,200
Utilities
Light Electricity
Zoning
33 - BMX-3 Community Business M

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Listing Courtesy of Berkshire Hathaway HmSvc HI RE Courtesy of Steven DH Chung, Berkshire Hathaway HmSvc HI RE.
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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