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1079-1085 S Beretania Street, Honolulu, HI, 96814
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1079-1085 S Beretania Street, Honolulu, HI 96814

$6,250,000  $250,000 Commercial for sale 12,860 sqft Neighborhood:  Makiki Area
4 min walk to Thomas Square
25 min walk to Ala Moana Beach
4 min drive to Point Panic
24 min walk to Kewalos
About lifestyles
Incredible opportunity for an owner-user to acquire a fee simple property located at 1079 -1085 South Beretania Street! The property consists of 2 buildings with approximately 12,860 square feet of warehouse, office and retail space; situated on approximately 10,926 square feet of BMX-3 zoned land in Honolulu. Currently 100% leased to Goodwill Industries of Hawaii Inc. who will vacate in December 2024, or possibly sooner. The tenant has completed several renovations and professionally maintained the interior with many improvements. The retail and warehousing components make the Property an especially unique opportunity for urban Honolulu, benefiting from ample retail exposure along Beretania Street, onsite parking, renovated office space, and functional warehouse space with three rollup doors. These features make the property a very attractive investment for an owner-user seeking to acquire a mixed-use property, in a prime location for their business.
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Details

1942 year built
  • Year Built 1942
  • Original list price $6,700,000
  • Days on market 160
  • Price per sqft $486/sqft
  • Address

    1079-1085 S Beretania Street, Honolulu, HI, 96814

  • Frontage Main Street, Side Street
  • Neighborhood Makiki Area
  • Land area 10,926 sqft / 0.251 acres
  • Total Interior Area 12,860 sqft
  • City of Oahu Honolulu
  • Region Honolulu
  • Island Oahu
  • Land tenure FS - Fee Simple
  • Parking Spaces 10

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$31,867
Taxes
$4,405
HOA dues
$0
$36,272 per month
Mortgage
Down payment
$1,250,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $31,867 / month

Neighborhood: Makiki Area

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
16.83 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Amenities & Features

10 parking places, Concrete, Other floors
Roof
Aluminum/Steel, Composition
Property Condition
Above Average
Business Type
Free Standing, Industrial,
Construction/Exterior Finish
Concrete Block, Metal Frame
Air Conditioning
Central AC
Loading
Loading Area
Floor Covering
Concrete, Other
Income Information Source
Owner
Expense Information Source
Owner
Easements
None
Documents Available
Lease Documents, P&L, Title Search
Lessee/Tenant Pays
AC Maintenance, Common Area Maintenance, Electricity, Excise Tax, Fire Ins, Glass Ins, Janitorial/Trash Removal, Liability Ins, Other, Real Estate Taxes, Water
Parking
On Site
Utilities Included
Light Electricity
Amenities
None

Makiki Area prices

Average price $405.5k
Neighborhood average sales price*
$405.5k
Neighborhood median sales price*
$396.5k
Number or sales*
6
Median sale price Puuone Terrace*
$280k
*last 6 months

Schools

15 schools with rating up to 8
School rating Distance
3
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
Elementary School
0.124mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
Middle School
0.562mi
3
out of 10
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
High School
0.254mi
School rating Distance
3
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
0.124mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.562mi
NR
Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
0.603mi
NR
Playmate Kindergarten, Day Care
1704 Keeaumoku Street, Honolulu, HI 96822
0.744mi
NR
Montessori Community School
1239 Nehoa Street, Honolulu, HI 96822
0.757mi
School rating Distance
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.562mi
NR
Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
0.603mi
6
out of 10
Robert Louis Stevenson Middle School
1202 Prospect St, Honolulu, HI 96822
0.661mi
8
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.769mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.78mi
School rating Distance
3
out of 10
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
0.254mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.26mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.78mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.78mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.781mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Price Decrease Sep 16, 2024
Date Event Price $/sqft Source
Sep 16, 2024 Price Decrease $6,250,000 -3.85% $486.00 MLS #202413748
Jul 18, 2024 Price Decrease $6,500,000 -2.99% $505.44 MLS #202413748
Jun 10, 2024 New Listing $6,700,000 +86.11% $521.00 MLS #202413748
Feb 2, 2007 Sold $3,600,000 $279.94 Public Record
Dec 8, 2006 Active Under Contract $3,600,000 $279.94 MLS #2619743
Oct 30, 2006 New Listing $3,600,000 $279.94 MLS #2619743
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Tax & MLS details 1079-1085 S Beretania Street, Honolulu, HI, 96814

33 - BMX-3 Community Business M zoning / MLS #202413748
Current Property Taxes p/month
$4,405
Property Tax Year
2023
Assessed Improvement value
$853,800
Assessed Land value
$3,261,800
TMK
1-2-4-002-022-0000
Land Recorded
Land Court
Zoning
33 - BMX-3 Community Business M
Flood Zone
Zone X
Lease expiration
2024-12-31
Total Assessed value
$4,215,600
Listed by
Standard Management LLC
(808) 208-8107
MLS #
202413748
Hawaii House tour report for this commercial
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Open floorplan
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Similar homes nearby 1079-1085 S Beretania Street in Makiki Area

Recently sold nearby 1079-1085 S Beretania Street in Makiki Area

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Frequently asked questions for 1079-1085 S Beretania Street

What is 1079-1085 S Beretania Street?

1079-1085 S Beretania Street is a Commercial/Industrial

What is the rental income?

What is the full address of this commercial?

1079-1085 S Beretania Street, Honolulu, HI, 96814.

What comparable properties are nearby?

Comparable nearby commercial properties include 846 S Hotel St unit 200, 1542 Young St, 1694 Kalakaua Ave, 1818 S King Street, 915 Kekaulike Street, 905 Kekaulike Street.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Standard Management LLC. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on October 09, 2024.
Hawaii House Last checked 2 minutes ago.

Commercial for sale $6,250,000  $250,000 1079-1085 S Beretania Street, Honolulu, HI, 96814 12,860 sqft Save House Remove from Saved