1680 Kapiolani Blvd

1680 Kapiolani Blvd
Honolulu, HI 96814

For Sale

Sold

Sold Price

$308,000 (LH)

List Price

$350,000 (LH)

Property Type:: Commercial/Industrial
Bedrooms:: --
Full Baths:: --
Half Baths:: --

Land Area (sf):: 26,757
Living (sf):: --
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: -- - Assigned, On Site

MLS #:: 202223703
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: HOLIDAY MART
TMK:: 1-2-3-022-004-0000

List Date:: November 04, 2022
Date Sold:: January 10, 2023

REMARKS:

Very well known Japanese restaurant Odoriko. This popular restarantt has been in business for 50 years. Large interior over 2000 sqft. with many parking space available. Fully renovated in 2014. Lease rent is currently unbelievable rate of $2.06 per sqft. 15years left and can be negotiated further lease. For more detailed information, please contact listing agents. Please do not disturb the employees.

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PROPERTY INFORMATION:

Zoning:: 33 - BMX-3 Community Business M
Furnished:: --

Year Built:: 1981
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $13,686,200
Assd. Val. Imprv:: $4,455,400
Assd. Val. Total:: $18,141,600

Tax Year:: 2022
Monthly Taxes:: $1,167
Home Exempt.:: --

Land Tenure: Leasehold
Fee Options: None
Lessor:: 1680 Kapiolani LLC

Lease Rent:: 4939.88/2037
Next Step-Up:: --/--
2nd Step-Up:: --/--

Fee Purchase:: --
Reneg Date:: --
Lease Exp:: --

SCHOOLS:

Elem. School:: --
Middle School:: --
High School:: --

OTHER PROPERTY FEATURES:

Frontage:: Main Street
View:: --
Pool:: --
Amenities:: Office, Private Restroom
Inclusions:: --
Security:: --
Assn. Fee Inclusions:: --
Other Fee Inclusions:: --

Lot Description:: --
Topography:: --
Number of Stories:: One
Building Style:: --
Property Condition:: Excellent
Construction:: Reinforced Concrete
Roofing:: Other
Floor Covering:: Concrete

Disclosures:: Call Listor, See Remarks
Possession:: --
Terms Accept.:: Cash
Land Recorded:: None

Exclusions:: --
Easements:: Driveway
Set-Backs:: --

Compensation*:: 5%
Compensation Type:: --

* The offer of compensation to cooperating brokers is made only to the Participants and MLS Subscribers of HICMLS or Participants and MLS Subscribers of other Reciprocating Boards as set forth in that certain Multiple Listing Service Reciprocal Agreement, as amended from time to time, which is incorporated herein by reference.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Saturday, May 4, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Locations LLC

For Sale

202223703