Highlights

• Rare fee simple redevelopment opportunity in highly desirable Waikiki
• F.A.R. = 0.5565
• Permissible Floor Area = 2,629 SF

• Permitted uses include multi-family dwellings, boarding facilities, public uses & structures, amusement & recreation facilities, bars & nightclubs
• Two blocks from the world famous Waikiki Beach
• 10 to 15 minutes from Ala Moana Center and Honolulu's Central Business District

Description

Rare fee simple redevelopment opportunity in highly desirable Waikiki. Permitted uses for the site include multi-family dwellings, boarding facilities, public uses & structures, amusement & recreation facilities, bars & nightclubs, parking lots & garages, eating establishments, financial institution, hotels, medical clinics, offices, convenient stores and retail. The Seller has a schematic concept for consideration. The Scenario proposes a 2-level, 2,629 square feet retail building with 815 square feet and 4 parking stalls on the ground floor and 1,814 square feet on the second floor plus 415 square feet of lanai.

The property is conveniently located within a short walking distance from the Hyatt Regency, Westin Mauna Surfrider, Marriott Waikiki Beach Hotel, other major hotels allowing for high pedestrian traffic. Easily accessible to Waikiki tourists and residents in the most densely populated area in Hawaii, the site is only two blocks from the world famous Waikiki Beach and 10 to 15 minutes from Ala Moana Center and Honolulu's Central Business District.

Attachments

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