413 Seaside Ave | Honolulu, HI 96815
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- LoopNet Team
413 Seaside Ave
Honolulu, HI 96815
Zigu Building · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- EXCELLENT LOCATION WITHIN THE HEART OF WAIKIKI
- LONG-TERM NNN 14-YEAR LEASE WITH A CREDIT TENANT provides stable cash flow, a low risk investment, and minimal management responsibilities
- BEAUTIFUL ARCHITECTURAL DESIGN makes it a truly unique property
- EXTREMELY RARE OPPORTUNITY as this property has never been for sale and is being sold by the family who originally built it
- BELOW MARKET RENTS provide long-term upside potential when the lease rent comes up for renegotiation
- CAPITAL PROJECTS COMPLETED including the conversion of the property to an upscale retail restaurant and addition of a 1,000-gallon grease trap
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,204 SF
Building Class
C
Year Built
1939
Tenancy
Single
Building Height
2 Stories
Slab To Slab
9’
Building FAR
0.98
Lot Size
0.12 AC
Zoning
APARTMIX
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,141,400 | |
| Land Assessment | $4,587,000 | Total Assessment | $5,728,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$4,587,000
Improvements Assessment
$1,141,400
Total Assessment
$5,728,400
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