1151 Mapunapuna Street

    Honolulu, HI 96819
    • $7,000,000
    • STATUS: Active
    • ON SITE: 271 days
    • MLS #: 201827933
    UPDATED: 70 min ago
    $7,000,000
    • 0
      BEDS
    • 6.85
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1968
    County:
    Area:

    School Ratings & Info

    Description

    132,250 sq ft industrial style building converted into multi-tenant retail and industrial use located on 6.85 acres of B-2 zoned land. Improvements include 15,120 sq ft two story office building (2850 Paa Street) with new elevator and roof. Sale also includes leasehold interest of TMK: 1-1-1-7:45 (1.07 acres, R-5 zoning, current rent $6,160 per month). Monthly property tax amount noted herein are for both parcels combined. Easy access, located adjacent to H-201 (Moanalua) Highway. Master ground lease expires 1/31/2044. NOI approximately $700K (10% cap rate). Call listor for more info. Confidentiality agreement required to release more detail.

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    © 2019 HiCentral MLS, Ltd. All rights reserved.
    Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Ihara Team.

    Licensed in the State of Hawaii, USA.
    www.iharateamhawaii.com/homes/88756738

    1151 Mapunapuna Street Honolulu, HI 96819

    • Price: $7,000,000
    • Status: Active
    • Updated: 70 min ago
    • MLS #: 201827933
    0
    Beds
    0
    Baths
    0
    ½ Baths
    6.85
    Acres
    1968
    Built
    Neighborhood:
    Mapunapuna
    County:
    Oahu
    Area:
    Metro
    Property Description
    132,250 sq ft industrial style building converted into multi-tenant retail and industrial use located on 6.85 acres of B-2 zoned land. Improvements include 15,120 sq ft two story office building (2850 Paa Street) with new elevator and roof. Sale also includes leasehold interest of TMK: 1-1-1-7:45 (1.07 acres, R-5 zoning, current rent $6,160 per month). Monthly property tax amount noted herein are for both parcels combined. Easy access, located adjacent to H-201 (Moanalua) Highway. Master ground lease expires 1/31/2044. NOI approximately $700K (10% cap rate). Call listor for more info. Confidentiality agreement required to release more detail.
    Exterior Features

    Construction Materials Concrete BlockFood QualityMetal Frame Loading Container DockContainer DoorsLoading AreaPassenger Elevator Parking On SiteStreetUnassigned Property Frontage Other Roof Aluminum/SteelComposition Stories OneTwo

    Interior Features

    Cooling Central Ac Floors AsphaltConcreteDock High Sq Ft Other 15120 Sq Ft Total 147370

    Property Features

    Amenities Chill RoomFire SprinklerFloor DrainFreezer RoomOfficePrivate RestroomPublic RestroomSecurity Assessed Value Improvements 9094000.00 Assessed Value Land 19583500.00 Assessed Value Total 28677500.00 Building Name None Business Type IndustrialMixed UseOfficeOther Commercial Space No Current Monthly Lease Or Rent 130543.00 Disclosures None Documents Building PlansEnvironmental AssessmentLease DocumentsP&LSurvey Easements Utility Expenses Source Owner Flood Zone Zone Ae Income Source Owner Land Recorded Dual Systems Land Tenure Lh - Leasehold Lease Expires 2044-01-31 Lease Type See Remarks Lease Until Year 2044 Listing Financing CashOther Management Company Owner Property Condition Average Property Type Commercial/Industrial Sewer Connected Special Sale Conditions None Tax Amount 31693.00 Tax Paid By Seller No Tax Year 2018 Tenant Pays Common Area MaintenanceElectricityExcise TaxGasLease RentLiability InsReal Estate TaxesWater Utilities Available GasHeavy ElectricityLarge Water Meter Zoning 32 - B-2 Community Business Dis

    Listings provided courtesy of Marcus & Associates, Inc..
    Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2019-07-21T05:58:47.533. Information is deemed reliable but not guaranteed. Copyright: 2019 by HiCentral MLS, Ltd.


    © 2019 HiCentral MLS, Ltd. All rights reserved.
    Some of the active listings on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

    IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Ihara Team.

    Licensed in the State of Hawaii, USA.
     
    The Ihara Team
    4747 Kilauea Ave., Suite 201
    Honolulu HI, 96816