474 Kalanikoa St
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474 Kalanikoa St
12,424 SF 82% Leased Industrial Building Hilo, HI 96720 £2,347,123 (£189/SF)
Investment Highlights
- Individual electric meters.
- Potentially eight office/retail spaces.
- Level lot with high-cube warehouses.
- Eight warehouse roll-up doors.
Executive Summary
Prime investor/owner-user opportunity in Hilo's Industrial area! This CG-7.5 zoned property consists of two well-maintained buildings totaling 12,424 square feet on a 22,900 sf level lot. The front two-story 3,174 square foot CMU building could potentially house up to eight office/retail units (some units have been combined). There are eight electric meters and four common restrooms. The rear 9,250 square foot warehouse (WH) building could potentially house up to eight high-cube WH units (some units have been combined). WH spaces: One-1,000 sf, Three-1,250 sf, Two-2,250 sf. There are eight roll-up doors and 8 electric meters with three-phase service. There are nine restrooms in the WH building, four restrooms have showers. The property has one comm. electric meter, one comm. water meter, and 26 pkg stalls. The property is located less than two miles from Hilo Int'l Airport and Port of Hilo.
Property Facts
Amenities
- Mezzanine
- Air Conditioning
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
| Space | Size | Space Use | Condition | Available |
| 1st Fl - Bay A | 2,250 SF | Industrial | Full Build-Out | Now |
1st Fl - Bay A
| Size |
| 2,250 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
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1st Fl - Bay A
| Size | 2,250 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
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DEMOGRAPHICS
Regional Accessibility
CITY
POPULATION
Honolulu
347,397
ACCESS AND LABOR FORCE
10 MILES
Total Population
55,326
Total Labor Force
29,449
Unemployment Rate
3.42%
Median Household Income
$71,545
Warehouse Employees
1,846
High School Education Or Higher
93.60%
$ values in USD
PROPERTY TAXES
| Parcel Number | 3-2-2-035-027-0000 | Improvements Assessment | £890,101 |
| Land Assessment | £262,265 | Total Assessment | £1,152,367 |
PROPERTY TAXES
Parcel Number
3-2-2-035-027-0000
Land Assessment
£262,265
Improvements Assessment
£890,101
Total Assessment
£1,152,367
zoning
| Zoning Code | CG-7.5 (General Commercial District - Area suitable for commercial uses and services on a broad basis to serve the central shopping or principal downtown area) |
| CG-7.5 (General Commercial District - Area suitable for commercial uses and services on a broad basis to serve the central shopping or principal downtown area) |
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Steven Lau - Lau & Associates LLC
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Presented by
Lau & Associates LLC
474 Kalanikoa St
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