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A RARE EXAMPLE OF FINE CRAFTSMANSHIP IN A COMMERCIAL FACILITY. OFFERINGPricing $5,240,000.00Cap Rate 6.3% * With the new tax bill there are major benefits for the landlord* POSITIVE CASH FLOW, with potential to generate significant upside opportunities. With mix use zoning excellent opportunity for redevelopment* Outstanding Tenant roster with a solid tenancy history.* High end retail ground floor tenant mix includes: Sushi Bushido and Bar, Aloha Images (art gallery), etc.* Professional Offices * Excellent location, in the center of Historic Downtown Kapa'a Kauai, one block from the BEACH. The Property is highly visible and easily accessible from anywhere on the island. * Central courtyard, Indian slate floor with a glass roof & Japanese tile tower creating exotic ambiance for retail.* 2 deluxe restrooms on each floor.* Cement board siding for longevity.* 20 rentable spaces and a large courtyard for future development.* 30 space concrete private parking lot in rear and 12 diagonal parking slots in front.* Approximately 14,478 rentable square feet.
Elite Pacific Properties LLC