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Investment Highlights

  • Prime Corner Lot in a High-Demand Industrial Hub
  • Long-Term Value in a Supply-Constrained Market
  • Flexible Multi-Tenant Industrial Asset

Executive Summary

Rare opportunity to acquire a 19,414-square-foot corner lot in the heart of the urban core, ideally located at the intersection of Mokauea and Homerule Streets. This well-positioned asset is fully leased to three tenants at below-market rents, with all leases expiring December 31, 2029—offering a clear path to near-term upside, or owner/occupant.
The property is comprised of three distinct tenant spaces:
• Goya’s Auto (2,530 SF) – includes access to additional on-site parking
• Trade Publishing (8,034 SF) – turnkey, multi-level office with integrated warehouse and storage
• Ilio Products (2,680 SF) – warehouse space with private restroom, office, multiple roll-up doors, and exclusive access from Homerule Street
Surrounded by major industrial and commercial users, including Alicia’s Market, Amazon Distribution, Y. Hata & Company, Koha Foods, Costco Wholesale, and Nico’s at Pier 38, the property benefits from a highly functional and central location. Just minutes from the Downtown CBD, less than one mile to Honolulu Harbor, and approximately 10 minutes to Honolulu International Airport.

Property Facts

Price $5,500,000
Price Per SF $415.28
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 0.45 AC
Rentable Building Area 13,244 SF
No. Stories 2
Year Built 1952
Parking Ratio 0.76/1,000 SF
No. Drive In / Grade-Level Doors 6
Opportunity Zone Yes
Zoning I-2 - I-2 (INTENSIVE INDUSTRIAL)

Amenities

  • Controlled Access
  • Fenced Lot
  • Front Loading
  • Storage Space
  • Monument Signage
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
1-1-2-005-056-0000
Land Assessment
$4,351,500
Improvements Assessment
$929,000
Total Assessment
$5,280,500
  • Listing ID: 40587698

  • Date on Market: 5/19/2026

  • Last Updated:

  • Address: 287 Mokauea St, Honolulu, HI 96819

Contact the Sale Advisor

Freestanding Investment Opportunity | 287 Mokauea St

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