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4355 Lawehana St - Bldg A

2,257 SF Industrial Condo Unit Offered at $249,999 in Honolulu, HI 96818

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Investment Highlights

This prime location is minutes away from Pearl Harbor.
Accessible access to H1 Interstate.

Prime location nearby a popular retail strip including giant retailer Target nearby.
Property has a dedicated parking lot.

Property Facts

Price	$249,999	Building Class	C
Unit Size	2,257 SF	Floors	2
No. Units	1	Typical Floor Size	2,766 SF
Total Building Size	5,532 SF	Year Built	1988
Property Type	Flex (Condo)	Lot Size	0.26 AC
Property Subtype	Light Distribution General Retail Auto Dealership Industrial Distribution Office Industrial Live Work Unit	Parking Ratio	1.19/1,000 SF
Sale Type	Investment	Sale Conditions	Ground Lease (Leasehold)

Price	$249,999
Unit Size	2,257 SF
No. Units	1
Total Building Size	5,532 SF
Property Type	Flex (Condo)
Property Subtype	Light Distribution General Retail Auto Dealership Industrial Distribution Office Industrial Live Work Unit
Sale Type	Investment
Building Class	C
Floors	2
Typical Floor Size	2,766 SF
Year Built	1988
Lot Size	0.26 AC
Parking Ratio	1.19/1,000 SF
Sale Conditions	Ground Lease (Leasehold)

1 Unit Available

Unit 5A

Unit Size	2,257 SF	Cap Rate	20.36%
Price	$249,999	NOI	$50,897.80
Price Per SF	$110.77	No. Parking Spaces	7
Condo Use	Industrial	Sale Conditions	Ground Lease (Leasehold)
Sale Type	Investment

Unit Size	2,257 SF
Price	$249,999
Price Per SF	$110.77
Condo Use	Industrial
Sale Type	Investment
Cap Rate	20.36%
NOI	$50,897.80
No. Parking Spaces	7
Sale Conditions	Ground Lease (Leasehold)

Description

Opportunity is everywhere, it is what you do with it that matters. This is an industrial zoned unit that offers: a 14 foot garage door to a garage bay, two auxiliary rooms, a large flex space, upgraded kitchen, two refreshed bathroom, dedicated laundry, as well as 3 front row parking! The beautifully remodeled upstairs space offers comfort and serenity. Remodel included: fresh paint, bay conversion, new floors, split AC, kitchen refresh, and bathroom refresh. This unit is one of two in the complex that has an additional 373 square feet of side yard space.
Buyer is responsible for due diligence on possible uses of the property.

Sale Notes

This unit it tenant occupied and current tenants have a lease until July 31st 2026.
This is a Leasehold property with a Ground Lease until June 30th 2034.
Quarterly lease rent and maintenance fee is $4,270.55.
Tenant currently playing $5,665.00 per month.

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