Excellent opportunity to manage up to market rents and earn a 6.55% cap! Well maintained three-story BMX-zoned building with mixed use, retail on the bottom front floor. 2 structures connected by a warehouse with 1:1 parking (9 ones, 4 twos, 1 three, and 4 retail [2 of which combine 2 spaces]). Additional parking on the King Street side of the property is used by customers and NOT counted in 17 space total. Owner recently fixed spalling and painted, and has taken excellent care of the building. Located across from King St. Post Office and a block from Farrington HS, so easy access to downtown and freeway in all directions.
Property Details
Price:
$4,600,000
MLS #:
202411833
Status:
Active
Baths:
0
Address:
1218 N King Street
Type:
Commercial
Subtype:
Commercial/Industrial
Neighborhood:
KAPALAMA
City:
Honolulu
Listed Date:
May 23, 2024
State:
HI
Finished Sq Ft:
10,785
ZIP:
96817
Lot Size:
9,507 sqft / 0.22 acres (approx)
Year Built:
1970
Schools
Interior
Flooring
Concrete
Exterior
Parking Features
On Site, Street, Unassigned
Parking Total
17
Roof
Other
Utilities
Gas, Light Electricity, Other, Small Water Meter
Financial
Map
Contact Us
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Courtesy of Commercial Inv. Strategies. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the HiCentral MLS. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Oahu. All rights reserved.
1218 N King Street
Honolulu, HI
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