About 1150 S King Street
Popular restaurant WITH GREASE TRAP perfectly located in the lobby of Pacificana Atlas building, between Pensacola St. and Piikoi St. More than $150K renovation of the restaurant and kitchen in 2016/2017. Sale is for the improvements and remaining lease. All improvements, fixtures are sold in "as is" condition without any warranties. Sale does Not include the business name and/or good will. Lease usage is for Japanese sushi restaurant; seller will assist buyer for Landlord's permission for other usage. Current lease rent is reasonably set at $1,813.45 + GE tax, CAM (currently approx. $1,710 INCLUDING WATER, ELECTRIC, property taxes, etc. per lease). Tenant responsible for gas, phone, parking, insurances, maintenance, property tax adjustment, etc., per lease. Lease rent annual step up to $1,867.85 and then $1,923.89, ends 6/30/2028. Do not disturb employees or business during operating hours.
Features of 1150 S King Street
| MLS® # | 202515934 |
|---|---|
| Price | $70,000 |
| Bathrooms | 0.00 |
| Acres | 2.39 |
| Year Built | 1966 |
| Type | Commercial Sale |
| Sub-Type | Industrial |
| Status | Active |
Community Information
| Address | 1150 S King Street |
|---|---|
| Area | Metro |
| Subdivision | MAKIKI AREA |
| City | Honolulu |
| County | Oahu |
| State | HI |
| Zip Code | 96814 |
| Condo Name | Pacificana Atlas |
Amenities
| Utilities | Electricity Available, Natural Gas Available, Sewer Connected |
|---|---|
| Parking | Assigned, On Street, On Site |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Cooling | Central Air, OneUnit |
|---|---|
| Fireplace | No |
Exterior
| Exterior | Other |
|---|
Additional Information
| Days on Market | 101 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Lease Fee | $1,813 |
Listing Details
| Office | Ideal Properties, Inc. |
|---|---|
| Contact Info | (808) 593-9776 |