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Listed by Ideal Properties, Inc.
$ 70,000
Est. payment | /mo
$ 70,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Makiki Area
MLS Listing ID 202515934
Construction Status Excellent
HOA Y/N No
Year Built 1966
Property Sub-Type Industrial
Property Description
Popular restaurant WITH GREASE TRAP perfectly located in the lobby of Pacificana Atlas building, between Pensacola St. and Piikoi St. More than $150K renovation of the restaurant and kitchen in 2016/2017. Sale is for the improvements and remaining lease. All improvements, fixtures are sold in "as is" condition without any warranties. Sale does Not include the business name and/or good will. Lease usage is for Japanese sushi restaurant; seller will assist buyer for Landlord's permission for other usage.
Current lease rent is reasonably set at $1,813.45 + GE tax, CAM (currently approx. $1,710 INCLUDING WATER, ELECTRIC, property taxes, etc. per lease). Tenant responsible for gas, phone, parking, insurances, maintenance, property tax adjustment, etc., per lease. Lease rent annual step up to $1,867.85 and then $1,923.89, ends 6/30/2028. Do not disturb employees or business during operating hours.
Current lease rent is reasonably set at $1,813.45 + GE tax, CAM (currently approx. $1,710 INCLUDING WATER, ELECTRIC, property taxes, etc. per lease). Tenant responsible for gas, phone, parking, insurances, maintenance, property tax adjustment, etc., per lease. Lease rent annual step up to $1,867.85 and then $1,923.89, ends 6/30/2028. Do not disturb employees or business during operating hours.
Location
State HI
County Oahu
Area Metro
Building/Complex Name Pacificana Atlas
Interior
Cooling Central Air, 1 Unit
Flooring Concrete, Other
Fireplace No
Exterior
Parking Features Assigned, On Site, On Street
Utilities Available Electricity Available, Natural Gas Available, Sewer Connected
Building
Sewer Connected
Construction Status Excellent
Others
Tax ID 1-2-4-003-003-0002
Special Listing Condition None
