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1150 S King Street Honolulu, HI 96814
963 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 963 sqft
Price per Sqft $103
MLS Listing ID 202410952
Year Built 1966
Lot Size 2.391 Acres
Acres 104134.0
Property Sub-Type Commercial/Industrial
Property Description
Seller changing concept of this popular restaurant, so this spot won't do. 4 years remaining from 10-year lease. Perfect location on South King St. between Pensacola St. and Piikoi St. Restaurant and kitchen newly renovated 6 years ago with over $150K improvements, equipment, furnishings, fixtures. Restaurant grease trap already in place. Reasonable lease rent currently $1.821/sq. ft. ($1,709.35/mo.) + GET, CAM, currently approx. $1,710 INCLUDES WATER/SEWER, ELECTRIC, property taxes, etc. per lease for 983 rentable square feet. Tenant responsible for gas, phone, parking fees, insurances, cleaning, real property tax adjustment, etc. per the lease. Annual 3% increase until lease ends 6/30/2028.
Lease assignment subject to approval and consent of Landlord. Sale is for the improvements and remaining lease. All improvements, fixtures are sold in "as is" condition without warranties. Sale does not include business name and/or good will.
On going, thriving business. Please call Lister for an appointment to view the property. Do Not disturb employees or business during operating hours.
Lease assignment subject to approval and consent of Landlord. Sale is for the improvements and remaining lease. All improvements, fixtures are sold in "as is" condition without warranties. Sale does not include business name and/or good will.
On going, thriving business. Please call Lister for an appointment to view the property. Do Not disturb employees or business during operating hours.
Location
State HI
County Honolulu
Area Metro
Zoning Zone X
Interior
Heating Gas, Light Electricity
Flooring Concrete, Other
Exterior
Parking Features Assigned, On Site, Street
Utilities Available Gas, Light Electricity
Amenities Available None
Building
Story 21+
Sewer Connected
Others
Ownership LH - Leasehold
Listed by Ideal Properties, Inc.