1350 Mookaula St
Retail | 8,800 SqFt
Marketing description
The property is situated in the kalihi Submarket, conveniently located near the Daniel k. Inouye international airport and Airport industrial park. With its close proximity To nimitz highway and the h-1 freeway, it offers Easy access to urban honolulu, just 2 miles From downtown. Discover an exceptional opportunity in the Vibrant heart of kalihi, hawaii, where potential Meets prime location. This property boasts 27,520 square feet of bmx-3 zoned land, Complemented by approximately 8,800 square Feet of rentable building area. Currently fully Leased with tenants on short-term occupancy, This asset presents a unique chance for an Owner-user to seamlessly transition into Ownership in just a few years.
The property is ideally positioned for redevelopment, aligning with the TOD plan aimed at fostering innovative and impactful projects along the rail corridor. Whether you're looking to establish your business or invest in a promising redevelopment opportunity, this property stands out as a strategic choice in a thriving community. Don’t miss the chance to make your mark in Kalihi!
Investment highlights
- Vibrant market with strong mix of commercial and residential
- Flexible zoning for a wide variety of uses
- Three driveway access points
- Owner-user or redevelopment opportunity
- Area kalihi
- Tmk number 1-1-5-3-15
- Asking price $6,500,000
- Tenure fee simple
- Zoning bmx-3
- Land area 27,520 sf
- Building area 8,800 sf
- Prime Location: Located in the heart of Kalihi, this property offers excellent visibility and accessibility, making it a desirable spot for both businesses and redevelopment projects.
- Short-Term Tenancy: Fully leased with tenants on short-term occupancy agreements, this structure allows for a smooth transition into owner occupancy or redevelopment in the near future.
- Transit-Oriented Development Zone: Situated within a half mile of the TOD zone, the property is positioned for creative redevelopment opportunities, capitalizing on the growth potential along the rail corridor.
- Strong Community Growth: Kalihi is experiencing ongoing development and revitalization, providing a backdrop of increasing property values and demand for commercial spaces.
- Versatile Zoning: The BMX-3 zoning allows for a wide range of uses, offering flexibility for various business models and redevelopment initiatives.
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