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425 N King St, Honolulu, HI, 96817
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425 N King St, Honolulu, HI 96817

$10,000,000 Commercial for sale 30,448 sqft Neighborhood:  Dillingham
8 min walk to Aala Park
4 min drive to Point Panic
3 min drive to Flies
About lifestyles
Large BMX-3 zoned property offers great development potential near downtown Honolulu. First Hawaiian Bank Is adjacent to subject lot and has been sold to the City. Buyer to do their own due diligence. The value is in the land and potential development opportunities. Possible affordable housing rental or condominium project may be suitable for this lot.
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Details

1921 year built
  • Year Built 1921
  • Original list price $10,000,000
  • Days on market 334
  • Price per sqft $328/sqft
  • Address

    425 N King St, Honolulu, HI, 96817

  • Frontage Main Street
  • Neighborhood Dillingham
  • Land area 32,526 sqft / 0.747 acres
  • Total Interior Area 30,448 sqft
  • City of Oahu Honolulu
  • Region Honolulu
  • Island Oahu
  • Land tenure FS - Fee Simple
  • Number of Units 66
  • Parking Spaces 38
  • Annual Expenses 425815
  • Net Operating Income 218279

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$50,988
Taxes
$7,354
HOA dues
$0
$58,342 per month
Mortgage
Down payment
$2,000,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $50,988 / month

Neighborhood: Dillingham

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
17.17 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Amenities & Features

38 parking places, Other floors
Roof
Aluminum/Steel, Pitch & Gravel, Shingle
Property Condition
Average, Fair, Needs Major Repair
Business Type
Mixed Use
Construction/Exterior Finish
Other, Wood Frame
Air Conditioning
Individual
Loading
None
Floor Covering
Other
Income Information Source
Owner
Expense Information Source
Owner
Easements
None
Documents Available
Building Plans, Lease Documents, P&L, Tax Return
Lessee/Tenant Pays
Electricity
Parking
Assigned, On Site
Utilities Included
Gas, Light Electricity, Small Water Meter
Amenities
None

Dillingham prices

Average price $564.54k
Neighborhood average sales price*
$564.54k
Neighborhood median sales price*
$483.67k
Number or sales*
460
Street median sales price*
$600.25k
Median sale price TRADEWINDS PLAZA*
$600.25k
*last 6 months

Schools

15 schools with rating up to 6
School rating Distance
5
out of 10
Kauluwela Elementary School
1486 Aala St, Honolulu, HI 96817
Elementary School
0.377mi
6
out of 10
Central Middle School
1302 Queen Emma St, Honolulu, HI 96813
Middle School
0.611mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
High School
0.678mi
School rating Distance
5
out of 10
Kauluwela Elementary School
1486 Aala St, Honolulu, HI 96817
0.377mi
6
out of 10
Princess Victoria Kaiulani Elementary School
783 North King St, Honolulu, HI 96817
0.391mi
3
out of 10
Princess Miriam K Likelike Elementary School
1618 Palama St, Honolulu, HI 96817
0.6mi
NR
St. Theresa School
712 North School Street, Honolulu, HI 96817
0.615mi
NR
Soto Academy
1708 Nuuanu Avenue, Honolulu, HI 96817
0.633mi
School rating Distance
6
out of 10
Central Middle School
1302 Queen Emma St, Honolulu, HI 96813
0.611mi
NR
St. Theresa School
712 North School Street, Honolulu, HI 96817
0.615mi
NR
Cathedral Catholic Academy
1728 Nuuanu Avenue, Honolulu, HI 96817
0.672mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.678mi
NR
Hongwanji Mission School
1728 Pali Hwy, Honolulu, HI 96813
0.785mi
School rating Distance
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.678mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.788mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.788mi
NR
Pacific Buddhist Academy
1710 Pali Highway, Honolulu, HI 96813
0.797mi
NR
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd, Honolulu, HI 96817
0.956mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

New Listing Jan 23, 2024
Date Event Price $/sqft Source
Jan 23, 2024 New Listing $10,000,000 +8233.33% $328.43 MLS #202401329
Apr 10, 2017 Cancelled $120,000 $3.94 MLS #201702151
Feb 3, 2017 New Listing $120,000 $3.94 MLS #201702151
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Tax & MLS details 425 N King St, Honolulu, HI, 96817

33 - BMX-3 Community Business M zoning / MLS #202401329
Current Property Taxes p/month
$7,354
Property Tax Year
2023
Assessed Improvement value
$1,237,800
Assessed Land value
$5,878,900
TMK
1-1-5-007-003-0000
Land Recorded
Land Court
Zoning
33 - BMX-3 Community Business M
Flood Zone
Zone X
Total Assessed value
$7,116,700
Listed by
Century 21 iProperties Hawaii
(808) 791-1020
MLS #
202401329
Hawaii House tour report for this commercial
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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As soon as we do, we post it here.

Similar homes nearby 425 N King St in Dillingham

Recently sold nearby 425 N King St in Dillingham

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Frequently asked questions for 425 N King St

What is 425 N King St?

425 N King St is a Commercial/Industrial

How many units does it have?

425 N King St has 66 units.

What is the rental income?

The net income is $218,279
*check with agent

What is the full address of this commercial?

425 N King St, Honolulu, HI, 96817.

What comparable properties are nearby?

Comparable nearby commercial properties include 915 Kekaulike Street, 1930 Kahai Street, 1079-1085 S Beretania Street, 1175 Hopaka St, 1694 Kalakaua Ave, 1818 S King Street.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Century 21 iProperties Hawaii. 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 January 23, 2024.
Hawaii House Last checked 1 minute ago.

Commercial for sale $10,000,000 425 N King St, Honolulu, HI, 96817 30,448 sqft Save House Remove from Saved