FOR SALE KING KALAKAUA DENTAL CENTER€¦ · Within the Center, a spacious office is shared by 2...
Transcript of FOR SALE KING KALAKAUA DENTAL CENTER€¦ · Within the Center, a spacious office is shared by 2...
PROPERTY DESCRIPTION
Available for sale is one of the four Commercial Condo units in this well-established dental center which was developed and constructed in 1978 by four dentists who have maintained and operated their separate dental practices successfully over the past years. They are now transitioning their respective practices to younger successors by providing them finished operatories, space for their hygienist, their own sterilization areas, and their own reception desks with files and work area.
Within the Center, a spacious office is shared by 2 dentists. Other areas are shared among the four dentists (the four condo unit owners) such as the staff lounge, consultation room, men and women staff restrooms, the reception area and visitor restrooms. These four owners were conceptually ahead of their time in providing individual and shared space areas for their dental business practices.
Property is 11,556 sq. ft. of fee simple land. Building area is 4,445 sq. ft. and parking area is striped for fourteen (14) parking stalls. A newly established 934 Punahou Street AOUO has been established to assist the four unit owners with building maintenance, reserve funds, and sharing of the common area expenses.
FOR SALE
www.cbre.us/hawaii
CONTACT US
FRANCES N. OKAZAKI Executive Vice President+1 808 541 [email protected]. RB-10178
SHAWLEA K. AONA Senior Associate+1 808 541 [email protected]. RS-73197
KING KALAKAUA DENTAL CENTER934 PUNAHOU STREETHONOLULU, HI 96826
LIC. RB-20142
AVAILABLE SPACE
AVAILABLE FOR SALE IS ONE OF THE FOUR-COMMERCIAL CONDO UNITS AT THIS PROPERTY:
FOR SALEKING KALAKAUA DENTAL CENTER
934PUNAHOU STREET
Honolulu, HI 96826
www.cbre.us/hawaiiLIC. RB-20142
Tax Map Key: 1st 2-3-25-7 CPR 001
Address: 934 Punahou Street, Honolulu, HI 96826
Condo Unit Total Area (SF): Apt. 001 = 1,111 SF
Purchase Price: $785,000 (Approximately $707/SF)
Real Property Taxes: 02/20/2019 $5,431.82
AOUO Maintenance Fee: Approximately $2,400.00 per month
AOUO Managed by Associa Hawaii: As of 9/1/2018; Budget detail available
AOUO Condo Start-up Fee: $5,000.00 for condo reserve account
Utilities - Electricity, Water, Sewer: Included in maintenance fee
Common Parking Area for Visitors: Fourteen (14) Parking Stalls -- Free for Patients and Visitors
Note: Condo unit is currently leased with a 60-day Notice to Vacate clause
FLOOR PLAN
Condo Area
Limited Common Area (shared)
Common Area
A
B C F E
D
H G
SPACE PHOTOS
FOR SALEKING KALAKAUA DENTAL CENTER
934PUNAHOU STREET
Honolulu, HI 96826
www.cbre.us/hawaiiLIC. RB-20142
A
G H
F E
D C
B
(Some furniture and equipment shown in E, F, G and H belong to Tenant)
FOR SALEKING KALAKAUA DENTAL CENTER
934PUNAHOU STREET
Honolulu, HI 96826
© 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited. FO:JS_KingKalakauaDentalCenter_09.12.18
www.cbre.us/hawaiiLIC. RB-20142
AERIAL VIEW
934PUNAHOU ST