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611 Cooke St

2,900 SF Retail Building Honolulu, HI 96813 £2,464,718 (£850/SF) 4% Net Initial Yield

Executive Summary

This is an excellent opportunity for an owner/user or investor to purchase a free-standing retail / industrial building in sizzling hot Kaka'ako. The building is located on Cooke Street which has existing sidewalks and drainage, is not in a flood zone, and qualifies for Ordinance 16-21 (lowers RPT by 50% for certain industrial uses). The building is currently occupied, please do not disturb the tenant. Showings by appointment only.

Attachments

611 Cooke Street Flyer

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
2,900 SF
Building Class
C
Year Built
1961
Price
£2,464,718
Price Per SF
£850
Net Initial Yield
4%
NOI
£98,589
Tenancy
Single
Number of Floors
1
Building FAR
0.61
Land Acres
0.11 AC
Zoning
U/KA/30 - Located in Central Kaka'ako which is mixed/use (similar to BMX-3) so almost every commercial and light industrial use is permitted.
Parking
4 Spaces (1.38 Spaces per 1,000 SF Leased)
Frontage
51 ft on Cooke St

Amenities

  • Fenced Lot
  • Signage
  • Air Conditioning
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Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (78)
Bike Score ®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

CrossFit
L & L Hawaiian Barbecue
Ruth’s Chris Steak House
First Foundation
UFC Gym
Central Pacific Bank
American Savings Bank
Happy Lemon
Buca Di Beppo
StretchLab

PROPERTY TAXES

Parcel Number 1-2-1-050-059-0000 Improvements Assessment £53,989
Land Assessment £1,271,481 Total Assessment £1,325,470

PROPERTY TAXES

Parcel Number
1-2-1-050-059-0000
Land Assessment
£1,271,481
Improvements Assessment
£53,989
Total Assessment
£1,325,470
(808) 372-5964

  • Listing ID: 34054950

  • Date on Market: 02/12/2024

  • Last Updated:

  • Address: 611 Cooke St, Honolulu, HI 96813

The Retail Property at 611 Cooke St, Honolulu, HI 96813 is currently available For Sale. Contact Obsidian Real Estate Hawaii for more information.

Nearby Listings

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611 Cooke St, Honolulu, HI for sale Primary Photo- Image 1 of 6
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© 2024 CoStar Group

611 Cooke St
(808) 372-5964 x

611 Cooke St

Sheldon Glassco

(808) 372-5964

(808) 372-5964

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