1148 2nd Ave (Kaimuki)

• Asking Price: $1,280,000
• Land: 5,000 ft²
• Zoning: 32 - B-2 Community Business Dis
• Time Listed for Sale: 67 days
• Property Taxes: $ 1,250 / month
• Flood Zone: Zone B
• Tax Assessed Total: $1,192,500
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If offer is delivered on the17th of October,2024price of 1.28millipon stands; after the 17th, there will be additional $1000.00 per day added.Grading permit granted with retaining wall.Motivated seller due to change of life style. Price has been reduced multiple times. Seller is determined to make this offer work.Previous seller converted the 5000 square feet residential area to B2 COMMERCIAL this seller bought it for development; changed in life style outlook changed everything, the empty lot was examined in detail by architect. New buyer(s) are encouraged to do their own research and potential uses of the B2 lot. Located cross street from CitiMill, next to gas station, soil study has been done by previous seller with no complication from gas station.Owmer originally had considered the following possibilities: Level the ground, open for "open market" to benefit neighbours, rent out as parking lot for regular and commercial vehicles, ( after levelling) build a 6 story building with shops and other possibilities, viability requires due diligence by new buyers. Owner will consider and evaluate all offers.