3036 Waialae Ave - Restaurant FOR SALE


Honolulu, HI 96816- Diamond Head-Kapahulu-St Louis
$8,950,000 USD
808-372-2482
3036 Waialae Ave, Honolulu, HI for Sale
$8,950,000 USD
Restaurant - FOR SALE
1/20
null | 4.83% Cap Rate


OVERVIEW

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: 1-2-8-028-037, MLS 202511158), 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.

FOR SALE DETAILS

PRICE

$8,950,000 USD

PRICE/SF

$3,196 USD /SF

CAP RATE

4.83%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

B-2

APN/PARCEL ID

1-2-8-028-037-0000

ASK ABOUT THIS PROPERTY

Charles ShinHi Choice RealtyMore Info
808-372-2482

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Charles ShinHi Choice RealtyMore Info
808-372-2482

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