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1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 421
  • 5,322 SF
  • Industrial
  • $1,850,000 ($347.61/SF)
  • $92,500
Sale Type Investment or Owner User
Cap Rate 5.00%
Sale Conditions Lease Option
Sale Notes
Rare opportunity to own a unique flex space (office and industrial uses) near Downtown Honolulu. Located at 501 Sumner Street in the Iwilei Business Center, this property consists of approximately 5,322 square feet of flex space w/parking out front. It is conveniently located in Iwilei, with quick access to the H-1 Freeway and Nimitz Highway. On top of that, a Skyline Honolulu rail transit station is anticipated to be built within walking distance to this flex space and it is just a few minutes drive to the Daniel K. Inouye Honolulu International Airport, while being near Costco, Home Depot and Lowes.
Unit Unit Size Condo Use Price NOI
Unit 421 5,322 SF Industrial $1,850,000 ($347.61/SF) $92,500

Unit 421

Unit Size
5,322 SF
Condo Use
Industrial
Price
$1,850,000 ($347.61/SF)
NOI
$92,500

Unit 421

Unit Size 5,322 SF
Condo Use Industrial
Price $1,850,000 ($347.61/SF)
NOI $92,500
Sale Type Investment or Owner User
Cap Rate 5.00%
Sale Conditions Lease Option
Sale Notes
Rare opportunity to own a unique flex space (office and industrial uses) near Downtown Honolulu. Located at 501 Sumner Street in the Iwilei Business Center, this property consists of approximately 5,322 square feet of flex space w/parking out front. It is conveniently located in Iwilei, with quick access to the H-1 Freeway and Nimitz Highway. On top of that, a Skyline Honolulu rail transit station is anticipated to be built within walking distance to this flex space and it is just a few minutes drive to the Daniel K. Inouye Honolulu International Airport, while being near Costco, Home Depot and Lowes.</li></ul>

Property Facts

The following property facts and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 232,019 SF
Property Type Industrial (Condo)
Property Subtype
Warehouse
  • Flex Research & Development
  • OfficeLoft Creative Space
  • Industrial Service
Building Class C
Floors 2
Typical Floor Size 9,608 SF
Year Built 1967
Lot Size 6.71 AC
Parking Ratio 0.42/1,000 SF
Opportunity Zone Yes
Zoning IMX-1

Utilities

  • Water
  • Sewer
Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100
  • Listing ID: 41145756

  • Date on Market: 7/2/2026

  • Last Updated:

  • Address: 501 Sumner St, Honolulu, HI 96817

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