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Prime Commercial Property Investment Opportunity Located in the Heart of Kaimuki | Near UH Manoa | Across from City Mill Kaimuki Presenting a rare opportunity to acquire a high-performing commercial asset in one of Honolulu's most dynamic and desirable neighborhoods "” Kaimuki. This offering consists of two adjacent lots (TMK: 1-2-8-028-026, MLS 202509693), which must be sold together, and the listing price is the combined price of the two lots. Property Highlights: 6 commercial units currently occupied by 5 restaurants and 1 hair salon. 100% leased and fully operational 20 on-site parking stalls "” a rare amenity in this high-traffic area Current Cap Rate: 4.5% Zoning and location support strong long-term potential for rent growth and property value appreciation Ideally situated just minutes from the University of Hawai"˜i at Manoa and directly across the street from City Mill Kaimuki, this property benefits from constant foot traffic, local demand, and excellent visibility.
| DAYS ON MARKET | 49 | LAST UPDATED | 5/15/2025 |
|---|---|---|---|
| TRACT | UNIVERSITY | YEAR BUILT | 1962 |
| COMMUNITY | Metro | COUNTY | Oahu |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR CONDITIONING | Yes |
|---|---|
| AREA | Metro |
| CONSTRUCTION | Block, Concrete, See Remarks |
| LOT | 9409 acre(s) |
| STORIES | 1 |
| SUBDIVISION | UNIVERSITY |
| TAXES | 32537.64 |
| UTILITIES | Electricity Available, Natural Gas Available, Sewer Connected |
| ZONING | 32 - B-2 Community Business Dis |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with HI Choice Realty
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd.
active listings last updated on 7/3/25 8:01 AM PDT.
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
active listings last updated on 7/3/25 8:01 AM PDT.
Information is deemed reliable but not guaranteed.
Copyright: 2025 by HiCentral MLS, Ltd.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
This IDX solution is (c) Diverse Solutions 2025.
