1136 Union Mall, Honolulu, HI, 96813

Commercial Sold 50,081 sqft $5,200,000

*SP $1.00 - NO LISTING PRICE. Property is being offered at a 6.2% in-place Cap Rate and a 7.7% proforma Year 2 Cap Rate. Union Plaza presents an exceptional opportunity to acquire a professional office building just off Bishop Street on Union Mall, the heart of Honolulu's Central Business District. Union Plaza's tenants include attorneys, investment companies, financial advisers, and several other professional services. The property is currently 83.1% occupied at below market rents and has experienced tremendous leasing momentum in the past 12 months.

Details

  • Original list price
    $1
  • Price per sqft
    $103/sqft
  • Year Built
    1966
  • Frontage
    Main Street
  • Land tenure
    FS - Fee Simple
  • Address
    1136 Union Mall, Honolulu, HI, 96813
  • Neighborhood
    Downtown
  • City of Hawaii
    Honolulu
  • Island
    Oahu
  • Listing provided courtesy of
    Jared E Yamamoto, Jared Yamamoto

Open Houses

No upcoming open houses

Interior Features

  • Roof
    Other
  • Property Condition
    Excellent
  • Floor Covering
    Concrete
  • Easements
    Driveway, Other
  • Documents Available
    P&L, Survey, Title Search
  • Garage & Parking
    None
  • Utilities Included
    Gas, Heavy Electricity, Large Water Meter, Light Electricity
  • Amenities
    Chill Room, Fire Sprinkler

Exterior Features

  • Construction
    Reinforced Concrete

Lot details

  • TMK
    1210100370000

Schools

School rating Distance
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
Elementary School
0.23mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
Middle School
0.23mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
High School
0.23mi
School rating Distance
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.23mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.322mi
NR
Kawaiaha'o Church School
872 Mission Lane, Honolulu, HI 96813
0.491mi
8
out of 10
Royal Elementary School
1519 Queen Emma St, Honolulu, HI 96813
0.633mi
NR
Soto Academy
1708 Nuuanu Avenue, Honolulu, HI 96817
0.646mi
School rating Distance
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.23mi
2
out of 10
Central Middle School
1302 Queen Emma St, Honolulu, HI 96813
0.253mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.322mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.322mi
8
out of 10
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St, Honolulu, HI 96813
0.682mi
School rating Distance
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.23mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.322mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.322mi
NR
George Washington University Online High School
1390 Miller Street, Honolulu, HI 96813
0.322mi
NR
Pacific Buddhist Academy
1710 Pali Highway, Honolulu, HI 96813
0.651mi
Data provided by Greatschools.org

Neighborhood - Downtown

  • Neighborhood average sales price*
    $542.2k
  • Neighborhood median sales price*
    $362.5k
  • Number or sales*
    62

Price history

Date Event Price $/sqft Source
Oct 13, 2017 Sold $5,200,000 103.83 Public Record
Oct 13, 2017 Price Increase $5,200,000 +999999.99% 103.83 MLS #201712836
Aug 8, 2017 Under contract $1 0 MLS #201712836
Jun 16, 2017 New Listing $1 0 MLS #201712836

Taxes

  • Current Property Taxes p/month
    $4,998
  • Assessed Improvement value
    $2,670,100
  • Assessed Land value
    $2,638,100
  • MLS #
    201712836
  • Land Recorded
    Regular System
  • Zoning
    34 - BMX-4 Central Business Mix
  • Flood Zone
    Zone X
  • Total Assessed value
    $5,308,200

Tax history

Year Taxes Source
2016 $59,976 MLS #201712836
About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.
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Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2018 by HiCentral Mls, Ltd. Listing courtesy of Jared Yamamoto.
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. Information deemed reliable, but not guaranteed.

Listing last updated: 10-13-2017
Verhouse Last checked 5 hours ago

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Commercial Sold $5.2m 1136 Union Mall, Honolulu, HI, 96813 50,081 sqft Save House Remove from Saved