212 Merchant St Honolulu, HI 96813
This thriving restaurant, situated in Honolulu's financial district within the Arcade Building, presents a fantastic investment opportunity. The 989-square-foot space boasts a fully equipped kitchen, including two large reach-in refrigerators, a large freezer, deli fridge, fryer, grill, flat top, six-burner range top oven, three food warmers, and a beverage fridge. Additional features include a well-designed juice bar, a convenient window counter for ordering, ample storage, a hood/exhaust system, a 30-gallon grease trap, and a brand-new hot water tank. The property also benefits from its own central AC unit. A new four-year lease is in place at a rate of $5 per square foot. The asking price is $149,000, translating to $150.66 per square foot. This is a single-tenancy property located at 212 Merchant St, Honolulu, HI 96813.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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