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501 Sumner St 39,061 SF Office Condo Unit Offered at $11,250,000 in Honolulu, HI 96817
Investment Highlights
- Owner-Operator Opportunity: Acquire a fully functional, move-in ready facility and immediately eliminate the cost and uncertainty of leasing.
- Prime Location: Situated on the periphery of Downtown Honolulu, 501 Sumner Street offers exceptional accessibility across the island.
- Ample Parking: Current ground floor warehouse is used as parking - 54 stalls.
- Asset Quality: A well-maintained and highly modernized space featuring top-of-the-line technological infrastructure and security upgrades.
- Transit Oriented Development: Located within the heart of Honolulu’s Downtown TOD corridor, this property is well-positioned to benefit.
Executive Summary
Colliers International is pleased to present an exceptional opportunity to acquire a turn-key office condominium in the heart of Honolulu’s Downtown Transit Oriented Development (TOD) District. Strategically positioned at 501 Sumner Street, this fully modernized, move-in ready facility offers an owner-operator the rare ability to control occupancy costs, eliminate leasing uncertainty, and build long-term equity in one of Oahu’s most dynamic and evolving urban corridors. Spanning 39,061 square feet across the first and second floors, the property offers exceptional flexibility to reposition the asset to suit a variety of operational needs. The fully built-out second floor features a thoughtfully designed office environment complete with multiple private offices, a large conference room capable of supporting training and group sessions, and a full kitchen and employee breakroom. The ground floor offers the versatility to function as industrial warehouse space, creating a rare opportunity for users seeking a combined office and warehouse footprint — delivering a truly turnkey solution for the discerning owner-occupant.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | (1) 1-5-12-1-29 |
| Sale Type | Investment |
| APN/Parcel ID | (1) 1-5-12-1-29 |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 620 | 39,061 SF | Office | $11,250,000 ($288.01/SF) | - |
Unit 620
| Unit Size |
| 39,061 SF |
| Condo Use |
| Office |
| Price |
| $11,250,000 ($288.01/SF) |
| NOI |
| - |
Unit 620
| Unit Size | 39,061 SF |
| Condo Use | Office |
| Price | $11,250,000 ($288.01/SF) |
| NOI | - |
| Sale Type | Investment |
| APN/Parcel ID | (1) 1-5-12-1-29 |
| Description | |
| 501 Sumner Street, Suite 620, is a commercial office suite located within a multi-tenant professional building in Honolulu’s Iwilei/Kalihi business district. The property benefits from a Central Oahu location with convenient access to Downtown Honolulu, Honolulu Harbor, major transportation routes, and a wide range of commercial services. The surrounding area consists of office, industrial, retail, and business-support uses, making it a well-established employment and commercial center. Minutes from Costco, Lowe’s, Home Depot, and Best Buy. (Fee Simple) |
Property Facts
| Total Building Size | 232,019 SF | Typical Floor Size | 9,608 SF |
| Property Type | Industrial (Condo) | Year Built | 1967 |
| Property Subtype | Warehouse | Lot Size | 6.71 AC |
| Building Class | C | Parking Ratio | 0.42/1,000 SF |
| Floors | 2 | Opportunity Zone |
Yes
|
| Zoning | IMX-1 | ||
| Total Building Size | 232,019 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| 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 |
Sustainability
Sustainability
ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.
