817-821 Cedar St, Honolulu, HI 96814
6,475 SF | 100% Leased | Retail Building | Honolulu, HI 96814 | $3,850,000 ($595/SF)
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,850,000
- Property Type
-
Retail
- Square Feet
- 6,475 SF
- Price / Square Foot
- $595
Listing Contacts
Mark Bratton
Verified Profile
Michael Perkins
Verified Profile
Alexander Peach
Verified Profile
Erin Mitsuyoshi
Verified Profile
- Property Info
Property Overview
This rarely available property in the heart of Honolulu is being offered for sale. Situated between Elm and Rycroft Streets, this quaint mixed-use office/retail building was built in 1972. It is a two-story walk-up building with a gross building area of approximately 6,475 square feet. The property is zoned BMX-3 (Business Mixed-Use) and is suited for both owner users and investors seeking a small investment property. The property is currently 100% leased with the opportunity to adjust rents to market in the future.
The property includes an open parking area in front of the building which accommodates up to ten (10) vehicles.
The BMX-3 zoning provides flexibility in usage, allowing a new buyer the ability to re-purpose the property for a variety of uses, including housing. (Fee Simple)
The property includes an open parking area in front of the building which accommodates up to ten (10) vehicles.
The BMX-3 zoning provides flexibility in usage, allowing a new buyer the ability to re-purpose the property for a variety of uses, including housing. (Fee Simple)
Property Details
- Year Built
- 1972
- Stories
- 2
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 6,534 SF
Highlights
- Excellent location within the urban core
- Well maintained property
- Ideal size for an owner/user
- Lack of available investment alternatives for investors or owner/users
- BMX-3 zoning which allows for conversion to housing or other uses
- Ideal for businesses serving Central Honolulu
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