1649 Democrat St - Apartments FOR SALE


Honolulu, HI 96817- Kalihi-Palama
$1,500,000 USD
808-398-4690
1649 Democrat St, Honolulu, HI for Sale
$1,500,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

1649 Democrat St
Honolulu, HI 96817
Kalihi-Palama


HIGHLIGHTS

  • Corner lot with strong visibility and accessibility
  • High-demand urban industrial submarket
  • Significant potential for renovation or redevelopment
  • Minutes to airport, harbor, and downtown Honolulu
  • Multi-structure layout
  • Prime industrial-zoned property in central Kalihi

OVERVIEW

Industrial-zoned income producing corner-lot property in Kalihi with strong redevelopment or owner-user potential. Property consists of two structures totaling approximately 3,824 sq ft on a 4,514 sq ft lot. Zoned I-2, allowing for a wide range of commercial and industrial uses. Convenient location with easy access to Nimitz Hwy, H-1 Freeway, Airport Sand Island, and Honolulu Harbor. Ideal for investors, contractors, or businesses. Strong upside potential for investors and developers. All units currently occupied, however notice given to tenants to vacate.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$229 USD /SF

# OF UNITS

8

PRICE/UNIT

$187,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1944

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,530 SF

ZONING

I-2

APN/PARCEL ID

1-1-2-004-056-0000

ASK ABOUT THIS PROPERTY

Justin BaptistaSC Realty LLCMore Info
808-398-4690

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Justin BaptistaSC Realty LLCMore Info
808-398-4690

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.