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Listed by Hawaiiko Realty Group LLC
$ 9,280,000
Est. payment /mo
Active
818 Sheridan ST Honolulu, HI 96814
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Ala Moana
MLS Listing ID 202612730
Construction Status Excellent
HOA Y/N No
Year Built 1974
Annual Tax Amount $87,614
Property Sub-Type Industrial
Property Description
4% CAP rate ......Prime commercial property in the highly desirable Ala Moana area, located directly behind Walmart and Sam's Club. Exceptional location surrounded by high-traffic retail and a growing number of newly built luxury condominiums. Solid concrete construction—rare compared to typical wood-frame buildings in the area—provides long-term durability and value. Excellent investment opportunity with a cap rate over 4%. Strong income potential in a rapidly developing urban core. High-demand location with consistent tenant appeal due to proximity to major retail anchors and dense residential population. Concrete structure offers lower long-term maintenance vs. wood-frame properties. Buyer to perform own due diligence on income, expenses, and cap rate. Potential upside with continued area development and rental growth.
Location
State HI
County Oahu
Community Other
Area Metro
Building/Complex Name None
Interior
Cooling Central Air, Separate Meters
Flooring Concrete
Fireplace No
Exterior
Parking Features On Site
Community Features Other
Utilities Available Natural Gas Available, Sewer Connected
Present Use Mixed Use
Total Parking Spaces 20
Building
Story 2
Entry Level Two
Sewer Connected
Level or Stories Two
Construction Status Excellent
Others
Tax ID 1-2-3-013-020-0000
Special Listing Condition None
