1150 S King Street, Honolulu, HI 96814
- $70,000
- List Price
- $70,000
- Days on Market
- 45
- MLS#
- 202515934
- Status
- ACTIVE
- Type
- Commercial
- Building
- Pacificana Atlas
- Land Area
- 104,134
- Land Tenure
- LH - Leasehold
- Neighborhood
- Makiki
- Subdivision
- Makiki Area
Property Description
Popular restaurant WITH GREASE TRAP perfectly located in the lobby of Pacificana Atlas building, between Pensacola St. and Piikoi St. More than $150K renovation of the restaurant and kitchen in 2016/2017. Sale is for the improvements and remaining lease. All improvements, fixtures are sold in "as is" condition without any warranties. Sale does Not include the business name and/or good will. Lease usage is for Japanese sushi restaurant; seller will assist buyer for Landlord's permission for other usage. Current lease rent is reasonably set at $1,813.45 + GE tax, CAM (currently approx. $1,710 INCLUDING WATER, ELECTRIC, property taxes, etc. per lease). Tenant responsible for gas, phone, parking, insurances, maintenance, property tax adjustment, etc., per lease. Lease rent annual step up to $1,867.85 and then $1,923.89, ends 6/30/2028. Do not disturb employees or business during operating hours.
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Additional Information
- Island
- Oahu
- Utilities
- Electricity Available, Natural Gas Available, Sewer Connected
- Lot Size
- 104,134
- Construction Materials
- Other
- Neighborhood
- Makiki
- Year Built
- 1966
- Building Name
- Pacificana Atlas
- Sewer
- Connected
- Parking Features
- Assigned, On Site, On Street
- Assessed Total
- 12683000
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Listing courtesy of Ideal Properties, Inc..
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