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Whitmore Market 1203 Whitmore Ave 4,500 SF Retail Building Wahiawa, HI 96786 $650,000 ($144.44/SF) 20% Cap Rate



Executive Summary
This is a prime opportunity to own a well-located convenience store — the only convenience store serving the entire village. Established over 50 years ago, the property includes a successfully operating Aloha gas station that has been consistently well managed over the years.
The business features a spacious layout with room for future expansion, including an existing kitchen prep area that offers excellent potential for introducing fresh food service, a deli operation, or other additional revenue streams. Its high-traffic location creates strong opportunities to expand product offerings, add complementary services, and further increase customer volume and profitability.
With a long-established presence in the community, excellent visibility, and significant upside potential, this is an outstanding investment opportunity for an owner-operator or investor seeking to grow an already successful business.
Don’t miss this rare chance to acquire a well-established neighborhood convenience store and gas station that continues to serve as an essential part of the local community.
The business features a spacious layout with room for future expansion, including an existing kitchen prep area that offers excellent potential for introducing fresh food service, a deli operation, or other additional revenue streams. Its high-traffic location creates strong opportunities to expand product offerings, add complementary services, and further increase customer volume and profitability.
With a long-established presence in the community, excellent visibility, and significant upside potential, this is an outstanding investment opportunity for an owner-operator or investor seeking to grow an already successful business.
Don’t miss this rare chance to acquire a well-established neighborhood convenience store and gas station that continues to serve as an essential part of the local community.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
4,500 SF
Building Class
C
Year Built
1988
Price
$650,000
Price Per SF
$144.44
Cap Rate
20%
NOI
$130,000
Business Value
$650,000
Tenancy
Single
Building Height
1 Story
Slab To Slab
9’
Building FAR
0.11
Lot Size
0.92 AC
Zoning
B-2 - Community Business Dis.
Parking
15 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
428’ on Whitmore Ave
Amenities
- Bus Line
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Praise Chapel Wahiawa
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Praise Chapel Wahiawa | Services | - | - | - |
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-7-1-006-001-0000 | Improvements Assessment | $490,900 |
| Land Assessment | $1,734,400 | Total Assessment | $2,225,300 |
Property Taxes
Parcel Number
1-7-1-006-001-0000
Land Assessment
$1,734,400
Improvements Assessment
$490,900
Total Assessment
$2,225,300
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Presented by
Realty Brokerage LLC.
Whitmore Market | 1203 Whitmore Ave
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