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Listed by Commercial Inv. Strategies
$ 4,600,000
Est. payment /mo
Active
1218 N King ST Honolulu, HI 96817
UPDATED:
11/08/2024 01:57 AM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Kapalama
MLS Listing ID 202411833
Construction Status Good Condition
Year Built 1970
Annual Tax Amount $37,920
Property Description
Excellent opportunity to manage up to market rents and earn a 6.55% cap! Well maintained three-story BMX-zoned building with mixed use, retail on the bottom front floor. 2 structures connected by a warehouse with 1:1 parking (9 ones, 4 twos, 1 three, and 4 retail [2 of which combine 2 spaces]). Additional parking on the King Street side of the property is used by customers and NOT counted in 17 space total. Owner recently fixed spalling and painted, and has taken excellent care of the building. Located across from King St. Post Office and a block from Farrington HS, so easy access to downtown and freeway in all directions.
Location
State HI
County Oahu
Area Metro
Building/Complex Name none
Interior
Cooling None
Flooring Concrete
Fireplace No
Exterior
Parking Features On Site, On Street, Unassigned
Community Features None
Utilities Available Electricity Available, Natural Gas Available, Other, Sewer Connected
Total Parking Spaces 17
Building
Story 3
Entry Level Three Or More
Sewer Connected
Level or Stories Three Or More
Construction Status Good Condition
Others
Tax ID 1-1-6-002-063-0000
Special Listing Condition None