1314 S King St #713
Honolulu, HI 96814

For Sale
Sold
Sold Price
$50,000 (LH)
List Price
$59,000 (LH)
Property Type:
Commercial/Industrial
Bedrooms:
--
Full Baths:
--
Half Baths:
--
Land Area (sf):
66,298
Living (sf):
--
Lanai (sf):
--
Other (sf):
--
Parking Stalls:
1 - Assigned, On Site, Pay Public
Property Photo
MLS #:
202404057
Island:
Oahu
Region:
Metro Oahu
Neighborhood:
MAKIKI AREA
TMK:
1-2-4-004-004-0129
List Date:
Date Sold:

REMARKS:

Interstate Building is located conveniently in the heart of town. Easy access to building on S. King Street entrance or back entrance on Young Street. Both S. King St has an exit and on Young Street has two exits, one just for card holders in the building. The maintenance fee includes all utilities, central air and electricity. Public Restrooms and filtered water fountain located on every floor. A spacious 496 sf of office space, this unit has been remodeled and in move in condition. The parking is located on the 2nd floor - best location to easily go out by exit area. This unit has two offices within the office. One office does not have a window and other back office has great views shown in pictures. Buyer to conduct thorough due diligence before purchasing as unit is conveyed in present "as-is" condtiion. Monthly Maintenance Fee is at $542.90 and Parking MF is $59.81 - Total Monthly $602.71. Monthly Lease Rent is $238.30 and Monthly Parking Lease Rent is $48.14 - Total Lease Monthly $286.44 - Combined Monthly $889.15 Lease Rent renegotiates in 2031 and lease ending in November 30, 2041.

PROPERTY INFORMATION:

Zoning:
33 - BMX-3 Community Business M
Furnished:
--
Year Built:
1976
Year Remodeled:
--

FINANCIAL INFORMATION:

Assd. Val. Land:
$37,900
Assd. Val. Imprv:
$152,600
Assd. Val. Total:
$190,500
Tax Year:
2024
Monthly Taxes:
$186
Home Exempt.:
--
Land Tenure
Leasehold
Fee Options
None
Lessor:
Ornelles, Axel
Lease Rent:
286.44/2041
Next Step-Up:
--/--
2nd Step-Up:
--/--
Fee Purchase:
$0
Reneg Date:
--
Lease Exp:
--

SCHOOLS:

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

OTHER PROPERTY FEATURES:

Frontage:
Building Lobby, Main Street
View:
--
Pool:
--
Amenities:
Fire Sprinkler, Public Restroom, Security
Inclusions:
--
Security:
--
Assn. Fee Inclusions:
--
Other Fee Inclusions:
--
Lot Description:
--
Topography:
--
Number of Stories:
15-20
Building Style:
--
Property Condition:
Excellent
Construction:
Concrete Block, Reinforced Concrete
Roofing:
Other
Floor Covering:
Concrete, Other
Disclosures:
Inactive Licensed Owner
Possession:
--
Terms Accept.:
Cash
Land Recorded:
Dual Systems
Exclusions:
--
Easements:
None
Set-Backs:
--
Compensation*:
2.5
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 Sunday, April 28, 2024.  Information is deemed reliable but not guaranteed.  Copyright: 2024 by HiCentral MLS, Ltd.  Listing courtesy of Island Pacific Real Estate LLC