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1160 N King St
Honolulu, HI 96817
Office Property For Sale
Investment Highlights
- Guaranteed Income: Salem Media will execute a ten-year lease upon closing providing the Buyer with guaranteed cashflow.
- Stand Alone Office Building: This concrete building has been solidly constructed and recently renovated to provide for future growth and flexibility.
- Easy Access Near freeway entrance: This property is located just 3 minutes from the H-1 freeway on and off ramps.
- Credit Tenant: Salem Media was founded in 1974 and is currently traded on the NASDAQ exchange.
- Flexible Zoning: The community business mixed use (BMX-3) zoning is one of the most sought-after zonings.
- TOD Neighborhood - Kalihi: The Salem Media Center sits within ½ mile radius from the proposed Kapalama Rail Station - Niuhelewai.
Property Facts
Property Type
Office
Property Subtype
Building Size
17,926 SF
Building Class
B
Year Built/Renovated
1931/2006
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
8,963 SF
Slab To Slab
9’
Building FAR
1.58
Lot Size
0.26 AC
Zoning
BMX-3 - The community business mixed use (BMX-3) zoning is one of the most sought-after zonings.
Parking
10 Spaces (0.56 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 1-1-6-002-029-0000 | Improvements Assessment | $1,086,700 |
| Land Assessment | $2,613,200 | Total Assessment | $3,699,900 |
Property Taxes
Parcel Number
1-1-6-002-029-0000
Land Assessment
$2,613,200
Improvements Assessment
$1,086,700
Total Assessment
$3,699,900
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