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Commercial sold for $3,525,000 in 117 days

* 1513 Young St, Honolulu, HI, 96826

Neighborhood: Makiki Area

Off the market Commercial/Industrial

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Situated at 1513 Young Street, nestled close to Kalakaua Avenue, this conveniently located business mixed-use property of 10,000 square feet provides excellent accessibility, making it an ideal spot for local small businesses. The building's current layout consists of 5 spaces on the second floor and a single tenant on the first floor. Current occupants are an embroidery shop, hair salon, and Japanese grocery store. With private restrooms on both floors and 19 parking stalls, this well-maintained property is a great opportunity for an investor or an owner-user.
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Property details

1972 year built
Price per sqft
$728/sqft
Address
1513 Young St, Honolulu, HI, 96826
City of Hawaii
Honolulu
Island
Oahu
Year Built
1972
Frontage
Main Street
Land tenure
FS - Fee Simple
Parking Spaces
19
Net Operating Income
116943.00
Neighborhood
Makiki Area
District
Honolulu

Nearby major retailers

Costco
Foodland
Lowe's
Mercedes-Benz
Safeway
Porsche
T-Mobile
Whole Foods Market
Ferrari
Wholesale: 1
Supermarket: 7
Do it yourself: 1
Car: 4
Mobile phone: 1
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Interior Features

19 parking places, Other floors
Roof
Other
Property Condition
Above Average
Floor Covering
Other
Easements
None
Documents Available
Lease Documents
Garage & Parking
On Site, Street
Utilities Included
Light Electricity, Small Water Meter
Amenities
Private Restroom

Listed by

Brandon C Lau, ChaneyBrooks Choice Advisors
(808) 753-9033
Name
Brandon C Lau
License number
RB-19267
Brokerage company
ChaneyBrooks Choice Advisors
(808) 753-9033
MLS #
202316670

Buyer agent

Name
NON MLS
Brokerage company
Non-MLS

Payment calculator

Calculate your monthly payments
Mortgage
$10,823
Taxes
$3,651
HOA dues
$0
$14,474 per month
Mortgage
$705,000 / 20%
2.28%
30 years
Your amount $10,823 / month

Exterior Features

Concrete Block construction and more
Construction
Concrete Block

Lot details

TMK #1240050100000
Parcel nr.
1240050100000

Makiki Area neighborhood info

Essentials nearby
Neighborhood stats
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

People living in Makiki Area

31%
Families with children
National average: 39%
30%
Non family households
364,089
Population
$128,046
Average Income

Age & gender

Median age 44 years
More info

Commute types

65% commute by car
More info

Education level

26% have bachelor education
More info

Number of employees

2% work in education and healthcare
More info

Vehicles available

48% have 1 vehicle
More info

Vehicles by gender

48% have 1 vehicle
More info

Housing market insights for *

$744.27k
Neighborhood average
sales price*
$532.53k
Neighborhood median
sales price*
1263
Number
of sales*

Housing type

61% are apartments
More info

Rooms

38% of the houses have 2 or 3 rooms
More info

Bedrooms

45% have 2 or 3 bedrooms
More info

Owners vs Renters

52% are renters
More info
16.67 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Schools

15 schools with rating up to 6
School rating Distance
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
Elementary School
0.236mi
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
Middle School
0.164mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
High School
0.323mi
School rating Distance
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.236mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.323mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.403mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.464mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
0.466mi
School rating Distance
6
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
0.164mi
NR
Hawaiian Mission Academy K-8
1415 Makiki Street, Honolulu, HI 96814
0.236mi
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.323mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.403mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.464mi
School rating Distance
NR
Maryknoll School
1402 Punahou Street, Honolulu, HI 96822
0.323mi
NR
Maryknoll Grade School
1722 Dole Street, Honolulu, HI 96822
0.403mi
NR
Punahou School
1601 Punahou Street, Honolulu, HI 96822
0.464mi
NR
Maryknoll School
1526 Alexander Street, Honolulu, HI 96822
0.466mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.642mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Apr 4, 2024

Makiki Area Median sales price 2024

Bedrooms Med. price % of listings
Not specified $247.5k 9.3%
1 bed $305.2k 25.58%
2 beds $422.5k 55.81%
3 beds $1.7m 6.98%
4 beds $1.25m 2.33%
Date Event Price $/sqft Source
Apr 4, 2024 Sold $3,525,000 728.91 Public Record
Apr 4, 2024 Price Decrease $3,525,000 -11.43% 728.91 MLS #202316670
Mar 20, 2024 Pending $3,980,000 822.99 MLS #202316670
Dec 8, 2023 $3,980,000 822.99 MLS #202316670
Aug 14, 2023 New Listing $3,980,000 822.99 MLS #202316670

Taxes of 1513 Young St, Honolulu, HI, 96826

33 - BMX-3 Community Business M zoning / MLS #202316670
Current Property Taxes p/month
$3,650
Assessed Improvement value
$475,700
Assessed Land value
$3,056,400
Land Recorded
Land Court
Zoning
33 - BMX-3 Community Business M
Flood Zone
Zone X
Total Assessed value
$3,532,100

Tax History

Year Taxes Source
2024 $43,812 MLS #202316670
2023 $41,640 MLS #202316670
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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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Frequently Asked Questions about *

What is *?

* is a Exclusive Rights Commercial/Industrial property.

What is the rental income?

The net income is $116,943
*check with agent

What is the full address of this Commercial?

1513 Young St, Honolulu, HI, 96826.

What comparable properties are nearby?

Comparable nearby commercial properties include 1694 Kalakaua Ave, 2110 Beretania St, 846 Hotel St, 810 Green St, Address undisclosed, 448 Kaiolu St.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of ChaneyBrooks Choice Advisors.
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.

Listing last updated: Apr 04, 2024
Verhouse Last checked 2 minutes ago


The closest grocery stores are Foodland, 0.12 miles away and Times Supermarket, 0.3 miles away.
The Makiki Area neighborhood has a population of 364,089, and 31% of the families have children. The median age is 44.91 years and 65% commute by car. The most popular housing type is "apartment" and 52% is renter.
Commercial Sold $3.53m 1513 Young St, Honolulu, HI, 96826 Save House Remove from Saved