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1818 S King Street, Honolulu, HI, 96826
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1818 S King Street, Honolulu, HI 96826

$7,100,000 Commercial for sale 7,298 sqft Neighborhood:  Moiliili
5 min walk to McCully District Park
24 min walk to Duke Paoa Kahanamoku Beach Park
7 min drive to Ala Wai Golf Course
5 min drive to The Wall
26 min walk to Rockpiles
About lifestyles
Highly visible prime location on S. King St. with 112 ft. frontage. Unusually large lot of 19,381 SF with 44 open parking stalls. Also 1/15 undivided interest in separate adjacent driveway lot (3,602 SF) for additional egress. Improved with well-maintained concrete block 2-story building with dining on first floor and additional dining room and private meeting room on 2nd floor. Well recognized Japanese restaurant that has been there for approximately 20 years. Lease will renegotiate 6/2026 and lease rent will increase substantially. Lease will expire 6/2031.
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Details

1978 year built
  • Year Built 1978
  • Original list price $7,100,000
  • Days on market 214
  • Price per sqft $973/sqft
  • Address

    1818 S King Street, Honolulu, HI, 96826

  • Frontage Main Street
  • Neighborhood Moiliili
  • Land area 19,381 sqft / 0.445 acres
  • Total Interior Area 7,298 sqft
  • City of Oahu Honolulu
  • Region Honolulu
  • Island Oahu
  • Land tenure FS - Fee Simple
  • Number of Units 1
  • Parking Spaces 44
  • Annual Expenses 17709
  • Net Operating Income 167175

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$36,201
Taxes
$6,782
HOA dues
$0
$42,983 per month
Mortgage
Down payment
$1,420,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $36,201 / month

Neighborhood: Moiliili

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
17.83 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Amenities & Features

44 parking places, Concrete floors
Roof
Pitch & Gravel
Property Condition
Above Average
Business Type
Free Standing, Mixed Use, R
Construction/Exterior Finish
Concrete Block
Air Conditioning
Central AC
Loading
None
Floor Covering
Concrete
Income Information Source
Accountant
Expense Information Source
Accountant
Easements
None
Documents Available
P&L
Lessee/Tenant Pays
Common Area Maintenance, Electricity, Excise Tax, Fire Ins, Gas, Janitorial/Trash Removal, Liability Ins, Real Estate Taxes, Water
Parking
On Site, Street, Unassigned
Utilities Included
Light Electricity
Amenities
Other, Private Restroom

Moiliili prices

Average price $565.22k
Neighborhood average sales price*
$565.22k
Neighborhood median sales price*
$483.67k
Number or sales*
458
Street median sales price*
$698k
Median sale price Waipuna*
$830k
*last 6 months

Schools

15 schools with rating up to 8
School rating Distance
4
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
Elementary School
0.247mi
8
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
Middle School
0.229mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
High School
0.339mi
School rating Distance
4
out of 10
King William Lunalilo Elementary School
810 Pumehana St, Honolulu, HI 96826
0.247mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.339mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
0.363mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.387mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.483mi
School rating Distance
8
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.229mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.339mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
0.363mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.387mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.483mi
School rating Distance
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.339mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
0.363mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.387mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.483mi
NR
Lutheran High School Of Hawaii
1404 University Avenue, Honolulu, HI 96822
0.667mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

New Listing May 23, 2024
Date Event Price $/sqft Source
May 23, 2024 New Listing $7,100,000 $972.87 MLS #202411734
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Tax & MLS details 1818 S King Street, Honolulu, HI, 96826

33 - BMX-3 Community Business M zoning / MLS #202411734
Current Property Taxes p/month
$6,782
Property Tax Year
2024
Assessed Improvement value
$652,400
Assessed Land value
$5,911,200
TMK
1-2-8-002-020-0000
Land Recorded
Land Court
Zoning
33 - BMX-3 Community Business M
Flood Zone
Zone X
Total Assessed value
$6,563,600
Listed by
Berkshire Hathaway HmSvc HI RE
(808) 792-3910
MLS #
202411734
Hawaii House tour report for this commercial
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Stunning views
Ocean views
Open floorplan
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Similar homes nearby 1818 S King Street in Moiliili

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Frequently asked questions for 1818 S King Street

What is 1818 S King Street?

1818 S King Street is a Commercial/Industrial

How many units does it have?

1818 S King Street has 1 unit.

What is the rental income?

The net income is $167,175
*check with agent

What is the full address of this commercial?

1818 S King Street, Honolulu, HI, 96826.

What comparable properties are nearby?

Comparable nearby commercial properties include 1694 Kalakaua Ave, 1079-1085 S Beretania Street, 1038 Kapahulu Ave, 1542 Young St, 915 Kekaulike Street, 905 Kekaulike Street.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Berkshire Hathaway HmSvc HI RE. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on November 12, 2024.
Hawaii House Last checked 1 minute ago.

Commercial for sale $7,100,000 1818 S King Street, Honolulu, HI, 96826 7,298 sqft Save House Remove from Saved