Industrial

3185 Oihana Street

Price

$1,600,000

Locations

Nawiliwili

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Overview

Status

Closed

Type

Industrial

Purchase Type:

Fee Simple

Year Built

1974, 1981 Effective

Area

7956.0 sq ft

Lot size

0.246051423 acres

Zoning

I-L

Fact Sheet

Description

• OWNER-USER OPPORTUNITY – This offering presents an excellent opportunity for a buyer to purchase and occupy the property. Owner-users may benefit from tax advantages, cost stability (due to variable rental rates), and asset diversification (can help diversify business’s holdings by building equity).
• LOADING DOCKS – The interior loading docks are suitable for box trucks and up to 40-foot containers.
• DESIREABLE BUILDING FEATURES – The approximately 8,000-SF building features cold storage, warehouse and 2-story office space. There are three (3) large roll-up doors with one (1) interior sunken loading dock, all of which can accommodate interior box-truck parking. The building is serviced by heavy power and compressor boxes.
• RARE 10,000-SF LOT – Most of the lots in the immediate area consist of 20,000 square feet of land. This rare, smaller site allows a buyer to “right-size” their lot to fit their needs.
• COLD STORAGE – There are multiple refrigeration systems on-site including interior cold storage and four (4) 20-foot exterior container chill boxes.
• PHOTOVOLATIC – Solar panels are installed on the roof of the building which help offset Hawaii’s hefty electricity costs. Hawaii is ranked #1 as having the most expensive electricity rates in the nation.
• CONVENIENT CORNER LOCATION – Located on the corner of Oihana Street and Halau Street, close to the shipping docks and Lihue Airport within the Lihue Industrial Park.

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