Sofos Building 1980-1984 Kalakaua Ave 3,936 SF 100% Leased Retail Building Honolulu, HI 96815 $4,790,000 ($1,216.97/SF)
INVESTMENT HIGHLIGHTS
- Heavy daytime foot traffic
- High visibility on Kalakaua Blvd at the entrance of Waikiki
EXECUTIVE SUMMARY
This Fee Simple property boasts a land area of 4,292 SF and a building area of 3,936 SF in the vibrant Waikiki trade area. Zoned as RESCOM, this prime location is ideal for a range of commercial uses. With a unique floor plan spanning multiple levels, including Parcel 84, 47, and 77, this property offers versatility and space for various business endeavors. Situated in a high-traffic area with impressive demographics, this investment promises excellent exposure and potential for growth. Don't miss this opportunity in a bustling market that attracts a significant average daytime population and a growing number of tourists. With Oahu visitor numbers on the rise and substantial consumer spending, this property is positioned for success.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,936 SF
Building Class
B
Year Built
1950
Price
$4,790,000
Price Per SF
$1,216.97
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
0.90
Lot Size
0.10 AC
Zoning
BMX - Resort Mixed Use
Frontage
293’ on Kalakaua Ave
AMENITIES
- Bus Line
- Signage
Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (90)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $465,900 | |
| Land Assessment | $2,680,600 | Total Assessment | $3,146,500 |
