SOLD 11/13/2020
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36 Oneawa Street, Kailua, HI 96734
$3,160,000 $3,250,000
Commercial
sold
0 sqft
Neighborhood:
Kailua Town
Sold 11/13/2020
$3,160,000 $3,250,000
11 min walk to Kawai Nui Marsh
23 min walk to Kailua Beach
About lifestyles
OFFERS DUE 7/2/2020. FEE INTEREST FOR SALE! IN-PLACE 3.2% CAP RATE WITH HUGE UPSIDE POTENTIAL WHEN RENT RESETS IN 2026! The offering represents an extremely rare opportunity to acquire the fee interest in a trophy property which has a long-term ground lease with an excellent tenant, Zippy’s, Inc. The property is located in a prime location on Oneawa Street, a main thoroughfare in Kailua. The ground lease provides for a passive investment structure with tremendous upside potential when the ground rent adjusts to fair market in 2026. A portion of the retail improvements are situated on the property with the balance situated on the adjacent parcel which is not included in the offering.
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Details
1986 year built
- Year Built 1986
- Original list price $3,250,000
- Days on market 171
-
Address
36 Oneawa Street, Kailua, HI, 96734
- Frontage Main Street
- Neighborhood Kailua Town
- Land area 17,396 sqft / 0.399 acres
- City of Oahu Kailua
- Region Kailua
- Island Oahu
- Land tenure FS - Fee Simple
- Gross Income 105576
- Net Operating Income 105576
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$16,112
Taxes
$2,373
HOA dues
$0
Mortgage
Down payment
$632,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$16,112 / month
Neighborhood: Kailua Town
Nearby & commute
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
—
no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
17.83 / 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
Other floors
Roof
Other
Property Condition
Excellent
Business Type
Free Standing, Restaurant
Construction/Exterior Finish
Concrete Block
Air Conditioning
Individual
Loading
None
Floor Covering
Other
Income Information Source
Other
Expense Information Source
Owner
Easements
None
Documents Available
Lease Documents
Lessee/Tenant Pays
AC Maintenance, Common Area Maintenance, Electricity, Excise Tax, Fire Ins, Gas, Janitorial/Trash Removal, Lease Rent, Liability Ins, Other, Real Estate Taxes, Water
Parking
On Site
Utilities Included
Gas, Large Water Meter, Light Electricity
Amenities
None
Kailua Town prices
No information about average prices in this area
-
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kailua Elementary School
315 Kuulei Rd,
Kailua, HI 96734
Elementary School
|
0.193mi |
| out of 10 |
Kailua Elementary School
315 Kuulei Rd,
Kailua, HI 96734
Middle School
|
0.193mi |
| out of 10 |
Kailua High School
451 Ulumanu Dr,
Kailua, HI 96734
High School
|
0.788mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kailua Elementary School
315 Kuulei Rd,
Kailua, HI 96734
|
0.193mi |
|
Huakailani School for Girls
146 Hekili Street STE 104,
Kailua, HI 96734
|
0.281mi | |
|
St. Anthony Parish School
148 Makawao Street,
Kailua, HI 96734
|
0.451mi | |
|
Hawaiian Mission Academy Windward Campus
160 Mookua Street,
Kailua, HI 96734
|
0.487mi | |
| out of 10 |
Kaelepulu Elementary School
530 Keolu Dr,
Kailua, HI 96734
|
1.01mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kailua Elementary School
315 Kuulei Rd,
Kailua, HI 96734
|
0.193mi |
|
Huakailani School for Girls
146 Hekili Street STE 104,
Kailua, HI 96734
|
0.281mi | |
|
St. Anthony Parish School
148 Makawao Street,
Kailua, HI 96734
|
0.451mi | |
|
Hawaiian Mission Academy Windward Campus
160 Mookua Street,
Kailua, HI 96734
|
0.487mi | |
| out of 10 |
Kailua Intermediate School
145 South Kainalu Dr,
Kailua, HI 96734
|
0.488mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kailua High School
451 Ulumanu Dr,
Kailua, HI 96734
|
0.788mi |
|
Kailua Christian Academy
1276 Kailua Road,
Kailua, HI 96734
|
1.097mi | |
| out of 10 |
Kalaheo High School
730 Iliaina St,
Kailua, HI 96734
|
1.232mi |
|
Le Jardin Academy
917 Kalanianaole Hwy,
Kailua, HI 96734
|
1.917mi | |
|
Trinity Christian School
875 Auloa Road & 1110 Kailua Road,
Kailua, HI 96734
|
1.938mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Nov 13, 2020
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Nov 13, 2020 | Sold | $3,160,000 | 0 | Public Record |
| Jul 7, 2020 | Under contract | $3,250,000 | 0 | MLS #202011814 |
| May 28, 2020 | New Listing | $3,250,000 -12.04% | 0 | MLS #202011814 |
| Apr 20, 2020 | Withdrawn | $3,695,000 | 0 | MLS #201933778 |
| Mar 2, 2020 | Price Decrease | $3,695,000 -7.51% | 0 | MLS #201933778 |
| Dec 10, 2019 | Back On Market | $3,995,000 | 0 | MLS #201933778 |
| Dec 6, 2019 | Temporarily Withdrawn | $3,995,000 | 0 | MLS #201933778 |
| Dec 6, 2019 | New Listing | $3,995,000 | 0 | MLS #201933778 |
Tax & MLS details 36 Oneawa Street, Kailua, HI, 96734
33 - BMX-3 Community Business M zoning / MLS #202011814
Current Property Taxes p/month
$2,373
Property Tax Year
2019
Assessed Improvement value
$0
Assessed Land value
$2,487,600
TMK
1-4-3-055-023-0000
Land Recorded
Land Court
Zoning
33 - BMX-3 Community Business M
Flood Zone
Zone X
Total Assessed value
$2,487,600
Listed by
Standard Management LLC
MLS #
202011814
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Frequently asked questions for 36 Oneawa Street
What is 36 Oneawa Street?
36 Oneawa Street is a Commercial/Industrial
What is the rental income?
The net income is $105,576
*check with agent
What is the full address of this commercial?
36 Oneawa Street, Kailua, HI, 96734.
What comparable properties are nearby?
Comparable nearby commercial properties include 45-1034 Kamehameha Hwy, 1638 10th Ave, 846 S Hotel St unit 200, 1178 N King Street, 1100 Alakea Street unit 1400, 1810 N King Street.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Standard Management 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 November 12, 2020.
Hawaii House Last checked 1 minute ago.
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