517 Cummins St - Warehouse FOR SALE


Honolulu, HI 96814- Ala Moana-Kakaako
$15,495,000 USD
808-218-8318
517 Cummins St, Honolulu, HI for Sale
$15,495,000 USD
Warehouse - FOR SALE
1/9
null | Request Cap Rate

517 Cummins St
Honolulu, HI 96814
Ala Moana-Kakaako


HIGHLIGHTS

  • Rarely available, 30K square foot fee simple parcel
  • Multi-level manufacturing facility, 43,095 rentable square feet
  • Located in Kaka'ako, adjacent to Ward Villages
  • Inventory constrained market, 1.5% vacancy

OVERVIEW

Never before has this parcel been offered for purchase. Take advantage of a rare opportunity to own a 30K SF fee simple parcel in the Heart of Kaka'ako. Whether you are an owner/user or a developer, this property offers many options. Restore the existing manufacturing facility to its original glory. Designed as a multi-level meat/fish cutting and processing facility. Take advantage of multiple cutting/processing rooms on both the ground floor and second floor. The ground floor has a large processing room equipped for meat/fish processing with direct access to chill space. There are three large freezer rooms and one chill room with direct access to dry storage serviced by multiple roll up doors. The second floor is accessible by functional freight elevator and contains large freezer storage and large processing room for additional manufacturing and storage. Along Queen Street is approximately 10,000 square feet of additional dry storage warehouse. Or this space can be leased out for additional rental income. Possibilities are endless. The property falls within HCDA’s Kakka'ako Mauka Area Plan for potential redevelopment and is conveniently located adjacent to Howard Huges’ Whole Foods Market, Ae’o and A’ali’I high-rises. 517 Cummins Street enjoys a premier location in the heart of Kakaako, an area known for its vibrant arts scene, innovative dining, and cutting- edge urban design. This district has rapidly evolved into a hub for technology, retail, and residential growth, making it a magnet for new businesses and high-income residents.

FOR SALE DETAILS

PRICE

$15,495,000 USD

PRICE/SF

$360 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1947

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

2

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.69

LAND SF

30,000

ZONING

Kakaako Comm. Dev.

APN/PARCEL ID

1-2-3-003-008-0000

ASK ABOUT THIS PROPERTY

Jay ElickerCommercial Asset AdvisorsMore Info
808-218-8318

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Jay ElickerCommercial Asset AdvisorsMore Info
808-218-8318

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