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Restaurant/Retail/Residential Uses 1283 S King St 7,610 sq ft 100% Let Retail Property Honolulu, HI 96814 £5,079,192 (£667.44/sq ft) 3.36% Net Initial Yield

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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
Shopfront Retail / Office
Property Size
7,610 sq ft
Costar Property Class
C
Year Built
1963
Price
£5,079,192
Price per sq ft
£667.44
Yield
3.36%
NOI
£170,699
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Floor To Floor Height
9 ft
Plot ratio
0.73
Total Plot Size
0.24 ac
Use Class
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 sq ft Leased)
Frontage
85 ft on King St

AMENITIES

  • Corner Lot
  • Restaurant
  • Signage
Walk Score®
Excellent pedestrian access (98)
Transit Score®
Excellent Public Transport (75)
Bike Score®
Ideal For Cyclists (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

NEARBY MAJOR RETAILERS

Starbucks
Hawaii National Bank
L & L Hawaiian Barbecue
Gyu-Kaku Japanese BBQ
Body & Brain
Planet Fitness
The Coffee Bean & Tea Leaf
Foodland Farms
Nijiya Market
Safeway

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-2-3-013-027-0000
Land Assessment
£2,319,622
Improvements Assessment
£383,554
Total Assessment
£2,703,176
  • Listing ID: 25499683

  • Date on Market: 18/04/2022

  • Last Updated:

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

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