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1638 10th Ave 5,400 SF Vacant Retail Building Honolulu, HI 96816 $1,495,000 ($276.85/SF)
Investment Highlights
- basement storage w/ bathroom
- vacant for buyer's flexibility
Executive Summary
Rare opportunity to acquire a fully vacant mixed-use property in Palolo Valley. The property includes a former convenience store with five (5) parking stalls at street level, a 4-bedroom/4-bath apartment on the second floor, and an open basement with a restroom below the store.
With the entire building now vacant, the former convenience store presents an excellent opportunity for an owner-user to establish a convenience store or other permitted commercial use, subject to Buyer's own due diligence and verification. Commercial use is legal/non-conforming for the R-5 zoning.
Please call Listor for additional details. Showings are by appointment only. Please do not walk the property or disturb neighbors.
With the entire building now vacant, the former convenience store presents an excellent opportunity for an owner-user to establish a convenience store or other permitted commercial use, subject to Buyer's own due diligence and verification. Commercial use is legal/non-conforming for the R-5 zoning.
Please call Listor for additional details. Showings are by appointment only. Please do not walk the property or disturb neighbors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,400 SF
Building Class
C
Year Built
1955
Price
$1,495,000
Price Per SF
$276.85
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
9’
Building FAR
1.24
Lot Size
0.10 AC
Zoning
R-5 - Residential
Parking
5 Spaces (0.93 Spaces per 1,000 SF Leased)
Frontage
225’ on 10th Ave
Amenities
- Bus Line
- Signage
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-3-3-040-012-0000 | Improvements Assessment | $172,600 |
| Land Assessment | $780,200 | Total Assessment | $952,800 |
Property Taxes
Parcel Number
1-3-3-040-012-0000
Land Assessment
$780,200
Improvements Assessment
$172,600
Total Assessment
$952,800
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