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Commercial sold for $2,000,000 in 166 days

Iwilei Business Center #4A 501 Sumner St, Honolulu, HI, 96817

Neighborhood: Dillingham

Off the market Commercial/Industrial

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Approx 1700 square feet of finished office space, 7900 sf warehouse, and 4040 sf of light mezz. Lots of parking available at very reasonable rental fee from association, right out the front door and back doors. Flexible use/ability to rent out part of the warehouse space w/ 2 roll up doors, one at each end of space. Low maintenance fees and low cost parking make this Iwilei property a +++. Month to month tenant in place in 4000 sf of warehouse. Owner open to rent to own, lease, exchange...bring forward any options your clients may be looking for.
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Property details

1936 year built
Price per sqft
$146/sqft
Address
501 Sumner St, Honolulu, HI, 96817
City of Hawaii
Honolulu
Island
Oahu
Year Built
1936
Frontage
Industrial
Land tenure
FS - Fee Simple
Neighborhood
Dillingham
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

Asphalt, Concrete floors
Roof
Aluminum/Steel
Property Condition
Average
Floor Covering
Asphalt, Concrete
Easements
None
Documents Available
None
Garage & Parking
Assigned, On Site, Other, Pay Public, Unassigned
Utilities Included
Light Electricity
Amenities
Office, Private Restroom

Listed by

Nolan K Zane, Urban Real Estate Co.
Name
Nolan K Zane
License number
RS-56517
Brokerage company
Urban Real Estate Co.
MLS #
201336116

Buyer agent

Name
Matt K Lau
Brokerage company
Hawaii Homes International
(808) 949-0020

Payment calculator

Calculate your monthly payments
Mortgage
$6,141
Taxes
$1,246
HOA dues
$0
$7,387 per month
Mortgage
$400,000 / 20%
2.28%
30 years
Your amount $6,141 / month

Exterior Features

High Cube, Metal Frame construction and more
Construction
High Cube, Metal Frame

Lot details

TMK #1150120010010
Parcel nr.
1150120010010

Dillingham 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 Dillingham

32%
Families with children
National average: 39%
29%
Non family households
416,417
Population
$128,695
Average Income

Age & gender

Median age 44 years
More info

Commute types

66% 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

46% have 1 vehicle
More info

Vehicles by gender

46% have 1 vehicle
More info

Housing market insights for Iwilei Business Center #4A

$805.72k
Neighborhood average
sales price*
$582.25k
Neighborhood median
sales price*
783
Number
of sales*

Housing type

57% are apartments
More info

Rooms

36% of the houses have 2 or 3 rooms
More info

Bedrooms

50% have 2 or 3 bedrooms
More info

Owners vs Renters

50% are renters
More info
17.17 / 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 5
School rating Distance
2
out of 10
Princess Victoria Kaiulani Elementary School
783 North King St, Honolulu, HI 96817
Elementary School
0.318mi
NR
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd, Honolulu, HI 96817
Middle School
0.687mi
NR
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd, Honolulu, HI 96817
High School
0.687mi
School rating Distance
2
out of 10
Princess Victoria Kaiulani Elementary School
783 North King St, Honolulu, HI 96817
0.318mi
4
out of 10
Kauluwela Elementary School
1486 Aala St, Honolulu, HI 96817
0.619mi
4
out of 10
Princess Miriam K Likelike Elementary School
1618 Palama St, Honolulu, HI 96817
0.658mi
NR
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd, Honolulu, HI 96817
0.687mi
NR
St. Theresa School
712 North School Street, Honolulu, HI 96817
0.745mi
School rating Distance
NR
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd, Honolulu, HI 96817
0.687mi
NR
St. Theresa School
712 North School Street, Honolulu, HI 96817
0.745mi
4
out of 10
Central Middle School
1302 Queen Emma St, Honolulu, HI 96813
0.876mi
5
out of 10
King David Kalakaua Middle School
821 Kalihi St, Honolulu, HI 96819
0.922mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.929mi
School rating Distance
NR
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd, Honolulu, HI 96817
0.687mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.929mi
NR
Damien Memorial School
1401 Houghtailing Street, Honolulu, HI 96817
0.959mi
3
out of 10
Governor Wallace Rider Farrington High School
1564 North King St, Honolulu, HI 96817
1.007mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
1.039mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold May 16, 2014

Dillingham Median sales price 2024

Bedrooms Med. price % of listings
2 beds $597.5k 100%
Date Event Price $/sqft Source
May 16, 2014 Sold $2,000,000 146.54 Public Record
May 16, 2014 Price Decrease $2,000,000 -4.76% 146.54 MLS #201336116
Feb 5, 2014 Under contract $2,100,000 153.87 MLS #201336116
Dec 2, 2013 New Listing $2,100,000 153.87 MLS #201336116

Taxes of 501 Sumner St, Honolulu, HI, 96817

46 - IMX-1 Industrial-Commercia zoning / MLS #201336116
Current Property Taxes p/month
$1,246
Assessed Improvement value
$629,800
Assessed Land value
$575,400
Land Recorded
Regular System
Zoning
46 - IMX-1 Industrial-Commercia
Flood Zone
Unknown
Total Assessed value
$1,205,200

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Frequently Asked Questions about Iwilei Business Center #4A

What is Iwilei Business Center #4A?

Iwilei Business Center #4A is a Exclusive Rights Commercial/Industrial property.

What is the rental income?

-

What is the full address of this Commercial?

501 Sumner St, Honolulu, HI, 96817.

What comparable properties are nearby?

Comparable nearby commercial properties include Address undisclosed, 1 North King St, 1178 King St, 504 School St, 110 King St, 1639 Liliha St.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Urban Real Estate Co..
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: May 16, 2014
Verhouse Last checked 5 minutes ago


The closest grocery stores are Palama Supermarket, 0.51 miles away and Times Supermarket, 0.54 miles away.
The Dillingham neighborhood has a population of 416,417, and 32% of the families have children. The median age is 44 years and 66% commute by car. The most popular housing type is "apartment" and 50% is renter.
Commercial Sold $2m 501 Sumner St, Honolulu, HI, 96817 Save House Remove from Saved