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611 Cooke St

2,900 SF Retail Building Honolulu, HI 96813 $4,430,160 CAD ($1,528 CAD/SF) 4% Cap Rate

Executive Summary

This is an excellent opportunity for an owner/user or investor to purchase a free-standing retail / industrial building in sizzling hot Kaka'ako. The building is located on Cooke Street which has existing sidewalks and drainage, is not in a flood zone, and qualifies for Ordinance 16-21 (lowers RPT by 50% for certain industrial uses). The building is currently occupied, please do not disturb the tenant. Showings by appointment only.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,900 SF
Building Class
C
Year Built
1961
Price
$4,430,160 CAD
Price Per SF
$1,528 CAD
Cap Rate
4%
NOI
$177,206 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.61
Land Acres
0.11 AC
Zoning
U/KA/30 - Located in Central Kaka'ako which is mixed/use (similar to BMX-3) so almost every commercial and light industrial use is permitted.
Parking
4 Spaces (1.38 Spaces per 1,000 SF Leased)
Frontage
51 ft on Cooke St

Amenities

  • Fenced Lot
  • Signage
  • Air Conditioning
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (78)
Bike Score ®
Very Bikeable (70)
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

CrossFit
L & L Hawaiian Barbecue
Ruth’s Chris Steak House
First Foundation
UFC Gym
Central Pacific Bank
American Savings Bank
Buca Di Beppo
Happy Lemon
StretchLab

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-2-1-050-059-0000
Land Assessment
$2,277,048 CAD
Improvements Assessment
$96,687 CAD
Total Assessment
$2,373,734 CAD
  • Listing ID: 34054950

  • Date on Market: 2024-12-02

  • Last Updated:

  • Address: 611 Cooke St, Honolulu, HI 96813

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