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Listing Courtesy of: (808) 429-1098 - Christina Dwight - Commercial Inv. Strategies 808-429-1098

$3,349,000

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2118 Citron Street Honolulu, HI 96826

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Last updated on 11/28/2024 2:36 AM

Listing Details

ATTENTION DEVELOPERS!!! Prime 12,000sf lot less than a mile between both Waikiki and UH Manoa. So much potential: Bill 7 development/ live in one, rent the others/ land bank and build later/ rent out as is—-it’s all up to you! DD includes: EDR Neighborhood Environmental Report, Geotechnical Report w...ith boring logs and infiltration tests, a TOPO survey and conceptual plans with A-sheets and a prelim foundation design. Existing structures have 5 twos rented, one tear-down. **Development options present a variety of potential paths for the creative owner: Bill 07 possibility of up to a maximum of 60 units and 48,000sf of floor area or standard A2 zoning for up to 16,080sf that takes advantage of the city’s newest parking exemptions for multi-family developments in the PUC. Not located in a HI School Impact District, new development save BIG on DOE Impact Fees, which start at close to $3,864 and up per unit (i.e. up to over $230,000 in savings!) in a number of Honolulu neighborhoods. **Buyers to do their own dd and verify all the latest city programs and rules with the appropriate experts and agencies** Continue reading

MLS#

202415389

Property Type

Land

Lot Size

0.28

Sewer

Sewer Connected, Other, Sewer Available