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611 Cooke St 2,900 SF Retail Building Honolulu, HI 96813 $4,186,364 CAD ($1,443.57 CAD/SF) 4.20% Cap Rate
EXECUTIVE SUMMARY
This is an excellent opportunity for an owner/user or investor to purchase a free-standing retail / industrial building in sizzling hot Kaka'ako. The building is located on Cooke Street which has existing sidewalks and drainage, is not in a flood zone, and qualifies for Ordinance 16-21 (lowers RPT by 50% for certain industrial uses). The building is currently occupied, please do not disturb the tenant. Showings by appointment only.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,900 SF
Building Class
C
Year Built
1961
Price
$4,186,364 CAD
Price Per SF
$1,443.57 CAD
Cap Rate
4.20%
NOI
$175,886 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.61
Lot Size
0.11 AC
Zoning
HCDA - Located in Central Kaka'ako which is mixed/use (similar to BMX-3) so almost every commercial and light industrial use is permitted.
Parking
4 Spaces (1.38 Spaces per 1,000 SF Leased)
Frontage
51’ on Cooke St
AMENITIES
- Fenced Lot
- Signage
- Air Conditioning
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (78)
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1-2-1-050-059-0000 | Improvements Assessment | $100,118 CAD |
| Land Assessment | $2,397,187 CAD | Total Assessment | $2,497,305 CAD |
PROPERTY TAXES
Parcel Number
1-2-1-050-059-0000
Land Assessment
$2,397,187 CAD
Improvements Assessment
$100,118 CAD
Total Assessment
$2,497,305 CAD
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611 Cooke St
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