Property is zoned R-5 and currently holds a conditional use permit to be used as a parking lot for the sole use of Kaimuki Business Plaza. The Paved property is currently divided into 20 single and 22 tandem parking stalls and is in a prime location on the apex of the ridge between East Honolulu and Downtown Honolulu with a clear view of Diamond Head. Rental income is $9,552/month, Gross income is $114,520/year, Gross Expenses is $55,675/year. Net Operating is $55,675/year.
Listing courtesy of Pure Real Estate Inc..
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