1246 S. King Street is a perfect owner-user opportunity for a restauranteur or retailer. The building is equipped with restaurant infrastructure in-place. The site benefits from excellent street visibility along the major thoroughfare, King Street.
1012 Akala Lane is a single-story multifamily duplex consisting of one 2-bedroom/1-bathroom unit and one 3-bedroom/1-bathroom unit adjacent to 1246 S. King Street. There is tremendous upside potential by renovating the units.
Together, the parcels pose a prime redevelopment opportunity in central Honolulu. The subject sites are zoned BMX-3, Community Business Mixed Use District. Zoning allows for 150-foot height limit and a 2.5 floor area ratio.
The properties are being offered for sale together.
1246 S. King Street
Property Type: Freestanding Restaurant/Retail Building
Tax Map Key: (1)2-4-4:66
Building Size: 1,326 SF
Land Area: 2,711 SF
Parking: 4 Stalls
Height Limit: 150 Feet
Floor Area Ratio: 2.5
1012 Akala Lane
Property Type: Multifamily Single-Story Duplex-One 2-Bed/1-Bath & One 3-Bed/1-Bath
Tax Map Key : (1)2-4-4:67
Building Size: 1,728 SF
Land Area: 3,440 SF
Parking: 2 Stalls
Height Limit: 150 Feet
Floor Area Ratio: 2.5
**All showings must be arranged through the Listing Broker. Please do not disturb the tenant.**