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Listed by Graham Properties, Inc.
$ 4,500,000
Est. payment /mo
Active
2020 S King ST Honolulu, HI 96826
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Moiliili
MLS Listing ID 202506400
Construction Status Average Condition
HOA Y/N No
Year Built 1972
Annual Tax Amount $34,080
Property Sub-Type Industrial
Property Description
The space is currently leased on a month-to-month basis to a prominent architectural firm, generating approximately $9,000 per month in rental income.
This provides flexibility for future redevelopment while still maintaining cash flow in the interim.
15 existing parking stalls, with the potential for reconfiguration to increase capacity.
Street parking is also available, enhancing accessibility for tenants and customers.
Zoning & Redevelopment Potential
BMX-3 (Community Business Mixed-Use) Zoning: Allows for a mix of residential, retail, office, and other commercial uses.
FAR (Floor Area Ratio): 2.5, expandable to 3.5 with open space bonuses, allowing for significant vertical development.
Height Limit: 150 feet, making it suitable for mid-rise or high-rise development.
Proximity to Waikiki, University of Hawaii, and major retail and dining corridors makes it highly desirable for commercial or mixed-use projects.
Bill 7 Redevelopment Potential: The property may qualify for higher-density affordable housing incentives, encouraging investment in residential development.
This provides flexibility for future redevelopment while still maintaining cash flow in the interim.
15 existing parking stalls, with the potential for reconfiguration to increase capacity.
Street parking is also available, enhancing accessibility for tenants and customers.
Zoning & Redevelopment Potential
BMX-3 (Community Business Mixed-Use) Zoning: Allows for a mix of residential, retail, office, and other commercial uses.
FAR (Floor Area Ratio): 2.5, expandable to 3.5 with open space bonuses, allowing for significant vertical development.
Height Limit: 150 feet, making it suitable for mid-rise or high-rise development.
Proximity to Waikiki, University of Hawaii, and major retail and dining corridors makes it highly desirable for commercial or mixed-use projects.
Bill 7 Redevelopment Potential: The property may qualify for higher-density affordable housing incentives, encouraging investment in residential development.
Location
State HI
County Oahu
Area Metro
Building/Complex Name na
Interior
Cooling Other
Flooring Other, Wood
Fireplace No
Exterior
Parking Features On Site
Community Features None
Utilities Available Electricity Available, Sewer Connected
Total Parking Spaces 15
Building
Story 2
Entry Level Two
Sewer Connected
Level or Stories Two
Construction Status Average Condition
Others
Tax ID 1-2-8-003-006-0000
Special Listing Condition None
