List Price

$6,500,000

Price Change

▼ $200,000 1721352565

Days on Market

49

MLS#

202413748

Status

ACTIVE

Type

Commercial

Building

N/A

Sq Ft Total

12860

Land Area

10,926

Land Tenure

FS - Fee Simple

Neighborhood

Makiki

Property Description

Incredible opportunity for an owner-user to acquire a fee simple property located at 1079 -1085 South Beretania Street! The property consists of 2 buildings with approximately 12,860 square feet of warehouse, office and retail space; situated on approximately 10,926 square feet of BMX-3 zoned land in Honolulu. Currently 100% leased to Goodwill Industries of Hawaii Inc. who will vacate in December 2024, or possibly sooner. The tenant has completed several renovations and professionally maintained the interior with many improvements. The retail and warehousing components make the Property an especially unique opportunity for urban Honolulu, benefiting from ample retail exposure along Beretania Street, onsite parking, renovated office space, and functional warehouse space with three rollup doors. These features make the property a very attractive investment for an owner-user seeking to acquire a mixed-use property, in a prime location for their business.

Additional Information

Island

Oahu

Stories Type

Two

Utilities

Light Electricity

Easements

None

Parking Total

10

Tenants Responsibilities Include

AC Maintenance, Common Area Maintenance, Electricity, Excise Tax, Fire Ins, Glass Ins, Janitorial/Trash Removal, Liability Ins, Other, Real Estate Taxes, Water

Elementary School

Kaahumanu

Middle School

Washington

High School

Roosevelt

Lot Size

10,926

Construction Materials

Concrete Block, Metal Frame

Mls Area Major

Metro

Neighborhood

Makiki

Frontage

Main Street, Side Street

Year Built

1942

Tax Amount

$4,404

Building Name

N/A

Sewer

Connected

Roof

Aluminum/Steel, Composition

Parking Features

On Site

Amenities

None

Stories

2

Lease Expiration Date

2024-12-31

Assessed Total

4215600

Assessed Improvement

853800

Assessed Land

3261800

Zoning

33 - BMX-3 Community Business M