Average square foot calculated using Size range provided by listing agent.
Description
Standard Commercial LLC is pleased to present a rare opportunity to acquire the fee simple interest in the Liliha Professional Building, a multi-tenant medical office property located in the heart of urban Honolulu, Hawaii. The property totals 40, 296 square feet of gross leasable area and is currently 70% leased with a market average occupancy of 88%, providing signifiant lease-up opportunity to a buyer. It offers ample on-site parking with 194 stalls. The building recently underwent over $1 million in capital improvements, making it a turnkey opportunity for a new owner. An owner-user can secure one of the few outpatient facilities available in urban Honolulu while generating income from existing tenants. Alternatively, a value-add investor can pursue lease-up or a medical office condominium conversion, supported by strong in-place cash flow.Show Description
MLS® Number202516308
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1979
Stories7
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
Heat
A/CCentral Air
Heating Fuel
Extras
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