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    1150 S King St Honolulu, HI 96814

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    For Sale
    $70,000

    Restaurant space with grease trap in Honolulu for sale.

    Property Features for 1150 S King St

    General Information

    Standard status
    Active

    Building Details

    Year built
    1966

    Source: IDEAL PROPERTIES, INC. Agent MICHELLE WJ WONG

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Space in Pacificana Atlas

    Located in the lobby of the Pacificana Atlas building, between Pensacola St. and Piikoi St., this restaurant space includes a grease trap. The restaurant and kitchen underwent renovations exceeding $150,000 in 2016 and 2017. The sale includes improvements and the remaining lease, with all improvements and fixtures sold in "as is" condition without warranties. The sale excludes the business name and goodwill. The current lease, set at $1,813.45 plus GE tax and CAM (approximately $1,710, including water, electric, and property taxes per lease), has annual step-ups to $1,867.85 and then $1,923.89, ending on June 30, 2028. The lease usage is for a Japanese sushi restaurant, and the seller will assist the buyer in obtaining the landlord's permission for other usages. The tenant is responsible for gas, phone, parking, insurances, maintenance, and property tax adjustment, as per the lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shigemura & Sakamaki Accountant Katherine Murray Chiropractor Oahu Clinic Hospital Scott Wardwell, DDS Dentist Katherine M. Masaki, ... Orthodontist

    Map

    City
    Honolulu
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.8447765
    Latitude
    21.30061

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space with grease trap in Honolulu for sale.
    Where is this restaurant located?
    The property is located at 1150 S King St Honolulu, HI.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: - Prime location in the lobby of the Pacificana Atlas building, between Pensacola St. and Piikoi St.; - Existing grease trap, essential for restaurant operation.; - Significant renovation of the restaurant and kitchen completed in 2016/2017 (over $150K).
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

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    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1150 S King St Honolulu, HI 96814
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