413 Seaside Ave | Honolulu, HI 96815
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- LoopNet Team
413 Seaside Ave
Honolulu, HI 96815
Zigu Building · Retail Property For Sale
Investment Highlights
- EXCELLENT LOCATION WITHIN THE HEART OF WAIKIKI
- LONG-TERM NNN 14-YEAR LEASE WITH A CREDIT TENANT provides stable cash flow, a low risk investment, and minimal management responsibilities
- BEAUTIFUL ARCHITECTURAL DESIGN makes it a truly unique property
- EXTREMELY RARE OPPORTUNITY as this property has never been for sale and is being sold by the family who originally built it
- BELOW MARKET RENTS provide long-term upside potential when the lease rent comes up for renegotiation
- CAPITAL PROJECTS COMPLETED including the conversion of the property to an upscale retail restaurant and addition of a 1,000-gallon grease trap
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,204 SF
Building Class
C
Year Built
1939
Tenancy
Single
Number of Floors
2
Slab to Slab
9 ft
Building FAR
0.98
Lot Size
0.12 AC
Zoning
APARTMIX
Amenities
- Bus Route
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £897,811 | |
| Land Assessment | £3,837,575 | Total Assessment | £4,735,386 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£3,837,575
Improvements Assessment
£897,811
Total Assessment
£4,735,386
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