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Investment Highlights
- Excellent Street Visibility
- Ideal Location in between Waikiki and Ala Moana
- Rare Redevelopment Opportunity
Executive Summary
Build the next landmark on the iconic Kalakaua Avenue! 1694 Kalakaua Avenue presents a rare redevelopment and investment opportunity along one of Honolulu’s premier commercial corridors. The offering includes a BMX-3 zoned 12,932 SF lot, improved with an existing 7,843 SF mixed-use building. Also included is an “adjacent A-2 zoned 7,497 SF stream lot.” With strong visibility, street frontage, and a prime location near Waikiki and Ala Moana, this property offers exceptional potential for investors, developers, and owner-users.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
7,843 SF
Building Class
C
Year Built
1948
Price
$6,800,000
Price Per SF
$867.02
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.60
Lot Size
0.30 AC
Zoning
BMX-3/A-2 - BMX-3 & A-2 Joint Development The subject property consists of two contiguous parcels with complementary zoning designations that have been maximized.
Parking
13 Spaces (1.66 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Amina Pizzeria
- Accommodation and Food Services
- -
- -
- -
- -
- Beach Spa LLC
- Arts, Entertainment, and Recreation
- -
- -
- -
- -
- Cigarette Collection
- Retailer
- -
- -
- -
- -
- Hawaii Acupuncture Clinic
- Health Care and Social Assistance
- -
- -
- -
- -
- Hu's Trading
- Retailer
- -
- -
- -
- -
- Joe Kim Kimchi
- -
- -
- -
- Triple Net
- -
- Machete's Mean Sandwiches
- Retailer
- -
- -
- -
- -
- Moped Garage
- -
- -
- -
- Triple Net
- -
- Pho Bistro 2
- Accommodation and Food Services
- -
- -
- -
- -
- Waikiki Pawn
- -
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Amina Pizzeria | Accommodation and Food Services | - | - | - | - | |
| Beach Spa LLC | Arts, Entertainment, and Recreation | - | - | - | - | |
| Cigarette Collection | Retailer | - | - | - | - | |
| Hawaii Acupuncture Clinic | Health Care and Social Assistance | - | - | - | - | |
| Hu's Trading | Retailer | - | - | - | - | |
| Joe Kim Kimchi | - | - | - | Triple Net | - | |
| Machete's Mean Sandwiches | Retailer | - | - | - | - | |
| Moped Garage | - | - | - | Triple Net | - | |
| Pho Bistro 2 | Accommodation and Food Services | - | - | - | - | |
| Waikiki Pawn | - | - | - | - | - |
Exceptionally walkable
100/100
Fairly drivable
40/100
Good public transit
70/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $805,300 | |
| Land Assessment | $4,391,700 | Total Assessment | $5,197,000 |
Property Taxes
Parcel Numbers
Land Assessment
$4,391,700
Improvements Assessment
$805,300
Total Assessment
$5,197,000
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