Description
Existing NOI is $245K, with potential to raise to $700K. Asking price is just $82.51 PER SQUARE FOOT, when using $350 per sf for land value. Upgrades to the lobby and common areas have been undertaken in 2020. Entire 4th floor (7,200sf) is converted to popular new flex-offices which are being leased at premium rates. Next door office building is being converted into a 500+ apartment.
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Courtesy of: Agency Rentals Based on information from the Multiple Listing Service of the Honolulu Board of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use and cannot be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022 by the Honolulu Board of REALTORS. Updated: 18th May, 2022 6:14 PM (UTC)
