3036 Waialae Avenue, Honolulu, HI 96816
- $9,600,000
- List Price
- $9,600,000
- Days on Market
- 98
- MLS#
- 202511158
- Status
- ACTIVE
- Type
- Commercial
- Building
- N/A
- Land Area
- 9,409
- Land Tenure
- FS - Fee Simple
- Neighborhood
- University
- Subdivision
- University
Property Description
Prime Commercial Property Investment Opportunity Located in the Heart of Kaimuki | Near UH Manoa | Across from City Mill Kaimuki Presenting a rare opportunity to acquire a high-performing commercial asset in one of Honolulu’s most dynamic and desirable neighborhoods — Kaimuki. This offering consists of two adjacent lots (TMK: 1-2-8-028-026, MLS 202509693), which must be sold together, and the listing price is the combined price of the two lots. Property Highlights: 6 commercial units currently occupied by 5 restaurants and 1 hair salon. 100% leased and fully operational 20 on-site parking stalls — a rare amenity in this high-traffic area Current Cap Rate: 4.5% Zoning and location support strong long-term potential for rent growth and property value appreciation Ideally situated just minutes from the University of Hawai‘i at Manoa and directly across the street from City Mill Kaimuki, this property benefits from constant foot traffic, local demand, and excellent visibility.
/u.realgeeks.media/hawaiipropertiesonline/logo-footer.png){kind=logo}
Additional Information
- Island
- Oahu
- Utilities
- Electricity Available, Natural Gas Available, Sewer Connected
- Lot Size
- 9,409
- Construction Materials
- Block, Concrete, See Remarks, Tilt-Up
- Neighborhood
- University
- Year Built
- 1962
- Building Name
- N/A
- Sewer
- Connected
- Parking Features
- On Site, Unassigned
- Stories
- 1
- Assessed Total
- 2624000
Mortgage Calculator
Listing courtesy of HI Choice Realty.
Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2025 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Contact: (808) 545-4989