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9958786
9958779

85-866 Farrington Hwy, Waianae, HI 96792 For Sale

RS
HI HI 20653
Cushman & Wakefield ChaneyBrooks
Cushman & Wakefield ChaneyBrooks
Listed by Cushman & Wakefield ChaneyBrooks
$2,700,000
1262 days on market
Updated 43 days ago

Orita Building

Details
APN 1-8-5-10-6 & 7
Property Type Retail
Sub Type Bank, QSR/Fast Food (+1)
Square Footage 10,165
Net Rentable (SqFt) 10,165
Tenancy Multi
Price per SqFt $266
Year Built 1953 & 1962
Buildings 2
Stories 2
Lot Size (SqFt) 24,508
Zoning B-2, Community Business

Retail | 10,165 SF

Marketing description

Cushman and Wakefield Chaney Brooks is pleased to present the famous Orita Building for a fee-simple sale. The property includes two commercial buildings connected in the center by a walkway. This community business-zoned (B-2) parcel enjoys almost 151 linear feet of frontage along Farrington Highway providing easy access and premium visibility to all of its tenants. Currently occupied by Pearl Hawaii FCU in one building and largely vacant in the other, the Orita Building gives owner-users the opportunity to occupy or redevelop one building while collecting rent on the other or investors the option of filling the two-story building to maximize cashflow with synergistic tenants of their choice.

Investment highlights

Upside for Owner Users or Investors
The owner has decided to leave the two-story building largely vacant to maximize flexibility for the future owner. A Buyer can either occupy and enjoy the visibility and property access or lease up the vacancy and enjoy stable cashflow, or do both.

Large Frontage
The parcels boast approximately 151 lineal feet of highway frontage.

Abundant parking
The property features a large parking area fronting Farrington Highway and a secondary parking lot in the rear of the property.

Large land parcel
The 24,508 SF of land gives one an opportunity to develop.

Two curb cuts
The property features two curb cuts efficiently managing traffic circulation.

West Oahu location
Prime business zoning located along Farrington Highway in Waianae, Oahu.

Listing Contacts

RS
HI HI 20653
Cushman & Wakefield ChaneyBrooks
Cushman & Wakefield ChaneyBrooks
Listed by Cushman & Wakefield ChaneyBrooks

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Additional Information

Name
Ryan Sakaguchi
License
HI 20653
Brokerage
Cushman & Wakefield ChaneyBrooks
Brokerage Phone
8087796509
Title
Hawaii
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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