Joyce Wright Funk
joywright@elitepacific.com
(808) 639-2767
Elite Pacific Properties LLC

4504 Kukui St 96746
$4,238,000
Price:
$4,238,000
Bedrooms:
2
Bathrooms:
2
MLS:
(ACTIVE) 626614
Interior Area:
Not Available
Price/sqft:
$inf
Year Built:
1986
Lot Size:
0.82 acre(s)
Land Tenure:
Leasehold
Property Type:
Commercial Property
On Market:
Mar 23, 2019
Updated:
Mar 26, 2019
Foreclosure:

Listing Remarks

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.

Property Location

Public Reports

Other Details

Address: 4504 Kukui St , Kapaa Town Lots 96746
Lat/Long: 22.076627 | -159.31871816
Taxkey: 4450100010000
Lot Number: 8-A
Property Type: Commercial Property
Bedrooms: 2
Full Baths: 2
Land Area:
Oceanfront Parcel: N
Pool: N
Annual Tax: $22,690
Assessed Value: $2,801,300
Assessment Year: 2018
Zoning: C-G
Annual Tax (Year): 2015
Garage Area: 0 sqft
Appliances:
  • Other
Roads:
  • County
  • Paved
Sewage:
  • Sewer-Connected