2978 Haleko Rd
Lihue, HI 96766
Haleko Office/Medical Building · Office Property For Sale
Investment Highlights
- Central Lihue location
- Existing improvements would allow a dental professional to move in quickly and easily.
- Two residential units off-sets substantial portion of mortgage payments
Executive Summary
Medical professional building. Located 1/2 block from County of Kauai building and Rice Street. In addition to parking lot, there is additional on-street parking. Professional office space on ground floor with a studio and one-bedroom units on the second floor. Office space currently used by periodontist and previously used by OB/GYN. Neighboring unit is utilized by a physician. One water and one electric meter for the entire condominium unit. Please see attached pro-forma financial analysis assuming 10% down-payment and residential rental rates at same level as currently leased. Listing price is FIRM. While both residential units are currently occupied, the one bedroom unit will become vacant by March 30, 2021. That tenant has been in the unit for many years. The Seller/his son will begin to occupy the unit at that time. The neighboring studio unit is on a one year lease which matures 8/31/22. This is his first lease in the building.
Property Facts
Amenities
- Signage
- Air Conditioning
- Balcony
