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598 Halekauwila St
Honolulu, HI 96813
Retail Property For Sale


INVESTMENT HIGHLIGHTS
- Leasehold interest owned by B E & C Properties
- 1/2 block from the US District Court, State of Hawaii Courts, and from “Restaurant Row”
- Located within the Kaka?ako Community District – Civic Center
- Highly visible corner in Kaka?ako
- Close proximity to numerous dining amenities
EXECUTIVE SUMMARY
Investment Highlights:
Opportunity for healthy cash flow and potential for future redevelopment upon ground lease expiration.
Ground lease income with reliable ground lessee in place through November 30, 2033
Lack of new office building development/competition
Excellent central location adjacent to Waikiki and Central Business District
Opportunity for healthy cash flow and potential for future redevelopment upon ground lease expiration.
Ground lease income with reliable ground lessee in place through November 30, 2033
Lack of new office building development/competition
Excellent central location adjacent to Waikiki and Central Business District
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
3,302 SF
Building Class
C
Year Built
1986
Price
$2,500,000
Price Per SF
$757.12
Tenancy
Single
Building Height
2 Stories
Building FAR
0.63
Lot Size
0.12 AC
Zoning
HCDA
Parking
8 Spaces (1.38 Spaces per 1,000 SF Leased)
Frontage
89’ on Halekauwila St
AMENITIES
- Bus Line
- Car Charging Station
PROPERTY TAXES
| Parcel Number | 1-2-1-031-002-0000 | Improvements Assessment | $365,600 |
| Land Assessment | $1,722,100 | Total Assessment | $2,087,700 |
PROPERTY TAXES
Parcel Number
1-2-1-031-002-0000
Land Assessment
$1,722,100
Improvements Assessment
$365,600
Total Assessment
$2,087,700
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