902 Nuuanu Ave, Honolulu, HI 96817
5,059 SF | 100% Leased | Retail Building | Honolulu, HI 96817 | $2,500,000 ($494/SF) | 4.08% Cap Rate
Asking Price $2,500,000
- Property Type
-
Retail
- Square Feet
- 5,059 SF
- Price / Square Foot
- $494
Listing Contacts
Matthew McKeever
Jo McGarry Curran
Matthew Bittick
Property Overview
CBRE Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in the T.R. Foster Building, a multi-tenant retail/office building of historic significance, located at 902 Nuuanu avenue (the “Building”).
The 5,059 square foot multi-tenant retail/office building is situated on 3,339 square feet of land that is 100% leased to two tenants including the popular Black Shamrock Tavern. With distinctive Honolulu harbor views and neighboring Murphy’s Bar and Grill on the opposite corner of Merchant and Nuuanu streets, the T.R. Foster Building anchors what has come to be known as "The Irish Corner" of Honolulu.
The 5,059 square foot multi-tenant retail/office building is situated on 3,339 square feet of land that is 100% leased to two tenants including the popular Black Shamrock Tavern. With distinctive Honolulu harbor views and neighboring Murphy’s Bar and Grill on the opposite corner of Merchant and Nuuanu streets, the T.R. Foster Building anchors what has come to be known as "The Irish Corner" of Honolulu.
Property Details
- Class
- C
- Year Built
- 1891
- Stories
- 2
- Property Subtype
- Storefront Retail/Office
- Lot Size (sq. ft)
- 3,485 SF
Highlights
- A fee simple multi-tenant retail/office jewel-box building
- Located in the heart of Downtown Honolulu at the Irish Corner
- Iconic location with the Black Shamrock Irish pub located on the ground floor (fka O’Toole's)
- Long-term stable tenant base with strong in-place income
- Low maintenance net lease opportunity
- Ideal 1031 Exchange property
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