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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



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
Property Type
Retail
Property Subtype
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)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1-2-3-013-027-0000 | Improvements Assessment | £383,554 |
| Land Assessment | £2,319,622 | Total Assessment | £2,703,176 |
PROPERTY TAXES
Parcel Number
1-2-3-013-027-0000
Land Assessment
£2,319,622
Improvements Assessment
£383,554
Total Assessment
£2,703,176
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Restaurant/Retail/Residential Uses | 1283 S King St
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