94-303 Farrington Hwy
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94-303 Farrington Hwy
20,802 SF Retail Building Waipahu, HI 96797 £4,652,280 (£224/SF)
Investment Highlights
- Prime street frontage on Farrington Hwy
- 24 foot clear height on second floor
- Rarely available fee simple free-standing building
- Reinforced structural steel mezzanine w/concrete floor
- Ample parking and loading area
Executive Summary
The property consists of 18,938 square feet of fee simple land with a two-story retail/office/warehouse building. The ground floor is currently used as a furniture showroom and is serviced by large 12’X14’ roll up door, double wide glass entry door and includes large glass picture windows around most of the building. With over 100 linear feet of street frontage along Farrington Hwy., the building benefits from great visibility. The second floor is both showroom and high cube storage supported by concrete floor and heavy structural steel support. There is access by way of stairwell and overhead cable lift system, and there is space for a freight elevator on the ground floor to the second floor. This is a rare opportunity with a fully functional second floor.
The property is located in the Farrington/Leoku Transit Influenced Zone (TIZ) precinct with up zoning to BMX-3 that allows residential mixed use for future development with a height limit of 60 feet.
The property is located in the Farrington/Leoku Transit Influenced Zone (TIZ) precinct with up zoning to BMX-3 that allows residential mixed use for future development with a height limit of 60 feet.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
20,802 SF
Building Class
B
Year Built
1985
Price
£4,652,280
Price Per SF
£224
Tenancy
Multiple
Number of Floors
2
Slab to Slab
10 ft
Building FAR
1.10
Land Acres
0.43 AC
Opportunity Zone
Yes
Zoning
U/32/30 - BMX-3 (Business Mixed Use)
Parking
14 Spaces (0.67 Spaces per 1,000 SF Leased)
Frontage
574 ft on Farrington Hwy
Amenities
- Bus Route
- Signage
Walk Score ®
Very Walkable (75)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 1-9-4-049-058-0000 | Improvements Assessment | £1,318,706 |
Land Assessment | £1,337,939 | Total Assessment | £2,656,645 |
PROPERTY TAXES
Parcel Number
1-9-4-049-058-0000
Land Assessment
£1,337,939
Improvements Assessment
£1,318,706
Total Assessment
£2,656,645
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94-303 Farrington Hwy
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