Imperial Business Plaza
Office | 14,718 SqFt
Marketing description
Introducing an extraordinary opportunity purchase a fee-simple, free-standing building in the heart of Honolulu! Located at 1542 Young St. Honolulu, HI 96826, the Imperial Business Plaza is a three-story building offering 14,718 SF of versatile space with ground level parking and 2 floors currently utilized for office use. Ideal for an owner-user or potential multi-family redevelopment under Bill 7. Boasting a sturdy construction and 27 parking stalls, the property stands out for its prime location just off the major thoroughfare of Kalakaua Ave. with easy access to H-1 Freeway.
With a price of $4,700,000, this property presents an exceptional investment opportunity in the heart of Honolulu. Zoned BMX-3 and situated in McCully, this masonry building is within 5 mins of downtown Honolulu, Waikiki, and the University of Hawaii. Don't miss the chance to acquire this remarkable value-add property. Contact us at NAI CBI Hawaii for more information and to seize this unique offering before it's gone.
Investment highlights
• Exceptional owner-user opportunity.
• 27 parking stalls on the ground floor of the building.
• BMX-3 zoning allows a broad range of uses from commercial activities to mixed-use residential.
• Located in an area with strong pedestrian and vehicle traffic, this property has excellent exposure and accessibility.
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