1950 Kalihi Street $2,000,000

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    1950 Kalihi Street Honolulu, HI 96819

    In Escrow Showing
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    • 2,520 sq. ft.
    • 0.27 Acres
    • Commercial
    • MLS# 202209168
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    Views: 13 Days On Site: 51

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    Property Details

    Kalihi neighborhood service station with longtime tenant (Hele/Tesoro Gas) for sale. Location is conveniently right off Likelike Highway and School Street. Tenant is currently under 1 of 4 extension options of 5-years each. Tenant also invested $300,000 into the property with new fuel tanks, pumps, pump canopy and convenience store in 2015-16. Current lease rent is guaranteed for $5892 a month till end of 2022 then increases to $6482 per month 2023-2024. Each lease extension from end of 2024 increases 10% every five years.

    • General Features
      • Bathrooms 0
      • Building Name N/A
      • Land Tenure FS - Fee Simple
      • Property Condition Excellent
      • Property Sub Type Commercial/Industrial
      • Subdivision KALIHI-UPPER
      • Year Built 1961
    • Building Features
      • Construction Materials Concrete Block, Metal Frame, Other
      • Amenities ADA Compliant,Private Restroom
      • Stories Type One
      • Flooring Concrete
      • SQFT Interior 1,144
      • SQFT Other 1,376
      • Sqft Total 2,520
    • Property Features
      • Lot Size Area 11,673
      • Parking Features On Site
      • Sewer Other
      • Utilities Large Water Meter, Light Electricity

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    Neighborhood

    96819 (Honolulu) Demographics

    40 Median Age
    2,004 Population Density (per sq. mile)
    31% College Educated
    $83,457 Estimated Median Income
    5,930 Estimated Total Home Owners
    5,789 Estimated Total Renters
    51% / 49% Estimated Owner / Renter Divide
    4 Estimated Average Household Size
    51,179 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $905,000 Median Sales Price
    13 Homes Sold
    13 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,000,000
        5/19/2022 8:58:10 AM Status Changed Source: Multiple Listing Service New Value: In Escrow Showing
        5/12/2022 1:59:00 PM New in Database Source: Multiple Listing Service New Value: $2,000,000

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        Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. listings last updated on 7/2/2022 5:00:05 AM. All information is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's personal, non-commercial use to identify prospective properties consumers may be interested in purchasing. Copyright: 2022 by HiCentral MLS, Ltd.
        Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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        Cheryl Dillon, RB-18551, James W. Wright, RB-16206, 1-808-735-7888