425 N King St

425 N King St
Honolulu, HI 96817

For Sale

Active

List Price

$10,000,000 (FS)

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

Land Area (sf):: 32,526
Living (sf):: --
Lanai (sf):: --
Other (sf):: --

Parking Stalls:: 38 - Assigned, On Site

MLS #:: 202401329
Island:: Oahu
Region:: Metro Oahu
Neighborhood:: DILLINGHAM
TMK:: 1-1-5-007-003-0000

List Date:: January 23, 2024

REMARKS:

Large BMX-3 zoned property offers great development potential near downtown Honolulu. First Hawaiian Bank Is adjacent to subject lot and has been sold to the City. Buyer to do their own due diligence. The value is in the land and potential development opportunities. Possible affordable housing rental or condominium project may be suitable for this lot.

View Map

PROPERTY INFORMATION:

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

Year Built:: 1921
Year Remodeled:: --

FINANCIAL INFORMATION:

Assd. Val. Land:: $5,878,900
Assd. Val. Imprv:: $1,237,800
Assd. Val. Total:: $7,116,700

Tax Year:: 2023
Monthly Taxes:: $7,354
Home Exempt.:: --

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:: Main Street
View:: --
Pool:: --
Amenities:: None
Inclusions:: --
Security:: --
Assn. Fee Inclusions:: --
Other Fee Inclusions:: --

Lot Description:: --
Topography:: --
Number of Stories:: Two
Building Style:: --
Property Condition:: Average, Fair, Needs Major Repair
Construction:: Other, Wood Frame
Roofing:: Aluminum/Steel, Pitch & Gravel, Shingle
Floor Covering:: Other

Disclosures:: None
Possession:: --
Terms Accept.:: Cash, 1031 Exchange
Land Recorded:: Land Court

Exclusions:: --
Easements:: None
Set-Backs:: --

Compensation*:: 2
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, April 27, 2024. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd. Listing courtesy of Century 21 iProperties Hawaii