cloaked address Honolulu HI 96814 · Neighborhood: Ala Moana · Region: Metro · MLS: 1114410 · TMK: 1-2-3-013-027-0000 & History 

Show all 1 photos. Updated 12/9/2011 9:55:35 AM
Expired. It was offered at $1,500,000 LH
Location
Prop Type: Commercial
Region: Metro
Neigh: Ala Moana
cloaked address
Honolulu HI 96814
Area
Interior sf:7,170
Other sf:232
Total sf:7,402
Floor sf:0
Building sf:7,402
Land sf:10,472
Land acres:0.240
Financials
Gross Income:351,600
Operating Exp:187,248
Net Operating Inc:164,352
Price Info
List Price:1,500,000 LH
List Price orig:2,000,000 LH
Min deposit:0
Fee Purchase:
Sales Price:0 LH
Concessions:0
Net SP:0 LH
Other
Parking 20
Stories 2
Units 10
Floor 0
Comm'l spaceNo
Remarks
Seller:HUGE PRICE REDUCTION 500,000. Best opportunity for investor/owner user to own this property with long lease (lease expire 2039)! Come with recently renovated hostess bar with liquor and dancing license, restaurant space, offices, and apartments. Conveniently location in town near Keaaumoku, Wal-Mart, Ala Moana Center! Currently cap rate at 8.2%! Do Not bother and disturb any tenants and employee.
Property Features
Amenities
None

Construction
Brick

Condition
Above Average

Cool System
Central AC
Other

Disclosures
None

Documents
Lease Documents
Title Search
Easements
Other

Expense Info
Owner

Income Info
Owner

Floors
Concrete

Frontage
Main Street

Land Recorded
Regular System
Lease Type
See Remarks

Lessee Pays
Common Area Maintenance
Electricity
Excise Tax
Fire Ins
Gas
Janitorial/Trash Removal
Lease Rent
Liability Ins
Real Estate Taxes

Listing Broker
Five Star Realty, Inc.

Loading
None

Parking
On Site
Street

Sale Conditions
None
Terms
Cash
Roof
Other

Type
Condo/Apt
Free Standing
Mixed Use
Restaurant

Utilities
Gas
Light Electricity
Small Water Meter

Sewer
Connected

Zoning
BMX-3 Community Business M
More Information
Property Management
Company:
Phone:
 
Public Report
Number0
 
Built
Year1963
Lease Info
LandlordFrancis Y T Chinn
LessorFrancis Y T Chinn
Renegotiation7/1/2015
Lease expires6/30/2039
 
YearRent per month
Current 2015 7,290
Step up 1 0 0
Real Property Tax 2011
Assessed
Land1,678,200
Improvement280,000
Total1,958,200
Yearly
Tax Rates 19,576
366 Days on MarketKey Dates
Original listing 11/22/2011
List 12/7/2011
Photo 12/9/2011
Modified 2/18/2013
Price Change 7/4/2012
Status Change 12/7/2012
Temporary Withdrawn
Back on Market
Off Market
Withdrawn
Pending
Closed
Representation, Questions & Additional Information
If you are already working with an agent, please contact them directly for more information on this Commercial 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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