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Commercial Condominium in Princeville, Kauai, Hawaii. Restaurant ready.
| Asking Price: | Not Disclosed | Inventory: | |
| Gross Revenue: | Not Disclosed | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
This is a 2 unit residential condominium with a specialuse permit for restaurant and commercial real estate activities. Available for lease or sale. Primary unit was designed and improved as an 80 seat restaurant. Substantial leasehold fixtures and furnishing come with the space. For a real property purchaser, the second unit has been continuously leased for 35 years.
About the Business
Facilities:close to 5,000 sq.ftof space with a special use permit for restaurant operation and commercial real estate operations.
Market Outlook and Competition:With the recent reopening of the St. Regis Hotel and the upcoming reopening of the Princeville Golf Courses, this North Shore resort should start to show tourism growth by early 2010.
About the Sale
Management Training and Support:Over a 30 year period, the site has been the home for four restaurants.
Reason For Selling:Real property owner is in his 70's and would like to simplify his life.
Seller Financing:For a buyer of the condominium, the property should qualify for 85% loan-to-value financing.
KEYWORDS: Restaurant space at Princeville, Kauai restaurant, restaurant unit for sale or lease on Kauai,
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