hawaii commercial real estate
INVESTMENT INDUSTRIAL & COMMERCIAL REAL ESTATE
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Conceptual Rendering by Kauahikaua & Chun



Subject property lies a block from North King Street, across the street from Kalihi Stream. No homes or other buildings between property and Kalihi Stream Boundary making for exceptional open space in this otherwise densely populated neighborhood.

View ground floor site plan.

View existing dwelling.

View street/stream channel.

View from across the street.

Open print version of this factsheet

LOCATION: 1022 Richard Lane, Honolulu, Hawaii 96819

TMK: (1) 1-3-002: lot 018; located in flood zones AE, XS, & X. Consult with your architect/engineer.

LAND AREA: Approximately 41,610 sf land zoned R-3.5 residential comprised of 38,533 sf main parcel and 3,077 sf road-widening parcel. The property’s R-3.5 zoning provides an exceptional opportunity for developing much needed housing in this area.

City approved Conditional Use Permit (minor) for a new meeting facility (church) is in place. Please contact the City Dept. of Planning and Permitting with your zoning consultant/architect to look into this. Extensive preliminary work, plans, and funding have been invested in this strategically located property in order that a community meeting facility (church) could be developed. This is a unique opportunity for an organization with similar vision and positioning needs to serve the mult-cultural community comprising the Kalihi neighborhood.

IMPROVEMENTS: Existing 2-story house of approximately 1952 + sf building (based on public records information) with masonry first floor is currently occupied and located at the diamond head/makai corner of the property. Extensive sidewalks, curbs and road wideing improvements already installed in conjunction with City road widening setback for this lot..

2009 TAX ASSESSMENT:

Land:
$2,139,400
Building:
$57,300
Total:
$2,196,700

PRICE: $1,900,000 cash

COMMENTS: An unprecedented opportunitgy to realize a community center--- or create a community of brand new homes! Contact Listor. Please do not disturb tenant. Property to be sold in existing as-is condition.

FOR ADDITIONAL INFORMATION CONTACT I2C REALTY, LTD: EXCLUSIVE LISTING AGENT

Ronald Y.K. Lee (B) Richard S.K. Young (S)
386-0953 261-1888 / 927-3860
aloharon@hawaii.rr.com rskyoung@hawaii.rr.com


The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. I2C Realty, Ltd. represents the seller only.
 
   
copyright I2C Realty, Ltd 2009