Mixed Use

Emerald Building

Price

$1,950,000 Fee Simple

Locations

Downtown

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Overview

Status

Closed

Type

Mixed Use

Purchase Type:

Fee Simple

Year Built

1941 / 1965 Effective

Area

3380.0 sq ft

Lot size

0.037786961 acres

Zoning

BMX-4

Fact Sheet

Description

Cushman & Wakefield ChaneyBrooks is pleased to present an exceptional opportunity for an investor or restaurant owner-user to purchase The Emerald Building, located at 1146, 1148 & 1150 Bishop Street in Honolulu’s Central Business District (the “Property”). The 3,136 square foot building spans over 3 stories on 1,646 square feet of fee simple land zoned BMX-4. The Property has two restaurant spaces on the ground floor, each equipped with a full commercial kitchen and an additional loft seating area/storage. The restaurant spaces share an above-ground grease trap. Also there is a 3-bedroom, 1.5-bath residential unit on the third floor with a private entrance from the ground floor. The residential unit has a window a/c unit, washer and dryer and stove/oven.

The Property does not offer any parking on site and is grandfathered as a non-conforming use. Street parking is available in the surrounding area as well as in several nearby municipal parking lots.

The Emerald Building is located in Honolulu’s Central Business District (“CBD”) and financial district. The CBD serves as the region’s major employment center and is home to many Hawaii-based companies and skyscrapers.

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