4504 Kukui St

    Kapaa, HI 96746
    • $5,240,000
    • STATUS: Active
    • ON SITE: 200 days
    • MLS #: 613797
    UPDATED: 50 min ago
    $5,240,000
    • 2
      BEDS
    • 0.39
      ACRES
    • 2
      BATHS
    • 2
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1989
    Area:

    School Ratings & Info

    Description

    A RARE EXAMPLE OF FINE CRAFTSMANSHIP IN A COMMERCIAL FACILITY. OFFERINGPricing $5,240,000.00Cap Rate 6.3% * With the new tax bill there are major benefits for the landlord* POSITIVE CASH FLOW, with potential to generate significant upside opportunities. With mix use zoning excellent opportunity for redevelopment* Outstanding Tenant roster with a solid tenancy history.* High end retail ground floor tenant mix includes: Sushi Bushido and Bar, Aloha Images (art gallery), etc.* Professional Offices * Excellent location, in the center of Historic Downtown Kapa'a Kauai, one block from the BEACH. The Property is highly visible and easily accessible from anywhere on the island. * Central courtyard, Indian slate floor with a glass roof & Japanese tile tower creating exotic ambiance for retail.* 2 deluxe restrooms on each floor.* Cement board siding for longevity.* 20 rentable spaces and a large courtyard for future development.* 30 space concrete private parking lot in rear and 12 diagonal parking slots in front.* Approximately 14,478 rentable square feet.

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    © 2018 MLS Hawaii, Inc. All rights reserved. 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 Elite Pacific Properties. Data last updated: 2018-07-20T17:34:44.917.
    kauai.elitepacific.com/homes/79621466

    4504 Kukui St Kapaa, HI 96746

    • Price: $5,240,000
    • Status: Active
    • Updated: 50 min ago
    • MLS #: 613797
    2
    Beds
    2
    Baths
    2
    ½ Baths
    0.39
    Acres
    1989
    Built
    Neighborhood:
    Kapaa Town Lots
    Area:
    Kawaihau
    Property Description
    A RARE EXAMPLE OF FINE CRAFTSMANSHIP IN A COMMERCIAL FACILITY. OFFERINGPricing $5,240,000.00Cap Rate 6.3% * With the new tax bill there are major benefits for the landlord* POSITIVE CASH FLOW, with potential to generate significant upside opportunities. With mix use zoning excellent opportunity for redevelopment* Outstanding Tenant roster with a solid tenancy history.* High end retail ground floor tenant mix includes: Sushi Bushido and Bar, Aloha Images (art gallery), etc.* Professional Offices * Excellent location, in the center of Historic Downtown Kapa'a Kauai, one block from the BEACH. The Property is highly visible and easily accessible from anywhere on the island. * Central courtyard, Indian slate floor with a glass roof & Japanese tile tower creating exotic ambiance for retail.* 2 deluxe restrooms on each floor.* Cement board siding for longevity.* 20 rentable spaces and a large courtyard for future development.* 30 space concrete private parking lot in rear and 12 diagonal parking slots in front.* Approximately 14,478 rentable square feet.
    Exterior Features

    Land Tenure Leasehold Ocean Front N Pool N Roads County

    Interior Features

    Appliances None

    Property Features

    Assessed Value 2972500 Assessment Year 2017 Distressed Standard Sale Fee Available No Lot Number 8-A Oceanfront Unit N Power Overhead Property Type Commercial Sewer Sewer-Connected Solid Waste Disposal County-Charge Tax Key 445010001 Taxes 24077.00 Terms 1031 ExchangeCashConventional Vehicle Parking CoveredOther (Remarks) Water County Zoning C-G

    Listing courtesy of Elite Pacific Properties Llc. © 2018 MLS Hawaii, Inc. All rights reserved.


    © 2018 MLS Hawaii, Inc. All rights reserved. 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 Elite Pacific Properties. Data last updated: 2018-07-20T17:34:44.917.
     
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