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    430 Piikoi Street

    Honolulu, HI 96814
    • $12,000,000
    • STATUS: Active
    • ON SITE: 107 days
    • MLS #: 202106548
    UPDATED: 71 min ago
    $12,000,000
    • 0
      BEDS
    • 0.47
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1957
    County:
    Area:

    School Ratings & Info

    Description

    Prime location across the street from Ala Moana shopping center and Ala Moana Beach Park. Property zoning falls under the Kakaako Hawaii Community Development Authority (HCDA). Perfect opportunity to redevelop in possible affordable housing under Bill 7 or into a retail strip mall. All plans for redevelopment must be submitted and approved by HCDA. Currently this property is generating a 3% CAP rate at $12M. Minutes away from Howard Hughes development in Ward and nestled among luxury high rise condominiums. Subject parcel is over 20,000 sq.ft and over 16,000 in useable interior square footage. Great diverse tenants from bar/restaurant, retail clothing, massage, and taxi dispatch. Rare opportunity to purchase prime real estate land in the Ala Moana area!

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    © 2021 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 Keller Williams Honolulu.

    Licensed in the State of Hawaii, USA.
    www.realtyinhawaii.com/homes/114886667
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    430 Piikoi Street Honolulu, HI 96814

    • Price: $12,000,000
    • Status: Active
    • Updated: 71 min ago
    • MLS #: 202106548
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.47
    Acres
    1957
    Built
    Neighborhood:
    Kakaako
    County:
    Oahu
    Area:
    Metro
    Property Description
    Prime location across the street from Ala Moana shopping center and Ala Moana Beach Park. Property zoning falls under the Kakaako Hawaii Community Development Authority (HCDA). Perfect opportunity to redevelop in possible affordable housing under Bill 7 or into a retail strip mall. All plans for redevelopment must be submitted and approved by HCDA. Currently this property is generating a 3% CAP rate at $12M. Minutes away from Howard Hughes development in Ward and nestled among luxury high rise condominiums. Subject parcel is over 20,000 sq.ft and over 16,000 in useable interior square footage. Great diverse tenants from bar/restaurant, retail clothing, massage, and taxi dispatch. Rare opportunity to purchase prime real estate land in the Ala Moana area!
    Exterior Features

    Construction Materials Concrete Block Loading None Parking AssignedOn SiteStreet Parking Total 29 Property Frontage Main StreetRetail Mall Roof Other Stories Three

    Interior Features

    Cooling Individual Floors Concrete Sq Ft Other 0 Sq Ft Total 16132

    Property Features

    Amenities None Annual Expenses 128577.00 Assessed Value Improvements 1479000.00 Assessed Value Land 5361500.00 Assessed Value Total 6840500.00 Building Name N/A Business Type Retail Mall Commercial Space No Disclosures None Documents P&L Easements None Expenses Source Appraisal Flood Zone Zone Ae Foreclosure YN No Gross Income 441611.00 Income Source Appraisal Land Recorded Land Court Land Tenure Fs - Fee Simple Lease Type CashOther Listing Financing Other Net Operating Income 313035.00 Property Condition Above AverageAverage Property Type 96814 Sewer Connected Special Sale Conditions None Tax Amount 4746.20 Tax Paid By Seller No Tax Year 2020 Tenant Pays Common Area MaintenanceElectricity Utilities Available Light ElectricitySmall Water Meter Zoning Kak €€Œ Kakaako Community Development Project

    Listings provided courtesy of Ivy K Realty, Llc.
    Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Listings last updated on 2021-06-24T04:58:44.597. Information is deemed reliable but not guaranteed. Copyright: 2021 by HiCentral MLS, Ltd.


    © 2021 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 Keller Williams Honolulu.

    Licensed in the State of Hawaii, USA.
     
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