Korean Rest · 1311 King Honolulu HI 96817 · Neighborhood: Kalihi Area · Region: Metro · MLS: 1013040 · TMK: 1-1-5-003-016-0007 & History 

Show all 8 photos. Updated 10/6/2010 6:23:22 PM
Expired. It was offered at $240,000 LH
Location
Prop Type: Business
Bus Type: Restaurant
SIC:
Region: Metro
Neigh: Kalihi Area
Name: Korean Rest
1311 King
Unit #F-7,8
Honolulu HI 96817
Area
Lot size sf36,024
Lot size acres0.827
Floor #1
Financials
Annual
Gross Income:1
Operating Exp:1
Net Op Inc:1
Price Info
List Price:240,000 LH
List Price orig:240,000 LH
Fee Purchase:
Sales Price:0 LH
Concessions:0
Net SP:0 LH
Remarks
Seller:Excellent restaurant business opportunity. Well established since 1966. All-You-Can-Eat Korean Restaurant with additional room, large 124 seat is available and lots parking on site. Located in Kalihi area near post office and busy industry area. Great income. Excellent condition, but sold AS-IS condition. The owner will provide good training. Open 10:00 am ~ 10:00pm.
Property Features
Amenities
A/C
Exterior Sign
Gas
Private Restroom
Rear Entry

Business Type
Restaurant

Construction
Concrete
Hollow Tile
Single Wall

Days Open
Seven

Disclosures
Call Listor

Documents
Furniture, Fixtures, Equipment
Lease Documents
Licenses
Employees
Full Time
Non Union
Owner
Part Time

Frontage
Other
Side Street

Hours Open

Inclusions

Land Tenure
LH - Leasehold

Land Recorded
Land Court
Lease Type

Lessee Pays
Common Area Maintenance
Insurance
Operating Expenses
Promotion/Advertising
Trash Removal
Utilities

Listing Broker
New Star Realty, Inc.

Location
Commercial/Industrial

Ownership
Corporate

Parking
26+ Spaces
Common Area
On Site
Possession
Close of Escrow

Sale Conditions

Sold Terms

Stories
One

Terms Offered
Cash

Waste

Zoning
BMX-3 Community Business M

More Information
Miscellaneous
Business Established1966
Property Management Company:C/B Commercial
Property Management Phone:
Franchise Fee:0
Lease Info
LandlordKing Kala Hui
LessorP B BISHOP TRUST
Renegotiation
Lease expires4/30/2015
 
YearRent per month
Current 2015 5,467
Step up 1 0 0
Step up 2 0 0
Real Property Tax 2009
Assessed
Land2,950,300
Improvement788,900
Total3,739,200
Yearly
Tax Rates 0
351 Days on MarketKey Dates
Original listing 9/21/2010
List 10/6/2010
Photo 10/6/2010
Modified 9/22/2011
Price Change
Status Change 9/22/2011
Temporary Withdrawn
Back on Market
Off Market 9/22/2011
Withdrawn
Pending
Closed
Representation, Questions & Additional Information
If you are already working with an agent, please contact them directly for more information on this Business listing.
If you would like to work with a pro, contact:
Robin Glass, (R), PB, MBA
Hawaii Home + Commercial LLC
☎ 808-358-1774
glassr@hawaiihome.cc

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