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Listed by Standard Management LLC

$ 8,000,000

Est. payment -/mo

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Active Under Contract

1022 Bethel ST Honolulu, HI 96813

UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Downtown

MLS Listing ID 202414402

Construction Status Excellent

HOA Y/N No

Year Built 1940

Annual Tax Amount $118,488

Property Sub-Type Industrial

Property Description

Rare opportunity for an owner-user or investor to acquire the fee simple interest in the landmark office property located at 1022 Bethel Street. This property, serviced by an elevator, has been meticulously maintained with “Class A” finishes by its current tenant, Island Insurance. The tenant will be vacating at the end of 2024, making the property available for almost immediate occupancy. The property features approximately 49,574 square feet of building area, including first-floor retail spaces with high visibility fronting South King and Bethel Streets. Parking is available for purchase or lease separately directly across Bethel Street in the former Walmart parking garage. Situated in the heart of Honolulu's downtown renaissance, it is adjacent to several significant redevelopments, including residential condominiums and retail spaces. This is an exceptional opportunity for a business to establish a strong presence and legacy in downtown Honolulu, benefiting from the ongoing revitalization and growth of the area.

Location

State HI

County Oahu

Community Business Center, Other

Area Metro

Interior

Interior Features Handicap Access

Cooling Central Air

Flooring Concrete

Fireplace No

Exterior

Parking Features On Street

Community Features Business Center, Other

Utilities Available Electricity Available, Sewer Connected

Amenities Available Media Room

Present Use Mixed Use

Building

Story 5

Entry Level Three Or More

Sewer Connected

Level or Stories Three Or More

Construction Status Excellent

Schools

Elementary Schools Lincoln

Middle Schools Stevenson

High Schools Roosevelt

Others

Tax ID 1-2-1-002-040-0000

Special Listing Condition None

Virtual Tour https://youtu.be/Zy0cFlRjqQQ

Felicia Felix

Agent | License ID: RS-87126

+1(808) 699-7774