4504 KUKUI ST $4,238,000

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    4504 KUKUI ST KAPAA, HI 96746

    • 0.82 Acres
    • Commercial
    MLS# 626614 | Active

    $4,238,000

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    Days On Market: 146 0 Views
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    Property Details

    A RARE EXAMPLE OF FINE CRAFTSMANSHIP IN A COMMERCIAL FACILITY. OFFERING Pricing $4,238,000- Cap Rate 8% * With the new tax bill there are major benefits for the landlord * POSITIVE CASH FLOW, with potential to generate significant upside opportunities. With mix use zoning excellent opportunity for redevelopment * Outstanding Tenant roster with a solid tenancy history. * High end retail ground floor tenant mix includes: Aloha Images (art gallery), etc. * Professional Offices  * Excellent location, in the center of Historic Downtown Kapa'a Kauai, one block from the BEACH. The Property is highly visible and easily accessible from anywhere on the island.  * Central courtyard, Indian slate floor with a glass roof & Japanese tile tower creating exotic ambiance for retail. * 2 deluxe restrooms on each floor. * Cement board siding for longevity. * 20 rentable spaces and a large courtyard for future development. * 30 space concrete private parking lot in rear and 12 diagonal parking slots in front. * Approximately 14,478 rentable square feet.

    • General Features
      • Land Tenure Leasehold
      • Subdivision Kapaa Town Lots
      • Location 4504 KUKUI ST
      • Year Built 1989
      • Oceanfront Parcel N
      • Zoning C-G
      • Taxes Annual $22,690
    • Building Features
      • Appliances Other (remarks)
      • Full Bathrooms 2
      • Three-Qtr Bathrooms 0
      • Half Bathrooms 0
      • One-Qtr Bathrooms 0
      • Pool N
    • Property Features
      • Land Area 35,574
      • Roads County, Paved
      • Solid Waste Disposal Trash County-Charge
      • Power Overhead
      • Wastewater Sewer-Connected

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    Neighborhood

    96746 (KAPAA) Demographics

    44Median Age
    380Population Density (per sq. mile)
    43%College Educated
    $67,649 Estimated Median Income
    4,169Estimated Total Home Owners
    2,504Estimated Total Renters
    62% / 38%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    19,478Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $460,000 Median Sales Price
    15 Homes Sold
    30 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $4,238,000
        3/23/2019 6:48:00 AM New in Database Source

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        Based on information from MLS Hawaii, Inc. d/b/a Hawaii Information Service, listings last updated on 8/17/2019 3:50:22 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 use.

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