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44-740 Kaneohe Bay Dr
Kāneohe, HI 96744
Retail Property For Sale
PROPERTY FACTS
ABOUT 44-740 KANEOHE BAY DR , KĀNEOHE, HI 96744
The property presents an excellent redevelopment opportunity along the major thoroughfare, Kaneohe Bay Drive, with over 20,500 cars passing by the property daily. The 10,001 SF fee simple site is currently occupied by a 1,475 SF convenience store which lease expires in 2019. The in-place lease would enable the buyer or new tenant to draft plans and submit for building permits if necessary for their use while offsetting ownership costs with rental revenue from the existing tenant occupying the building. This offering is ideal for both investors, developers and owner-users. Businesses in the area have limited options as the area is mostly zoned for residential use. The seller has successfully up-zoned the property as the only B-1, neighborhood business district zoned property along Kaneohe Bay Drive, which has significantly expanded the types of uses permitted on-site.
PROPERTY TAXES
| Parcel Number | 1-4-4-019-085-0000 | Improvements Assessment | $120,000 |
| Land Assessment | $1,350,100 | Total Assessment | $1,470,100 |
PROPERTY TAXES
