Standard Commercial LLC is pleased to present a rare opportunity to acquire the fee simple interest in the Liliha Professional Building, a multi-tenant medical office property located in the heart of urban Honolulu, Hawaii. The property totals 40,296 square feet of gross leasable area and is currently 82% leased to seventeen tenants. It offers ample on-site parking with 194 stalls. The building recently underwent over $1 million in capital improvements, making it a turnkey opportunity for a new owner. An owner-user can secure one of the few outpatient facilities available in urban Honolulu while generating income from existing tenants. Alternatively, a value-add investor can pursue lease-up, repositioning, or condominium conversion, supported by strong in-place cash flow. PROPERTY HIGHLIGHTS •FUNCTIONAL FLOOR PLATES with contiguous vacant spaces and ample infrastructure allow an owner-user to easily take occupancy • INDIVIDUAL ELECTRIC METERS for each space • RENOVATED COMMON AREAS | Ground floor lobby was completely redone to accentuate a modern design as well as common area hallways on upper floors which had new paint, carpet, and signage • BUILT-OUT CLINICAL SPACES | Ample in-place plumbing and functional layouts facilitate leasing to medical tenants • AMPLE TENANT & CUSTOMER PARKING | Three-story parking garage plus an exterior surface lot provide adequate parking for tenants and visitors • ADA COMPLIANT RESTROOMS in the common areas • STABLE EXISTING OCCUPANCY home to thriving businesses and respected long-term medical practitioners • ELEVATORS have undergone modernization project • BRAND NEW CHILLER installed in 2020 • ON-SITE PHARMACY (WALGREENS) AND LABORATORY (CLINICAL LABS) SERVICES • IRREPLACEABLE LOCATION in the heart of urban Honolulu with immediate access to the H1 freeway