4504 KUKUI ST, KAPAA, HI 96746

$4,238,000
2
BD
2
BA
List Price
$4,238,000
Days on Market
77
MLS#
626614
Status
ACTIVE
Type
Commercial
Bedrooms
2
Bathrooms
2
Land Tenure
Leasehold
Neighborhood
Kapaa Town Lots

Property Description

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.

Additional Information

Solid Waste Disposal Trash
County-Charge
Roads
County, Paved
Taxes Annual
$22690
Appliances
Other (remarks)
Lot Number
8-A
Zoning
C-G
Lot Size
35,574
Water
County
Power
Overhead
Year Built
1989
Sewer
Sewer-Connected
Assessed Value
2801300
District
Kawaihau

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Elite Pacific Properties LLC.

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