1175 Hopaka Street, Honolulu, HI 96814

$11,888,000
List Price
$11,888,000
Days on Market
149
MLS#
202408954
Status
ACTIVE
Type
Commercial
Building
Pensacola Plaza
Sq Ft Total
7621
Land Area
8,000
Land Tenure
FS - Fee Simple
Neighborhood
Kakaako

Property Description

Investment Highlights 1. Prime Location: Located in the vibrant and upscale neighborhood of Kaka'ako, Hawaii, known for its high foot traffic and affluent demographics. 2. Diverse Mix: The strip center boasts diversity, providing stability and mitigating risk. 3. Strong Rental Income: Enjoy consistent rental income streams from multiple tenants, contributing to a solid return on investment. 4. Growth Potential: Positioned in a rapidly developing area, the strip center offers potential for future appreciation and increased rental rates. 5. High Visibility: Benefit from excellent visibility and exposure, attracting both local residents and tourists to the center. 6. Favorable Market Dynamics: Hawaii's robust tourism industry and growing population contribute to the sustained demand for retail space in the area. 7. Well-Maintained Property: The strip center is well-maintained, minimizing maintenance costs and ensuring a positive experience. 8. Proximity to Amenities: Close proximity to Ala Moana SC, dining, entertainment, residential developments, and major transportation hubs enhances the attractiveness of the location for tenants and customers alike.

Additional Information

Island
Oahu
Utilities
Gas, Heavy Electricity, Large Water Meter
Easements
None
Lot Size
8,000
Construction Materials
Concrete Block, High Cube, Loft Space, Remodeled
Mls Area Major
Metro
Neighborhood
Kakaako
Year Built
1948
Tax Amount
$3,696
Building Name
Pensacola Plaza
Sewer
Connected
Roof
Composition
Parking Features
Street
Amenities
Fire Sprinkler, Office, Private Restroom, Public Restroom
Assessed Total
3577200
Assessed Improvement
977200
Assessed Land
2600000
Zoning
Kak Kakaako Community Development Project

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Hawaii Real Estate Properties.

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