1218 N King St

$4,600,000
1218 N King Street, Honolulu, HI 96817
1218 N King St

1218 N King St

$4,600,000

Excellent opportunity to manage up to market rents and earn a 6.55% cap! Well maintained three-story BMX-zoned building with mixed use, retail on the bottom front floor. 2 structures connected by a warehouse with 1:1 parking (9 ones, 4 twos, 1 three, and 4 retail [2 of which combine 2 spaces]). Additional parking on the King Street side of the property is used by customers and NOT counted in 17 space total. Owner recently fixed spalling and painted, and has taken excellent care of the building. Located across from King St. Post Office and a block from Farrington HS, so easy access to downtown and freeway in all directions.

Christina Dwight
Christina Dwight Contact

Features & Amenities

Interior

Total Bedrooms 23
Total Bathrooms 20

Exterior

Stories 3
Utilities Cable, Gas, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
ROOF Custom/Specialty
Parking 17, *3 tandem, not including stalls fronting the building

Area & Lot

Status For Sale
LIVING SPACE 10,785 Sq.Ft.
TOTAL AREA 10,785 Sq.Ft.
LOT SIZE 9,507 Sq.Ft.
MLS® ID 202411833 & 202411839
Type Multi-Family , Commercial
Year Built 1970
Neighborhood Honolulu

Financial

SALES PRICE $4,600,000
Zoning BMX-3

Below market rents with opportunity to create better cash flow.

Christina Dwight

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Thank you for your interest in 1218 N King Street, Honolulu, HI 96817. We are reviewing your request and will be in touch shortly!

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Work With Christina

Christina’s mission is to provide exemplary, personalized service for multifamily investors. She is laser-focused on providing the best marketing and exposure, identifying capable buyers, and proactively addressing their concerns so that the process is as stress-fee as possible. Commercial Investment Strategies is the only firm in Hawaii exclusively engaged in apartment building buying and selling.

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