SOLD 03/20/2008
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1038 Queen St, Honolulu, HI 96814
$850,000 $895,000
Commercial
sold
3,940 sqft
Neighborhood:
Kakaako
Sold 03/20/2008
$850,000 $895,000
4 min walk to Ala Moana Regional Park
9 min walk to Kewalos
About lifestyles
DYNAMIC LOCATION at QUEEN/KAMAKEE, across from Office Depot/Nordstrom Rack. Property is ideal for owner-user. Fee is not currently available but may be in the future. 100% occupied to 12/07 - actual NOI is $85K. Industrial use includes auto repair, veterinarian, music/film studio, wholesale distribution, design showroom, catering kitchen and more.
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Details
1986 year built
- Year Built 1986
- Original list price $999,999
- Days on market 247
- Price per sqft $216/sqft
-
Address
1038 Queen St, Honolulu, HI, 96814
- Frontage Industrial, Main Street, Other, Retail Mall
- Neighborhood Kakaako
- Land area 5,000 sqft / 0.115 acres
- Total Interior Area 3,940 sqft
- City of Oahu Honolulu
- Region Honolulu
- Island Oahu
- Land tenure LH - Leasehold
- Number of Units 4
- Parking Spaces 5
- Gross Income 139065
- Annual Expenses 54400
- Net Operating Income 84665
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$4,334
Taxes
$8,481
HOA dues
$2,500
Mortgage
Down payment
$170,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$4,334 / month
Neighborhood: Kakaako
Nearby & commute
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
17.17 / 20
Very walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
Amenities & Features
5 parking places, Concrete, Other, See Remarks, Wood floors
Roof
Aluminum/Steel, Other
Property Condition
Above Average
Business Type
Free Standing, Industrial,
Construction/Exterior Finish
Concrete Block, Loft Space, Other, Remodeled
Air Conditioning
Central AC, Individual, Other
Loading
Loading Area, Other
Floor Covering
Concrete, Other, See Remarks, Wood
Income Information Source
Broker
Expense Information Source
Broker
Easements
Driveway
Documents Available
Building Plans, Lease Documents, Other, P&L, Survey, Title Search
Lessee/Tenant Pays
AC Maintenance, Common Area Maintenance, Electricity, Excise Tax, Fire Ins, Janitorial/Trash Removal, Lease Rent, Liability Ins, Other, Real Estate Taxes, Water
Parking
Assigned, Off Site, On Site, Other, Pay Public, Street
Utilities Included
Other
Amenities
Mezzanine Office, Office, Other, Private Restroom, Recreation Area, Security System
Kakaako prices
Average price $638.63k
Neighborhood average sales price*
$638.63k
Neighborhood median sales price*
$399k
Number or sales*
39
*last 6 months
About Kakaako
Kakaako Real Estate & Lifestyle Kakaako real estate is synonymous with contemporary urban living and an outdoor enthusiast's paradise. This vibrant neighborhood in Honolulu, Hawaii, offers a unique blend of luxurious high-rise condominiums, upscale sh Read more
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
Elementary School
|
0.08mi | |
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
Middle School
|
0.08mi | |
| out of 10 |
President William Mckinley High School
1039 South King St,
Honolulu, HI 96814
High School
|
0.375mi |
| School rating | Distance | |
|---|---|---|
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
|
0.08mi | |
| out of 10 |
Voyager - A Public Charter School
547 Halekauwila St,
Honolulu, HI 96813
|
0.569mi |
| out of 10 |
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St,
Honolulu, HI 96813
|
0.632mi |
|
Kawaiaha'o Church School
872 Mission Lane,
Honolulu, HI 96813
|
0.649mi | |
| out of 10 |
Queen Kaahumanu Elementary School
1141 Kinau St,
Honolulu, HI 96814
|
0.725mi |
| School rating | Distance | |
|---|---|---|
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
|
0.08mi | |
| out of 10 |
Voyager - A Public Charter School
547 Halekauwila St,
Honolulu, HI 96813
|
0.569mi |
| out of 10 |
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St,
Honolulu, HI 96813
|
0.632mi |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.971mi | |
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
|
0.971mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
President William Mckinley High School
1039 South King St,
Honolulu, HI 96814
|
0.375mi |
| out of 10 |
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St,
Honolulu, HI 96813
|
0.632mi |
|
Hawaiian Mission Academy
1438 Pensacola Street,
Honolulu, HI 96822
|
0.883mi | |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.971mi | |
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
|
0.971mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Mar 21, 2008
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 21, 2008 | Sold | $850,000 -5.03% from last sold price | $215.74 | Public Record |
| Mar 9, 2008 | In Escrow - not showing | $895,000 | $227.16 | MLS #2713623 |
| Dec 27, 2007 | In Escrow - still showing | $895,000 | $227.16 | MLS #2713623 |
| Sep 22, 2007 | Price Decrease | $895,000 -10.5% | $227.16 | MLS #2713623 |
| Sep 10, 2007 | Back On Market | $999,999 | $253.81 | MLS #2713623 |
| Aug 28, 2007 | In Escrow - still showing | $999,999 | $253.81 | MLS #2713623 |
| Jul 21, 2007 | New Listing | $999,999 | $253.81 | MLS #2713623 |
| Jul 19, 2007 | Expired | $999,999 | $253.81 | MLS #2710762 |
| Jul 11, 2007 | Price Increase | $999,999 | $253.81 | MLS #2710762 |
| Jul 1, 2007 | Price Decrease | $999,995 -23.06% | $253.81 | MLS #2710762 |
| Jun 2, 2007 | New Listing | $1,299,655 | $329.86 | MLS #2710762 |
| May 16, 2007 | Expired | $1,299,655 | $329.86 | MLS #2705083 |
| May 2, 2007 | Price Decrease | $1,299,655 -11.11% | $329.86 | MLS #2705083 |
| Mar 8, 2007 | New Listing | $1,462,112 +265.53% | $371.09 | MLS #2705083 |
| May 1, 2006 | Sold | $400,000 -5.88% from last sold price | $101.52 | Public Record |
| Apr 24, 2006 | In Escrow - not showing | $425,000 | $107.87 | MLS #2522255 |
| Jan 4, 2006 | In Escrow - still showing | $425,000 | $107.87 | MLS #2522255 |
| Dec 29, 2005 | New Listing | $425,000 | $107.87 | MLS #2522255 |
Tax & MLS details 1038 Queen St, Honolulu, HI, 96814
KA - State jurisdiction, refer zoning / MLS #2713623
Current Property Taxes p/month
$8,481
Property Tax Year
2007
Assessed Improvement value
$284,900
Assessed Land value
$611,200
TMK
1-2-3-003-004-0000
Land Recorded
Regular System
Zoning
KA - State jurisdiction, refer
Flood Zone
Zone A
Lease expiration
2040-06-30
Monthly lease payment
$2,500
Total Assessed value
$896,100
Listed by
Optimum Realty LLC
MLS #
2713623
Hawaii House tour report for this commercial
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Frequently asked questions for 1038 Queen St
What is 1038 Queen St?
1038 Queen St is a Commercial/Industrial
How many units does it have?
1038 Queen St has 4 units.
What is the rental income?
The net income is $84,665
*check with agent
What is the full address of this commercial?
1038 Queen St, Honolulu, HI, 96814.
What comparable properties are nearby?
Comparable nearby commercial properties include 725 Kapiolani Blvd unit C209, 888 Mililani St unit 700, 1100 Alakea Street unit 700, 1750 Kalakaua Ave unit 115, 1888 Kalakaua Ave unit C101, 1888 Kalakaua Ave unit C309.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Optimum Realty LLC. 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. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.
Listings last updated on March 21, 2008.
Hawaii House Last checked less than a minute ago.
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