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82 & 104 Kihapai Street, Kailua, HI, 96734
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82 & 104 Kihapai Street, Kailua, HI 96734

$8,888,000 Commercial cancelled 7,750 sqft Neighborhood:  Coconut Grove
8 min walk to Kawai Nui Marsh
19 min walk to the beach
7 min drive to the golf
25 min walk to Kailua Beach
5 min drive to Flat Island - Popoia Island
About lifestyles
Extremely desirable and rare KAILUA apartment property consisting of two buildings on two lots (TMKS 1-4-3-058-018 [6,555sf] AND 1-4-3-058-019 [6,481sf]) for a total of 13,036sf of land. 1:1 parking, hollow tile construction, coin operated owned laundry, all tenants separately metered for electric, each bldg has its own water bill and coin laundry area. Roof type is modified bitument, no silicone. Residential exemption for real property taxes in use by current owner, but B-2 zoning means you can change the use to Business if you want, so there’s flexibility for future use! *AND B- and A- zoned properties can be redeveloped for Bill 7.
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Details

1970 year built
  • Year Built 1970
  • Original list price $8,888,000
  • Days on market 178
  • Price per sqft $1,147/sqft
  • Address

    82 & 104 Kihapai Street, Kailua, HI, 96734

  • Frontage Other
  • Neighborhood Coconut Grove
  • Land area 13,036 sqft / 0.299 acres
  • Total Interior Area 7,750 sqft
  • City of Oahu Kailua
  • Region Kailua
  • Island Oahu
  • Land tenure FS - Fee Simple
  • Number of Units 24
  • Parking Spaces 24
  • Annual Expenses 119865
  • Net Operating Income 423236
  • Virtual Tour View (external link)

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$45,318
Taxes
$1,380
HOA dues
$0
$46,698 per month
Mortgage
Down payment
$1,777,600 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $45,318 / month

Neighborhood: Coconut Grove

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
17.5 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Amenities & Features

24 parking places, Concrete, Other floors
Roof
Other
Property Condition
Excellent
Business Type
Condo/Apt
Construction/Exterior Finish
Concrete Block
Air Conditioning
None
Loading
None
Floor Covering
Concrete, Other
Income Information Source
Accountant, Owner
Expense Information Source
Accountant, Owner
Easements
Other, Utility
Documents Available
Lease Documents, P&L, Survey, Title Search
Lessee/Tenant Pays
Electricity, Other
Parking
Assigned, On Site
Utilities Included
Light Electricity, Other, Small Water Meter
Amenities
None

Coconut Grove prices

No information about average prices in this area
-

Schools

15 schools with rating up to 8
School rating Distance
6
out of 10
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
Elementary School
0.383mi
6
out of 10
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
Middle School
0.383mi
5
out of 10
Kailua High School
451 Ulumanu Dr, Kailua, HI 96734
High School
0.687mi
School rating Distance
6
out of 10
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
0.383mi
NR
Huakailani School for Girls
146 Hekili Street STE 104, Kailua, HI 96734
0.391mi
NR
St. Anthony Parish School
148 Makawao Street, Kailua, HI 96734
0.632mi
NR
Hawaiian Mission Academy Windward Campus
160 Mookua Street, Kailua, HI 96734
0.636mi
NR
Kailua Christian Academy
1276 Kailua Road, Kailua, HI 96734
0.933mi
School rating Distance
6
out of 10
Kailua Elementary School
315 Kuulei Rd, Kailua, HI 96734
0.383mi
NR
Huakailani School for Girls
146 Hekili Street STE 104, Kailua, HI 96734
0.391mi
NR
St. Anthony Parish School
148 Makawao Street, Kailua, HI 96734
0.632mi
NR
Hawaiian Mission Academy Windward Campus
160 Mookua Street, Kailua, HI 96734
0.636mi
8
out of 10
Kailua Intermediate School
145 South Kainalu Dr, Kailua, HI 96734
0.672mi
School rating Distance
5
out of 10
Kailua High School
451 Ulumanu Dr, Kailua, HI 96734
0.687mi
NR
Kailua Christian Academy
1276 Kailua Road, Kailua, HI 96734
0.933mi
7
out of 10
Kalaheo High School
730 Iliaina St, Kailua, HI 96734
1.154mi
NR
Le Jardin Academy
917 Kalanianaole Hwy, Kailua, HI 96734
1.725mi
NR
Trinity Christian School
875 Auloa Road & 1110 Kailua Road, Kailua, HI 96734
1.764mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Cancelled Dec 21, 2023
Date Event Price $/sqft Source
Dec 21, 2023 Cancelled $8,888,000 $1,146.84 MLS #202324066
Oct 24, 2023 New Listing $8,888,000 $1,146.84 MLS #202324066
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Tax & MLS details 82 & 104 Kihapai Street, Kailua, HI, 96734

32 - B-2 Community Business Dis zoning / MLS #202324066
Current Property Taxes p/month
$1,380
Property Tax Year
2023
Assessed Improvement value
$1,352,300
Assessed Land value
$3,378,200
TMK
1-4-3-058-018-0000
Land Recorded
Land Court
Zoning
32 - B-2 Community Business Dis
Flood Zone
Zone AH
Total Assessed value
$5,090,500
Listed by
Commercial Inv. Strategies
(808) 429-1098
MLS #
202324066
Hawaii House tour report for this commercial
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Stunning views
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Similar homes nearby 82 & 104 Kihapai Street in Coconut Grove

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Frequently asked questions for 82 & 104 Kihapai Street

What is 82 & 104 Kihapai Street?

82 & 104 Kihapai Street is a Commercial/Industrial

How many units does it have?

82 & 104 Kihapai Street has 24 units.

What is the rental income?

The net income is $423,236
*check with agent

What is the full address of this commercial?

82 & 104 Kihapai Street, Kailua, HI, 96734.

What comparable properties are nearby?

Comparable nearby commercial properties include 810 Green St, 1694 Kalakaua Ave, 425 N King St, 915 Kekaulike Street, 96-1243 Waihona Street, 66-235 Kamehameha Hwy.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Commercial Inv. Strategies. 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 December 21, 2023.
Hawaii House Last checked less than a minute ago.

Commercial cancelled $8,888,000 82 & 104 Kihapai Street, Kailua, HI, 96734 7,750 sqft Save House Remove from Saved