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925 Maunakea Street, Honolulu, HI 96817

$390,000

  • For Sale
  • Active
  • Commercial
  • 1,140 Sq. Ft.
925 Maunakea Street, Honolulu, HI 96817 View this property at 925 Maunakea Street, Honolulu, HI 96817
925 Maunakea Street Honolulu HI 96817

Property Description

Kwong Tong Chong is one of the few places where customers can find authentic Chinese foods that you can't find anywhere else. It is a veritable diamond in the rough. Merchandise includes Chinese herbs, sauces, teas, and candies. The owner is now retiring after 45 years. Included in the sale are all existing inventory, valued at over $250K and includes: Refrigerators, Registers, Alarm System and more. Rent presently is $3,637/month plus CAM charges & G.E.T. ($1,300 to $1,500/month depending on electric usage). A new five-year lease at the same rental rate will be provided by landlord at closing with the option for another five-year lease at terms to be negotiated. Financial statements are available.

Full Property Details for 925 Maunakea Street

  • Price: $390,000
  • Taxes: (2016)
  • Status: Active
  • Type: Commercial
  • MLS ID: 201706245
  • Updated: 8/22/2017
  • Added: 242 day(s) ago

Property History

  • 925 Maunakea Street, Honolulu, HI
  • Increased to $390,000 on 4/27/17
  • Listed at $350,000 on 3/23/17

Business

  • Name: Kwong Tong Chong
  • Year Established: 1974

Interior

  • Flooring: Concrete

Additional Information

  • Amenities: ADA Accessible, Public Restroom, Security

Parking

  • Parking Features: None, Street

Location

  • Area: Metro
  • County: Oahu
  • Neighborhood: CHINATOWN
  • Building Name: Marin Tower

Community

  • Mgmt. Company: CTMS

Heating & Cooling

  • Cooling Type: Central AC

Utilities

  • Sewer: Connected
  • Utility Description: Light Electricity

Structural Information

  • Description/Design: Commercial/Industrial
  • Exterior Const.: Concrete Block
  • Roof: Other
  • Loading: None
  • Stories/Levels: 1
  • Stories Description: One
  • Square Feet: 1,140
  • Year Built: 1974

Lot Features

  • Zoning: 34 - BMX-4 Central Business Mix

Financial Considerations

  • Operating Expenses: $171,069
  • Tax Year: 2016
  • Terms: Cash

Disclosures and Reports

  • Ownership: LH - Leasehold
  • Special Conditions: None
  • Land Tenure: Leasehold
  • Flood Zone: Zone X
  • Disclosures/Reports: None
  • Property ID: 1-1-7-002-004-0000

Listed by Sun Realty, LLC

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Estimate the Cost

925 Maunakea Street will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

925 Maunakea Street, Honolulu, HI 96817 (MLS# 201706245) is a Commercial property. 925 Maunakea Street is currently listed for $390,000 and was received on March 23, 2017. Want to learn more about 925 Maunakea Street? Do you have questions about finding other Commercial real estate for sale in Chinatown? You can browse all Chinatown real estate or contact a Coldwell Banker agent to request more information.

Listed by Sun Realty, LLC