2942 Date Street | 17 Bedroom Dormitory FOR SALE TAX MAP KEY: 1 - 2 - 7 - 34: 010 PRICE: $3,000,000 YEAR BUILT: 1991 LAND: 7,000 Sq. Ft. BUILDING: 7,021 Sq. Ft. TENURE: Fee Simple PROPERTY TAX*: $891 per Month ZONING: A-2 PARKING: 8+ stalls * Estimate based on 2019 assessed value. Chaminade does not pay property tax. Buyer to do own due diligence. EXCLUSIVE AGENT: Kevin Y. Nishikawa, R, CCIM SVP Commercial Division RB 17304 Phone: (808) 203-6971 [email protected] Marcus & Associates, Inc. | 1045 Mapunapuna Street, Honolulu, HI 96819 | (808)839-7446 main | www.MarcusRealty.com Information herein deemed reliable but not guaranteed Exclusive Agent: 2942 Date Street | For Sale Kevin Y. Nishikawa, R, CCIM SVP Commercial Division RB 17304 • Unique 7-story dormitory-style building with Phone: (808) 203-6971 [email protected] elevator. • 2-bedroom, 2-full bath on second floor with full kitchen, living room and large lanai. • 3rd thru 7th floors each have 3-bedroom, 2-full bath with small kitchen and large lanai. • Stack washer/dryer in each unit. • Prime location on Date Street with unobstructed views overlooking Ala Wai Golf Course and Waikiki • Originally build for the Kita Toshima Gakkuen Student Housing in 1991. • Currently leased to Chaminade University for dormitory use. Lease expires August 1, 2019 and Chaminade is not renewing. Call Listor for Income/Expense info. • Each Unit approx. 800 SF + 200 SF lanai • Single electric meter, water meter & water heater for entire building. • 8+ parking stalls • Being sold in As-Is, Where-Is condition. Buyer to do their own due diligence. 2nd Floor Kitchen Typical 3rd thru 7th Typical Bathroom Floor Kitchen 2942 Date Street | For Sale WAIKIKI ALA WAI GOLF COURSE 2942 Date Street is within 1 mile radius from the University of Hawaii at Manoa, Chaminade University and Kapiolani Community College. Total fall 2018 enrollment of all 3 schools was approximately 27,000 students. 2942 Date Street is also on a bus line and within walking distance from Safeway and few blocks from Foodland Grocery Store. Ala Wai Golf Course is directly across Date Street. Conveniently located near restaurants and retail along Kapahulu Avenue and a few blocks from world famous Waikiki. 2942 Date Street: • Continue dormitory use** • Convert the units to affordable or market rentals** • Condominiumize (CPR) the units** **Buyer to do their own due diligence. Marcus & Associates, Inc. | 1045 Mapunapuna Street, Honolulu, HI 96819 | (808)839-7446 main | www.MarcusRealty.com Information herein deemed reliable but not guaranteed .