1246 S King St
Honolulu, HI 96814
Retail Property For Sale
Investment Highlights
- Owner-User Opportunity with Existing Restaurant Fixtures
- Redevelopment Opportunity
- High Vehicle Traffic and Visibility
- Below Market Rents with Upside Potential
- Fee Simple Offering
- Well-Located Asset on Major Thoroughfare
Property Facts
Amenities
- Bus Line
- Signage
About 1246 S KING ST , HONOLULU, HI 96814
1246 S. King Street is a perfect owner-user opportunity for a restauranteur or retailer. The building is equipped with restaurant infrastructure in-place. The site benefits from excellent street visibility along the major thoroughfare, King Street. 1012 Akala Lane is a single-story multifamily duplex consisting of one 2-bedroom/1-bathroom unit and one 3-bedroom/1-bathroom unit adjacent to 1246 S. King Street. There is tremendous upside potential by renovating the units and increasing the existing under market rents. Together, the parcels pose a prime redevelopment opportunity in central Honolulu. The subject sites are zoned BMX-3, Community Business Mixed Use District. Zoning allows for 150-foot height limit and a 2.5 floor area ratio. The properties are being offered for sale together.
Property Taxes
| Parcel Number | 1-2-4-004-066-0000 | Improvements Assessment | $82,900 |
| Land Assessment | $854,000 | Total Assessment | $936,900 |
Property Taxes
