1150 S King Street Honolulu HI 96814 MLS #202515934

Popular restaurant WITH GREASE TRAP perfectly located in the lobby of Pacificana Atlas building, between Pensacola St. and Piikoi St. More than $150K renovation of the restaurant and kitchen in 2016/2017. Sale is for the improvements and remaining lease. All improvements, fixtures are sold in “as is” condition without any warranties. Sale does Not include the business name and/or good will. Lease usage is for Japanese sushi restaurant; seller will assist buyer for Landlord’s permission for other usage.
Current lease rent is reasonably set at $1,813.45 + GE tax, CAM (currently approx. $1,710 INCLUDING WATER, ELECTRIC, property taxes, etc. per lease). Tenant responsible for gas, phone, parking, insurances, maintenance, property tax adjustment, etc., per lease. Lease rent annual step up to $1,867.85 and then $1,923.89, ends 6/30/2028. Do not disturb employees or business during operating hours.