1240 Young Street, Honolulu, HI 96814

Sold Price
$2,650,000
List Price
$2,800,000
Days on Market
86
Closing Date
May 23, 2025
MLS#
202505623
Status
CLOSED
Type
Commercial
Building
Na
Land Area
7,921
Land Tenure
FS - Fee Simple
Neighborhood
Makiki
Subdivision
Makiki Area

Property Description

COMMERCIAL LISTING. BMX-3 Zoned with residential use exemption makes this property super desirable for its many possible uses. Owners never thought they'd sell, so have kept the building in top shape with low rents to eliminate vacancies. 10 units: 6 ones, 4 twos, 7 parking & 100% occupancy. Super clean, upgraded interiors. All but one unit is renovated. Hollow tile construction, nice private grass yard common area, and excellent location make this property easy to "manage up": charge for parking, install coin laundry, and increase the rent to market rates. All units have laundry hookups; all machines owned by tenants. Buyer to accept existing survey performed by Walter Thompson Inc November 1, 2000.

Additional Information

Island
Oahu
Utilities
Electricity Available, Sewer Connected
Lot Size
7,921
Construction Materials
Block, Concrete
Neighborhood
Makiki
Year Built
1961
Building Name
Na
Sewer
Connected
Parking Features
Assigned
Stories
2
Assessed Total
2493600

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Commercial Inv. Strategies. Selling Office: Locations LLC.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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