Kauai Dreams Realty

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4504 KUKUI ST | Kapaa Town Lots

for sale in Kapaa, Kauai, 96746 | MLS: 626614 | Active

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$4,238,000(lh)
Property Highlights
Payments: $20,327/mo (terms) Bedrooms: 2 Baths: 2 Land: 0.82 ac. ($119/sf) Year Built: 1986 Days in MLS: 171 Page Views: 95 Save Favorite Request More Info
Property Details
Year Built: 1986 Road Type: County, Paved Water: County Appliances: Other (remarks) District: Kawaihau Subdivision: Kapaa Town Lots Zoning Code: C-G Taxkey (TMK): 4450100010000 Acceptable Terms: 1031 Exchange, Cash, Conventional Land Tenure: Leasehold Annual Property Taxes: $22,690

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.

Listing Brokerage: Elite Pacific Properties LLC
It is illegal to discriminate against any person because of race, color, religion, sex, handicap, familial status, or national origin. ©2014 MLS Hawaii, Inc. All rights reserved. Listing information above provided by Hawaii Information Service, a Multiple Listing Service. This information is deemed reliable but is not guaranteed. Information was last updated: 2019-08-21 12:56:02

MLS#629915 — Lihue Real Estate

$5,500,000

Lihue, Hawaii

TERRAIN: Fairly Level
LAND: 1.53 acres
DAYS LISTED: 23 | MLS#: 629915
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