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Commercial sold for $2,050,000 in 26 days

1741 Nuuanu Ave 1741 Nuuanu Ave, Honolulu, HI, 96817

Neighborhood: Nuuanu-lower

Off the market Commercial/Industrial

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Little jewel along Nuuanu Avenue! First time on the market! Well maintained, two-story, concrete retail walk-up with 16 parking stalls! Fully occupied with long-term tenants. Call Listor for financial details. Prime location along Nuuanu Avenue a few parcels below Kuakini Avenue. On the corner of Nuuanu and Kauila Street. Roof coating, new paint, concrete spalling, and resurface of parking lot all completed in 2017. Showings subject to accepted offer. *Offers due by 5 pm May 29th 2020.*
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Property details

1955 year built
Price per sqft
$509/sqft
Address
1741 Nuuanu Ave, Honolulu, HI, 96817
City of Hawaii
Honolulu
Island
Oahu
Year Built
1955
Frontage
Main Street
Land tenure
FS - Fee Simple
Parking Spaces
16
Gross Income
116844.00
Net Operating Income
67485.00
Neighborhood
Nuuanu-lower
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

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

Listed by

Kevin Y Nishikawa, Marcus & Associates, Inc.
Name
Kevin Y Nishikawa
License number
RB-17304
Brokerage company
Marcus & Associates, Inc.
MLS #
202011055

Buyer agent

Name
Davin T Kazama
Brokerage company
Wallace K. Kazama Realty
(808) 487-9933

Payment calculator

Calculate your monthly payments
Mortgage
$6,294
Taxes
$2,044
HOA dues
$0
$8,338 per month
Mortgage
$410,000 / 20%
2.28%
30 years
Your amount $6,294 / month

Exterior Features

Concrete Block construction and more
Construction
Concrete Block

Lot details

TMK #1220010190000
Parcel nr.
1220010190000

Nuuanu-lower 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 Nuuanu-lower

31%
Families with children
National average: 39%
30%
Non family households
416,417
Population
$128,695
Average Income

Age & gender

Median age 44 years
More info

Commute types

65% commute by car
More info

Education level

25% 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 1741 Nuuanu Ave

$756.13k
Neighborhood average
sales price*
$533.2k
Neighborhood median
sales price*
964
Number
of sales*

Housing type

59% are apartments
More info

Rooms

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

Bedrooms

48% have 2 or 3 bedrooms
More info

Owners vs Renters

52% are renters
More info
12.67 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Schools

15 schools with rating up to 8
School rating Distance
NR
Cathedral Catholic Academy
1728 Nuuanu Avenue, Honolulu, HI 96817
Elementary School
0.059mi
NR
Cathedral Catholic Academy
1728 Nuuanu Avenue, Honolulu, HI 96817
Middle School
0.059mi
NR
Pacific Buddhist Academy
1710 Pali Highway, Honolulu, HI 96813
High School
0.188mi
School rating Distance
NR
Cathedral Catholic Academy
1728 Nuuanu Avenue, Honolulu, HI 96817
0.059mi
NR
Soto Academy
1708 Nuuanu Avenue, Honolulu, HI 96817
0.079mi
NR
Hongwanji Mission School
1728 Pali Hwy, Honolulu, HI 96813
0.126mi
NR
Hawaii Baptist Academy - Elementary
21 Bates Street, Honolulu, HI 96817
0.222mi
8
out of 10
Royal Elementary School
1519 Queen Emma St, Honolulu, HI 96813
0.366mi
School rating Distance
NR
Cathedral Catholic Academy
1728 Nuuanu Avenue, Honolulu, HI 96817
0.059mi
NR
Hongwanji Mission School
1728 Pali Hwy, Honolulu, HI 96813
0.126mi
6
out of 10
Prince David Kawananakoa Middle School
49 Funchal St, Honolulu, HI 96813
0.186mi
NR
Waolani Judd Nazarene School
408 Judd Street, Honolulu, HI 96817
0.488mi
4
out of 10
Central Middle School
1302 Queen Emma St, Honolulu, HI 96813
0.494mi
School rating Distance
NR
Pacific Buddhist Academy
1710 Pali Highway, Honolulu, HI 96813
0.188mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.592mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.639mi
NR
Academy Of The Pacific
913 Alewa Drive, Honolulu, HI 96817
0.869mi
NR
Hawaii Baptist Academy
2429 Pali Highway, Honolulu, HI 96817
0.879mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Jul 6, 2020

Nuuanu-lower Median sales price 2024

Bedrooms Med. price % of listings
Not specified $295k 11.11%
1 bed $465k 11.11%
2 beds $680k 55.56%
3 beds $867.5k 22.22%
Date Event Price $/sqft Source
Jul 6, 2020 Sold $2,050,000 509.44 Public Record
Jul 6, 2020 Price Decrease $2,050,000 -6.82% 509.44 MLS #202011055
Jun 9, 2020 Under contract $2,200,000 546.72 MLS #202011055
May 15, 2020 New Listing $2,200,000 546.72 MLS #202011055

Taxes of 1741 Nuuanu Ave, Honolulu, HI, 96817

31 - B-1 Neighborhood Business zoning / MLS #202011055
Current Property Taxes p/month
$2,044
Assessed Improvement value
$458,600
Assessed Land value
$1,595,000
Land Recorded
Regular System
Zoning
31 - B-1 Neighborhood Business
Flood Zone
Zone X
Total Assessed value
$2,053,600

Tax History

Year Taxes Source
2019 $24,528 MLS #202011055
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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 1741 Nuuanu Ave

What is 1741 Nuuanu Ave?

1741 Nuuanu Ave is a Exclusive Rights Commercial/Industrial property.

What is the rental income?

The net income is $67,485
*check with agent

What is the full address of this Commercial?

1741 Nuuanu Ave, Honolulu, HI, 96817.

What comparable properties are nearby?

Comparable nearby commercial properties include 1639 Liliha St, 504 School St, 1402 Lusitana St, 1100 Alakea St, 110 King St, 1 North King St.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Marcus & Associates, Inc..
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: Jul 06, 2020
Verhouse Last checked 5 minutes ago


The closest grocery stores are Foodland, 0.39 miles away and Safeway, 0.44 miles away.
The Nuuanu-Lower neighborhood has a population of 416,417, and 31% of the families have children. The median age is 44.31 years and 65% commute by car. The most popular housing type is "apartment" and 52% is renter.
Commercial Sold $2.05m 1741 Nuuanu Ave, Honolulu, HI, 96817 Save House Remove from Saved