Metro Home For Sale: 1150 S King, Metro, in Oahu

MLS: 202600888 (Active - For Sale)

Asking Price: $70,000 Leasehold
Lease Expires: 02/08/2026
Type: Commercial
District: Metro
Address: 1150 S King Street, Honolulu, HI
Neighborhood: Makiki Area
Beds: 0 Land Area: 2.39 Acres
Parking: Assigned,On Site,Street
Amenities: Public Restroom
Days on Market: 26
Year Built: 1966
Zoning: 33 - BMX-3 Community Business M
Land Recorded: Land Court
Property Taxes: $0
Assessed Value: $12,683,000
Assessed Ratio: 0.55%
Listing Courtesy: Ideal Properties, Inc.

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Popular restaurant spot, well established for many years. Highly renovated 2016-2017 for a clean/modern look, Grease trap installed by Landlord. Spacious 983 sq. ft. with kitchen. Assume remaining lease at reasonable rate with only 3% annual increase. Cam includes water, electric, real property tax, etc. Sale includes equipment, furnishings, list to be provided with acceptable offer. Business and business name, good will is NOT included in the sale. Sale is subject to Landlord's approval of Assignment of Lease to buyer. Lease usage is for Japanese sushi and restaurant; seller will assist buyer for permission for other usage and Landlord's approval.

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