1150 S King St, Honolulu

$100,000

  • REDUCED MLS® #: 202410952
  • 1150 S King St
  • Honolulu, HI 96814

1150 S King St, Honolulu

$100,000

  • REDUCED MLS® #: 202410952
  • 1150 S King St
  • Honolulu, HI 96814
0 Beds
0 Baths
963 Sqft
2.39 Acres
0 Garages
  • Overview 963 SQ. Feet, 2.39 Acres
  • Listing Type Commercial/Industrial
  • Office: Ideal Properties, Inc.

Seller changing concept of this popular restaurant, so this spot won't do. 4 years remaining from 10-year lease. Perfect location on South King St. between Pensacola St. and Piikoi St. Restaurant and kitchen newly renovated 6 years ago with over $150K improvements, equipment, furnishings, fixtures. Restaurant grease trap already in place. Reasonable lease rent currently $1.821/sq. ft. ($1,709.35/mo.) + GET, CAM, currently approx. $1,710 INCLUDES WATER/SEWER, ELECTRIC, property taxes, etc. per lease for 983 rentable square feet. Tenant responsible for gas, phone, parking fees, insurances, cleaning, real property tax adjustment, etc. per the lease. Annual 3% increase until lease ends 6/30/2028. Lease assignment subject to approval and consent of Landlord. Sale is for the improvements and remaining lease. All improvements, fixtures are sold in "as is" condition without warranties. Sale does not include business name and/or good will. On going, thriving business. Please call Lister for an appointment to view the property. Do Not disturb employees or business during operating hours.

Essential Information

MLS® #202410952
Price$100,000
Bathrooms0.00
Square Footage963
Acres2.39
Year Built1966
TypeCommercial/Industrial
Sub-TypeCommercial/Industrial
Land TenureLH - Leasehold
StatusActive

Community Information

Address1150 S King St
AreaMetro
SubdivisionMAKIKI AREA
Building NamePacificana Atlas
StateHI
Zip Code96814

Amenities

AmenitiesNone
UtilitiesGas, Light Electricity
ParkingAssigned, On Site, Street

Interior

CoolingCentral AC, Individual
Stories21+

Exterior

ExteriorOther
RoofOther
ConstructionOther
FrontageBuilding Lobby

Additional Information

Date ListedJune 8th, 2024
Monthly Lease Fees$1,709
Lease ExpiresJune 30th, 2028
Days on Market36
Description Land TenureLH - Leasehold

Zoning

33 - BMX-3 Community Business M

Listing Details

OfficeIdeal Properties, Inc.
Office Contact(808) 593-9776

Property History

Price Reduced from $120,000 to $100,000
Please provide a valid email address.

Quick Details

This Property is priced at $100,000 and located at 1150 S King St, . With 0 Bedrooms and 0.00 Bathrooms, it offers a total of 963 Square feet. This Commercial/Industrial was built in 1966 and its status is Active. This property is represented by Michelle Wj Wong of Ideal Properties, Inc., Contact Number (808) 389-3067, our team of Realtors can represent you at no additional cost.

Based on information from the Multiple Listing Service of the HiCentral MLS®, Ltd. active listings last updated on July 15th, 2024 at 5:36pm HST. Information is deemed reliable but not guaranteed. Copyright: 2024 by the HiCentral MLS®, Ltd.

Listing 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.

Some of the active listings appearing 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.