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MLS: 202415898 (Active - For Sale)
 
Asking Price: $3,750,000 FS - Fee Simple
Type: Commercial
District: Metro
Address: 2325 Lime Street, Honolulu, HI
Neighborhood: Moiliili
Beds: 0   Land Area: 10,115 SF
Parking: Assigned
Days on Market: 39
Year Built: 1944
Zoning: 12 - A-2 Medium Density Apartme
Land Recorded: Dual Systems
Property Taxes: $830
Assessed Value: $2,846,700
Assessed Ratio: 131.73%
Listing Courtesy: Compass
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PRIME CORNER LOT PERFECT FOR BILL 7 CONSIDERATION! This large 10,000 sf corner lot has convenient access to public transportation, the freeway, University of Hawaii and local schools. The apartment building has eight 2-bedroom/1-bath units with mostly long-term tenants who have benefited from under-market rents. The majority of tenants are on a month-to-month rental. Here’s an opportunity to upgrade units to maximize income. Or rebuild, taking advantage of the City & County’s Bill 7 and Bill 3. Buyers to do their own due diligence regarding these programs and the significant concessions available to builders. Priced at commercial appraisal dated July 10, 2024. Do not disturb tenants or walk on the property without a prior appointment.


 
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Copyright: 2015 by the HiCentral MLS, Ltd.
 
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