Renaissance Gem · 2005 Kalia Honolulu HI 96815 · Neighborhood: Waikiki · Region: Metro · MLS: 2807160 · TMK: 1-2-6-009-013-0000 & History 

Show all 2 photos. Updated 5/28/2008 5:01:00 PM
Expired. It was offered at $150,000 LH
Location
Prop Type: Business
Bus Type: Jewelry
SIC:
Region: Metro
Neigh: Waikiki
Name: Renaissance Gem
2005 Kalia
Unit #
Honolulu HI 96815
Area
Lot size sf77,249
Lot size acres1.773
Floor #1
Financials
Annual
Gross Income:320,000
Operating Exp:100,000
Net Op Inc:120,000
Price Info
List Price:150,000 LH
List Price orig:150,000 LH
Fee Purchase:
Sales Price:0 LH
Concessions:0
Net SP:0 LH
Remarks
Seller:Major Waikiki hotel shop on the ground, fine & custom jewelry shop. Good for E-Visa. Merchandise inventory is not included in the sales price. It is extra. Very elegant classy store. Lease can be renegotiated for a brand new 5 year lease from the start or a year later. Owner plans to retire, but will help buyer on a part-time basis if requested. Fixed hotel clients.
Property Features
Amenities
A/C
ADA Accessible
ADA Compliant
Exterior Sign
Security System

Business Type
Jewelry
Retail General

Construction
Concrete

Days Open
Seven

Disclosures
Call Listor
None

Documents
Furniture, Fixtures, Equipment
Lease Documents
Tax Return
Employees

Frontage
Other
Retail Mall
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
Utilities

Listing Broker
Real Estate Systems

Location
Freestanding
Other
Shopping Center

Ownership
Corporate

Parking
Additional Charge
Covered
None
Other
Possession
Close of Escrow

Sale Conditions

Sold Terms

Stories
One

Terms Offered
Cash
Conventional

Waste

Zoning
X6 - Resort Hotel Precinct

More Information
Miscellaneous
Business Established1994
Property Management Company:HILTON
Property Management Phone:HILTON
Franchise Fee:0
Lease Info
Landlord
LessorHILTON
Renegotiation
Lease expires10/1/2009
 
YearRent per month
Current 2009 5,000
Step up 1 0 2,009
Step up 2 0 0
Real Property Tax 2007
Assessed
Land33,544,300
Improvement96,500,000
Total130,044,300
Yearly
Tax Rates 1
248 Days on MarketKey Dates
Original listing 4/13/2008
List 4/28/2008
Photo 5/28/2008
Modified 1/1/2009
Price Change
Status Change 1/1/2009
Temporary Withdrawn
Back on Market
Off Market 1/1/2009
Withdrawn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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