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1289 S. King Street (LH)

1289 S. King Street, Honolulu, HI 96814

$950,000

7,170 SF | Retail

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Retail Property For Sale

Price:
$950,000
Building Size:
7,170 SF
Price/SF:
$132.50
Property Type:
Retail
Property Sub-type:
Retail (Other)
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
13.25%
Occupancy:
100%
Tenancy:
Multiple
Property on Ground Lease?:
Yes
Lot Size:
10,469 SF
APN / Parcel ID:
123013027
Listing ID
18401566
Last Updated
18 days ago

Find Out More...

Description

Leasehold Mixed-use retail/residential project on S. KIng Street between Piikoi and Keeaumoku. 20+ parking in rear. Two retail units + 6 studios and 3 - 3 bedroom/I bath units with kitchenette area upstairs. Proforma NOI $125,880. Ground lease renegotiates 7/2015 at 8% of fair market value but capped at $10,000 per month & fixed for 10 years. Ground lease expires 2039. Call Listor for financials. Do not disturb tenants. Showing by appointment only.

On S. King Street between Piiko and Keeaumoku Streets.

Financial Summary

  • Actual
  • $125,875

Map of 1289 S. King Street, Honolulu, HI 96814 (Honolulu County)

Research for 1289 S. King Street, Honolulu, HI 96814 (Honolulu County)

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Asking Price Index Trends for Honolulu, HI Retail For Sale

  Aug 14 vs. 3 mo.
prior
Y-O-Y
-
State
$220-2.7%-12.6%
-
Metro
$210-10.1%-13.5%
-
County
$210-10.1%-13.5%

View Honolulu Market Trends for other property types for sale or lease. Learn more about the chart info.

1289 S. King Street (LH)
  • Retail
  • $950,000
  • 7,170 SF