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1709 Kalani St 6,546 SF 100% Leased Retail Building Honolulu, HI 96819 $2,800,000 ($427.74/SF)
Executive Summary
Built in 1991, this fee simple mixed-use industrial asset is located in the Kalihi/Mapunapuna corridor, one of O?ahu’s core industrial submarkets. The property features a 6,546 square foot, three-story concrete building situated on a 5,000 square foot IMX-1 zoned parcel (TMK: 1-1-2-3-69). Improvements include a fully built-out commercial kitchen, heavy power, hydraulic elevator, 1,250 gallon grease trap, gas service, and central air conditioning. The flexible layout allows for industrial, office, and accessory residential uses, making it an excellent opportunity for an owner-user or value-add investor. The property benefits from strong street visibility in a supply-constrained urban location. Co-listed with Anthony Provenzano of Cushman & Wakefield/ChaneyBrooks.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,546 SF
Building Class
C
Year Built
1991
Price
$2,800,000
Price Per SF
$427.74
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
9’
Building FAR
1.25
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
IMX-1
Parking
7 Spaces (1.11 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-1-2-003-069-0000 | Improvements Assessment | $859,900 |
| Land Assessment | $1,500,000 | Total Assessment | $2,359,900 |
Property Taxes
Parcel Number
1-1-2-003-069-0000
Land Assessment
$1,500,000
Improvements Assessment
$859,900
Total Assessment
$2,359,900
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1709 Kalani St
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