2020 S King Street

$ 5,000,000.00

INVESTMENT HIGHLIGHTS

BILL 7 ALLOWS FOR HIGHER DENSITY REDEVELOPMENT OF PROPERTY – The large, 13,000-SF, level lot is prime for redevelopment with minimal new construction in the area.
OWNER-USER OPPORTUNITY – The property is currently leased on a month-to-month basis allowing for an easy transition for an owner-user.
WELL-LOCATED ASSET ON MAJOR THOROUGHFARE – The asset is conveniently located in urban Honolulu along the highly traveled South King Street with over 20,658 vehicles passing by daily.
CENTRAL LOCATION – Close Proximity to Waikiki and the University of Hawaii
PARKING – The site is currently stripped with 15 parking stalls and can be reconfigured to accommodate additional stalls. Street parking is also available.
HIGH BARRIERS TO ENTRY – There is a lack of available land within the surrounding area of densely populated urban Honolulu.

Basic Facts

Status: Type: Purchase Type: Fee Simple Area: 5102 sq ft
Lot size: 13062 sq ft Year built: 1962; 1972 Effective Zoning: BMX-3

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Additional Resources

  • Fact Sheet
    • Senior Real Estate Advisor

    Mr. Fasi is a Senior Real Estate Advisor with Cushman & Wakefield ChaneyBrooks specializing in real estate investments and multifamily sales. He advises his clients (local, national, foreign-owned corporations and private investment trusts) on the acquisition and disposition of real property throughout Hawai‘i involving Hotel, Land, Multi-family, Retail, and Office. Utilizing his network of property owners, attorneys, and outside brokers, he finds off-market opportunities for his clients - matching qualified buyers with motivated sellers, resulting in quick and efficient sales transactions. Mr. Fasi’s also specializes in retail brokerage representing both Landlords and Tenants. He consults with his clients on all aspects of the leasing process including site selection, tenant-mix analysis, lease valuations, lease negotiations, lease renewals and assignment of leases. A true believer in the team approach, Mr. Fasi partners with other agents in his office on most leasing and sales assignments to better service his clients’ needs.

    • Licensed Real Estate Salesperson, State of Hawaii: RB-17369
    • (808) 544-1600
    • sfasi@chaneybrooks.com
    This listing is located in Honolulu, and is currently offered by Cushman & Wakefield ChaneyBrooks.