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1127 Hopaka Street

Honolulu, HI 96814
  • $9,999,999
  • STATUS: Active
  • ON SITE: 63 Days
  • MLS #: 202220896
UPDATED: 65 min ago
$9,999,999
  • 0
    BEDS
  • 0.78
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1939
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

EXCELLENT OWNER-USER OR CASH FLOW INVESTMENT OPPORTUNITY! This is a once-in-a-generation opportunity to acquire the fee simple interest in 1127 Hopaka Street, a multi-tenant industrial property in a prime location two blocks to Ala Moana Shopping Center, within the highly desirable Kaakako neighborhood of Honolulu, Hawaii. The property is situated on 34,187 square feet of Kakaako zoned land and consists of 33,012 square feet of industrial space which is currently 100% leased by twelve tenants. Some leases are gross and some are NNN. This property is great for an owner-user, or a cash flow investor and could be an excellent future redevelopment opportunity while benefiting from in-place income to cover carrying costs. Income/expenses are proforma.

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© 2022 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 Island Life Homes.

Licensed in the State of Hawaii, USA.
www.islandlifehm.com/homes/133727488
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1127 Hopaka Street Honolulu, HI 96814

  • Price: $9,999,999
  • Status: Active
  • On Site: 63 Days
  • Updated: 65 min ago
  • MLS #: 202220896
0
Beds
0
Baths
0
½ Baths
0.78
Acres
1939
Built
Neighborhood:
Kakaako
County:
Oahu
Area:
Metro
Elementary School:
Lunalilo
Middle School:
Washington
High School:
Mckinley
Property Description
EXCELLENT OWNER-USER OR CASH FLOW INVESTMENT OPPORTUNITY! This is a once-in-a-generation opportunity to acquire the fee simple interest in 1127 Hopaka Street, a multi-tenant industrial property in a prime location two blocks to Ala Moana Shopping Center, within the highly desirable Kaakako neighborhood of Honolulu, Hawaii. The property is situated on 34,187 square feet of Kakaako zoned land and consists of 33,012 square feet of industrial space which is currently 100% leased by twelve tenants. Some leases are gross and some are NNN. This property is great for an owner-user, or a cash flow investor and could be an excellent future redevelopment opportunity while benefiting from in-place income to cover carrying costs. Income/expenses are proforma.
Exterior Features

Construction Materials Concrete BlockLoft SpaceMetal Frame Floor Number 2 Loading None Parking Street Property Frontage Side Street Roof Aluminum/Steel Stories Two

Interior Features

Cooling IndividualIndividual Meters Floors Concrete Sq Ft Other 0 Sq Ft Total 33012

Property Features

Amenities OfficePrivate Restroom Annual Expenses 212329.00 Assessed Value Improvements 1398100.00 Assessed Value Land 9220200.00 Assessed Value Total 10618300.00 Building Name N/A Business Type IndustrialWarehouse Disclosures Call Listor Documents Environmental AssessmentLease DocumentsP&LSurveyTitle Search Easements None Expenses Source Owner Flood Zone Zone Ae Foreclosure YN No Income Source BrokerOwner Land Recorded Land Court Land Tenure Fs - Fee Simple Lease Type CashExchangeOther Listing Financing See Remarks Net Operating Income 472237.00 Property Condition Average Property Type 96814 Sewer Connected Special Sale Conditions None Tax Amount 10972.00 Tax Paid By Seller No Tax Year 2022 Tenant Pays ElectricityExcise TaxOtherReal Estate Taxes Total Actual Rent 57047.00 Utilities Available Light ElectricitySmall Water Meter Zoning Kak €€Œ Kakaako Community Development Project

Listings provided courtesy of Standard Management Llc: (808) 208-8107.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2022-12-08T23:58:42.217. Information is deemed reliable but not guaranteed. Copyright: 2022 by HiCentral MLS, Ltd.


© 2022 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 Island Life Homes.

Licensed in the State of Hawaii, USA.
 
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Honolulu HI, 96816