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Executive Summary
2845 Lowrey Avenue (aka 2970 E. Manoa Road) is a rare opportunity to acquire a boutique multi-tenant investment in the commercial heart of Manoa Valley. This prominent corner parcel features a Mediterranean-style retail building with restaurant and retail spaces, plus a detached single family structure currently used for both residential and commercial use. Includes a 72 panel photovoltaic system for energy savings. The Property is conveniently located on the same block as Manoa Shopping Center and within close proximity to the University of Hawaii, Mid-Pacific Institute and Punahou School. $1,524 per month real property tax. Call Listor for financials details. Co-Listed with Trevor Benn of Forward Realty (808)383-2366 Trevor@forwardrealty.com.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,013 SF
Building Class
C
Year Built
1954
Price
$3,200,000
Price Per SF
$638.34
Tenancy
Single
Building Height
1 Story
Slab To Slab
9’
Building FAR
0.86
Lot Size
0.13 AC
Zoning
B-1
Parking
2 Spaces (0.4 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (71)
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-2-9-021-042-0000 | Improvements Assessment | $367,400 |
| Land Assessment | $1,106,600 | Total Assessment | $1,474,000 |
Property Taxes
Parcel Number
1-2-9-021-042-0000
Land Assessment
$1,106,600
Improvements Assessment
$367,400
Total Assessment
$1,474,000
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2845 Lowrey Ave
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