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Restaurant/Retail/Residential Uses 1283 S King St

6,316 SF 100% Leased Retail Building Honolulu, HI 96814 $9,551,824 CAD ($1,512 CAD/SF) 3.36% Cap Rate

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 Facts

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,316 SF
Building Class
C
Year Built
1963
Price
$9,551,824 CAD
Price Per SF
$1,512 CAD
Cap Rate
3.36%
NOI
$321,013 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
0.60
Land Acres
0.24 AC
Zoning
BMX-3 - BMX-3 (Community Business Mixed Use) allows for residential uses in addition to business uses.
Parking
28 Spaces (4.43 Spaces per 1,000 SF Leased)
Frontage
85 ft on King St

Amenities

  • Bus Line
  • Signage
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (75)
Bike Score ®
Biker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Hawaii National Bank
Starbucks
L & L Hawaiian Barbecue
Body & Brain
Gyu-Kaku Japanese BBQ
Planet Fitness
Nijiya Market
Territorial Savings Bank
Sugar Factory
Buffalo Wild Wings Grill & Bar

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-2-3-013-027-0000
Land Assessment
$4,152,877 CAD
Improvements Assessment
$689,195 CAD
Total Assessment
$4,842,072 CAD
  • Listing ID: 25499683

  • Date on Market: 2022-04-18

  • Last Updated:

  • Address: 1283 S King St, Honolulu, HI 96814

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