111 N Hotel St - Storefront Retail/Residential FOR SALE


Honolulu, HI 96817- Downtown Honolulu
$4,000,000 USD
808-218-8318
111 N Hotel St, Honolulu, HI for Sale
$4,000,000 USD
Storefront Retail/Residential - FOR SALE
1/2
null | Request Cap Rate

111 N Hotel St
Honolulu, HI 96817
Downtown Honolulu


HIGHLIGHTS

  • Iconic & historic building
  • Prime corner location in Chinatown
  • Vibrant & thriving nightlife scene
  • Be a part of bringing Wo Fat to life

OVERVIEW

The Wo Fat Building is one of the most defining landmarks in Honolulu’s Chinatown, capturing the essence of its history and cultural roots. Founded in 1882, it was rebuilt twice on the same site following the fires of 1886 and 1900. In 1938, Y. T. Char redesigned the structure, incorporating popular Art Deco features of the period, mixed with other stylistic elements that reflected its prominent spot in Chinatown. Its striking architecture, with classical Chinese motifs and a pagoda-style roof, stands as a reminder of Honolulu’s unique multicultural blend. Wo Fat was the oldest operating restaurant in Hawaii before its closure in 2009. After the restaurant’s closure, the ground floor was converted into a supermarket, and the upper floor was used as a showroom for concerts. Recently, the upper level of the Wo Fat Building was home to a gallery and nightclub called The Loft, which is now closed. The Wo Fat Building was purchased in 2017 by a partnership of June Jones, Dickie Chang, and Donald Kenney of Mighty Wo Fat, LLC, with the idea of creating a chic boutique hotel with a lobby bar and restaurant. The building began its renovation in 2022 and has been partially completed to include a full bar and restaurant on the ground floor and 23 guest suites. This is your chance to be a part of the completion and to see this popular and iconic destination reach its glory.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$242 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

STATUS

Under Renovation

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Wo Fat Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1939

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,255 SF

ZONING

BMX-4

APN/PARCEL ID

1-1-7-003-026-0000

ASK ABOUT THIS PROPERTY

Jay ElickerCommercial Asset AdvisorsMore Info
808-218-8318

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Jay ElickerCommercial Asset AdvisorsMore Info
808-218-8318

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.