1323 Gulick Ave Honolulu, HI 96819
Property profile & analytics
1323 Gulick Ave Honolulu, HI 96819
- Commercial real estate
- 800 SF
Property ID
US24-0072412
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Matsumoto's Okazuya & Restaurant / Restaurant
- YH7 Store Liquor & Grocery / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
- Y-7 Store Liquor & Grocery / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
Property Details for 1323 Gulick Ave
- Year built
- 1942
- Property size
- 800 SF
- Property type
- Commercial real estate
- APN
- 1-1-3-007-024-0000
Description
This turnkey restaurant opportunity in Honolulu, Hawaii, presents a unique chance to acquire a well-established business. Located at 1323 Gulick Ave, Honolulu, HI 96819, this 800 square foot restaurant is situated in a high-density residential area with excellent street frontage and high foot traffic. The property, built in 1942, operates under a Net Net Net (NNN) lease with approximately 1.1 years remaining until December 31, 2025. The asking price is $75,000, translating to $93.75 per square foot. The current base rent is $1,500 per month, with common area maintenance (CAM) charges of $1,076 per month and a General Excise Tax (GET) of $111.97 per month. A rent increase to $1,600 per month is scheduled from January 1, 2024, to December 31, 2024. The sale includes the business, fixtures, furniture, and equipment (FF&E), recipes, and the assumption of the existing lease. The sale does not include the real property itself. The property is zoned R-3.5 Residential District and has a single unit within a single-story building. The APN is 1-1-3-007-024-0000. This is a fantastic opportunity for an entrepreneur to step into a ready-made, successful restaurant with a loyal customer base.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Honolulu
- County
- Honolulu
- State
- Hawaii
- Longitude
- -157.874462
- Latitude
- 21.3362367
