Restaurant/Retail/Residential Uses | 1283 S King St
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Restaurant/Retail/Residential Uses 1283 S King St
6,316 SF 100% Leased Retail Building Honolulu, HI 96814 £5,333,988 (£845/SF) 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
Building Size
6,316 SF
Building Class
C
Year Built
1963
Price
£5,333,988
Price Per SF
£845
Net Initial Yield
3.36%
NOI
£179,262
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Slab to Slab
9 ft
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 Route
- Signage
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (75)
Bike Score ®
Biker's Paradise (91)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 1-2-3-013-027-0000 | Improvements Assessment | £390,793 |
Land Assessment | £2,354,799 | Total Assessment | £2,745,592 |
PROPERTY TAXES
Parcel Number
1-2-3-013-027-0000
Land Assessment
£2,354,799
Improvements Assessment
£390,793
Total Assessment
£2,745,592
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Restaurant/Retail/Residential Uses | 1283 S King St
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