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Commercial sold for $45,000 in 72 days

University Plaza #106 931 University Ave #106, Honolulu, HI, 96826

Neighborhood: Moiliili

Off the market Commercial/Industrial

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Rarely available ground floor leasehold space available in well known University Plaza. This 620 SF business mixed-use space includes a small office, private half-bathroom, and one unassigned parking stall. Ideally located next to new university housing high-rise right on the edge of Moiliili and Manoa neighborhoods. Convenient corner location in a high traffic area with easy access to public transportation and H1 Freeway. Paid/validated public parking available for patrons as well as street parking. Monthly maintenance fee is $652.44 and lease rent is $1,101.17. Lease expires 1/27/2035 and fee not available at this time.
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Property details

1959 year built
Price per sqft
$70/sqft
Address
931 University Ave #106, Honolulu, HI, 96826
City of Hawaii
Honolulu
Island
Oahu
Year Built
1959
Frontage
Main Street, Other
Land tenure
LH - Leasehold
Parking Spaces
1
Neighborhood
Moiliili
District
Honolulu
Virtual Tour

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

1 parking places, Other floors
Roof
Other
Property Condition
Average
Floor Covering
Other
Easements
Sewer
Documents Available
Lease Documents
Garage & Parking
On Site, Street, Unassigned
Utilities Included
Light Electricity, Other
Amenities
Private Restroom

Listed by

Tom Presler, Compass
(808) 825-4277
Name
Tom Presler
License number
RB-20702
Brokerage company
Compass
(808) 825-4277
MLS #
202213117

Buyer agent

Name
Mirko K Manfredi
Brokerage company
Island Prime Properties LLC
(808) 825-3400

Payment calculator

Calculate your monthly payments
Mortgage
$139
Taxes
$335
HOA dues
$1,101
$1,576 per month
Mortgage
$9,000 / 20%
2.28%
30 years
Your amount $139 / month

Exterior Features

Reinforced Concrete construction and more
Construction
Reinforced Concrete

Lot details

TMK #1270160020030
Parcel nr.
1270160020030

Moiliili 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 Moiliili

30%
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

27% 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 University Plaza #106

$796.35k
Neighborhood average
sales price*
$555k
Neighborhood median
sales price*
1278
Number
of sales*

Housing type

59% are apartments
More info

Rooms

37% of the houses have 2 or 3 rooms
More info

Bedrooms

45% have 2 or 3 bedrooms
More info

Owners vs Renters

51% are renters
More info
15 / 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
5
out of 10
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
Elementary School
0.202mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
Middle School
0.043mi
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
High School
0.043mi
School rating Distance
5
out of 10
Prince Jonah Kuhio Elementary School
2759 South King St, Honolulu, HI 96826
0.202mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.329mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.465mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.474mi
2
out of 10
Ala Wai Elementary School
503 Kamoku St, Honolulu, HI 96826
0.537mi
School rating Distance
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.043mi
NR
Our Redeemer Lutheran School
2428 Wilder Avenue, Honolulu, HI 96822
0.329mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.465mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.474mi
NR
St Louis School
3142 Waialae Avenue, Honolulu, HI 96816
0.845mi
School rating Distance
NR
Varsity International School
2617 South King St., 3-D, Honolulu, HI 96826
0.043mi
NR
Lutheran High School Of Hawaii
1404 University Avenue, Honolulu, HI 96822
0.325mi
8
out of 10
Education Laboratory Public Charter School
1776 University Ave, Honolulu, HI 96822
0.465mi
NR
Iolani School
563 Kamoku St, Honolulu, HI 96826
0.474mi
2
out of 10
Kaimuki High School
2705 Kaimuki Ave, Honolulu, HI 96816
0.478mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Sep 29, 2022

Moiliili Median sales price 2024

Bedrooms Med. price % of listings
Not specified $150.5k 16%
1 bed $350k 32%
2 beds $460k 40%
3 beds $1.72m 8%
7 beds $1.8m 4%
Date Event Price $/sqft Source
Sep 29, 2022 Sold $45,000 70.09 Public Record
Sep 29, 2022 Price Decrease $45,000 -10% 70.09 MLS #202213117
Sep 27, 2022 Pending $50,000 77.88 MLS #202213117
Aug 16, 2022 Under contract $50,000 77.88 MLS #202213117
Aug 2, 2022 New Listing $50,000 77.88 MLS #202213117
Jul 6, 2022 Withdrawn $50,000 77.88 MLS #202206767
Apr 11, 2022 New Listing $50,000 77.88 MLS #202206767

Taxes of 931 University Ave #106, Honolulu, HI, 96826

33 - BMX-3 Community Business M zoning / MLS #202213117
Current Property Taxes p/month
$335
Assessed Improvement value
$88,400
Assessed Land value
$236,200
Land Recorded
Regular System
Zoning
33 - BMX-3 Community Business M
Flood Zone
Zone X
Lease renegotiation date
2031-01-28
Lease expiration
2035-01-27
Monthly lease payment
$1,101
Total Assessed value
$324,600

Tax History

Year Taxes Source
2022 $4,025 MLS #202213117
2021 $3,889 MLS #202206767
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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 University Plaza #106

What is University Plaza #106?

University Plaza #106 is a Exclusive Rights Commercial/Industrial property.

What is the rental income?

-

What is the full address of this Commercial?

931 University Ave #106, Honolulu, HI, 96826.

What comparable properties are nearby?

Comparable nearby commercial properties include 99-128 Aiea Heights Dr.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Compass.
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: Oct 02, 2022
Verhouse Last checked less than a minute ago


The closest grocery stores are Kokua Market Natural Foods, 0.06 miles away and Nijiya Supermarket, 0.07 miles away.
The Moiliili neighborhood has a population of 364,089, and 30% of the families have children. The median age is 44.95 years and 65% commute by car. The most popular housing type is "apartment" and 51% is renter.
Commercial Sold $45k 931 University Ave #106, Honolulu, HI, 96826 Save House Remove from Saved