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3007 Lincoln Avenue

$ 1,450,000.00

The property located at 3007 Lincoln Avenue consists of an 882-square foot, 1-story wood framed office and an attached 520-square foot, 2-story wood framed office with a carport. The buildings are situated on 3,500 square feet of land that is zoned Community Business (B-2) District. Both units have their own entrance, are separately metered electricity and equipped with split air conditioning units. The site can accommodate 6 to 7 cars on-site. The property is secured by a low CMU wall topped with a wooden fence and an electric sliding gate. The 1-story unit was formerly occupied by the popular full-service costume rental and retail store, The Costume Closet Hawaii.

INVESTMENT HIGHLIGHTS
EXCELLENT OWNER-USER OPPORTUNITY
This offering presents an excellent opportunity for a buyer to occupy one of the units while offsetting ownership costs with rental revenue from the tenant occupying the other unit.
FLEXIBLE USES UNDER B-2 ZONING
The property’s B-2 zoning allows for a variety of permitted uses, including office, retail and eating establishments.
SEPARATELY METERED
The two units are separately metered for electricity allowing for ease of leasing to different tenants.
WELL-LOCATED ASSET WITH VISIBILITY FROM HIGHLY TRAVELED ROAD
The site is conveniently located just off the major thoroughfare with visibility from Kapahulu Avenue.
BUSTLING SUBMARKET
Within walking distance of world-class dining, recreational activities, shopping and nightlife. The Kapahulu neighborhood is home to some of Honolulu’s most unique specialty and vintage shops but is best known for diverse restaurants and food shops.
HIGH BARRIERS TO ENTRY
There is a lack of available land and new developments within the densely populated Kapahulu Corridor.

Basic Facts

Status: Type: Purchase Type: Fee Simple Area: 2136 sq ft
Lot size: 3500 sq ft Year built: 1942, 2001 Zoning: B-2

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Additional Resources

  • Fact Sheet
    • External Link: Property Website

    Anthony Provenzano

    • Senior Vice President

    Anthony Provenzano is a Senior Vice President with Cushman & Wakefield ChaneyBrooks, the oldest commercial real estate firm in Hawaii. Anthony is a top producer in the commercial real estate broker-age community and has earned several accolades for his success. Since Anthony joined Cushman & Wakefield ChaneyBrooks, he has con-sistently been the recipient of the Company’s #1 Broker of the Year award. With over 15 years of experience, he specializes in acquisitions and dispositions of commercial properties throughout the State of Hawaii. His in-depth knowledge of the Hawaii market has lead his clients to successfully complete transactions with a high level of cer-tainty and confidence. Anthony has been successful in formulating strong relationships with owners, investors, developers and buyers of commercial real estate. His distinct expertise combined with his ability to clearly articulate market demands has lead him to represent a wide range of clients on an institutional, national and local level. Born and raised on Oahu, Anthony studied Finance with a focus on Real Estate at the University of Hawaii at Manoa Shidler College of Business. During his studies, Mr. Provenzano served on the Financial Management Association Board and continues his involvement as a mentor. Anthony holds a Hawaii Real Estate Broker’s license, as well as the Certified Commercial Investment Member (CCIM) designation where he previously served as Board President. He also recently was awarded his Society of Indus-trial And Office Realtors (SIOR) designation, a professional symbol of the highest level of knowledge, production and ethics in the real estate industry.

    • Licensed Real Estate Broker - State of Hawaii: RB-22101
    • Certified Commercial Investment Member (CCIM): Board Member, Past President (2017)
    • Society of Industrial and Office Realtors (SIOR): Member
    This listing is located in Honolulu, and is currently offered by Cushman & Wakefield ChaneyBrooks.