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509 Kawainui St 3,200 SF 100% Leased Retail Building Kailua, HI 96734 $2,722,044 CAD ($850.64 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • 98% occupied
  • Desirable demopraphics
  • B-2 zoning
  • High-visibility signage
  • Outdoor lifestyle appeal

EXECUTIVE SUMMARY

Tenure: Fee Simple
Rare opportunity to own fee simple property in the thriving and supply-constrained Kailua town. Ideal fit for visionary owner-users looking for predictable space expense and the flexibility of either revenue from the remaining leased units or on-site housing. By executing strategic renovations, new ownership is poised to benefit from Kailua’s rising retail and residential rental market.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,200 SF
Building Class
C
Year Built
1958
Price
$2,722,044 CAD
Price Per SF
$850.64 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
0.57
Lot Size
0.13 AC
Zoning
B-2
Parking
3 Spaces (0.94 Spaces per 1,000 SF Leased)
Frontage
192’ on Kawainui St

AMENITIES

  • Bus Line
  • Signage
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Anytime Fitness
The Coffee Bean and Tea Leaf
Central Pacific Bank
L & L Hawaiian Barbecue
Zippy's
Hawaii National Bank
First Hawaiian Bank
Starbucks
Whole Foods
Fit Body Boot Camp

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-4-3-059-050-0000
Land Assessment
$2,049,211 CAD
Improvements Assessment
$340,604 CAD
Total Assessment
$2,389,815 CAD
  • Listing ID: 29603525

  • Date on Market: 2023-09-22

  • Last Updated:

  • Address: 509 Kawainui St, Kailua, HI 96734

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