Leased-fee interest of TMK 1-2-8-2: parcel 14 being sold. Owners of neighboring parcels (TMK 1-2-8-2-:parcels 3 & 4) own the leasehold interest of parcel 14 and have a right of first refusal to purchase the fee interest of parcel 14. Ground lease expires Dec 31, 2039. Ground rent currently $700/month through Dec 31, 2024; increases to $800/month thereafter. See MLS 201807260 for the sale of fee simple interest of TMK 1-2-8-2-:parcels 3 & 4 (1936 S. King St.) and leasehold interest of TMK: 1-2-8-2:14 (1939 Young St.). Leasehold improvements are approximately 8,159 SF vacant, former 2nd floor concrete warehouse above parking lot. Need to sign Confidentiality Agreement before release of more into.
Full Property Details
Full Property Detailsfor 1939 Young Street
Taxes: $2,920 (2018)
Status: In Escrow Showing
MLS ID: 201807262
Added: 102 day(s) ago
Business Type: See Remarks
Amenities: Mezzanine Office, Private Restroom
Parking Features: On Site
Building Name: None
Heating & Cooling
Cooling Type: None
Utility Description: Heavy Electricity, Small Water Meter
Exterior Const.: Concrete Block, High Cube, Reinforced Concrete
1939 Young Street, Honolulu, HI 96826 (MLS# 201807262) is a
1939 Young Street is currently listed for $2,000,000 and was received on March 14, 2018.
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