Ground-Floor Retail
For Sale
$330,000
1750 Kalakaua Avenue, Honolulu, HI 96826
COMMERCIAL - Honolulu, HI
Property Size390 SF
Price / SF$846.15
Days on Market54
Property Features for 1750 Kalakaua Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
33 - BMX-3 Community Business M
Parking
1
Parking features
Assigned
Security features
Security
Subdivision
MCCULLY
Elementary school
Lunalilo
Middle school
Washington
High school
Kaimuki
Standard status
Active
APN
1-2-3-032-007-0003
Taxes and HOA fees
Tax Annual Amount
2484
Utilities
Utilities
Electricity Available
Cooling system
Central Air
Building Details
Year built
1978
Floors in Building
1
Flooring type
Wood
Building materials
Concrete
Listing Agency:
Open Door
(808) 304-6100
Listed By:
Kazuhiro Maruko · License #RB-23150
(808) 304-6100
Added: Jun 10
Changed: Jun 30
Last Checked: Aug 2 at 11:06AM
MLS# 202611352
Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Rare fee simple, ground-floor commercial condo in the heart of Honolulu, directly across from the Hawaii Convention Center. Unit 103 is a 390 SF storefront previously operated as a salon and is suited for a range of service-oriented uses based on BMX-3 zoning, including a nail/hair salon, esthetics studio, professional office, or service business.
The concrete building has wood flooring and central air. Utilities include electricity available. The unit includes assigned parking stall #12 on the same floor as the unit, and the building provides ample guest parking. A secure building supports day-to-day operations.
Unit 103 is offered sold AS IS. The maintenance fee includes water and sewer service, helping streamline monthly building-related costs without a separate water/sewer line item.
The concrete building has wood flooring and central air. Utilities include electricity available. The unit includes assigned parking stall #12 on the same floor as the unit, and the building provides ample guest parking. A secure building supports day-to-day operations.
Unit 103 is offered sold AS IS. The maintenance fee includes water and sewer service, helping streamline monthly building-related costs without a separate water/sewer line item.
Key Highlights
- Unit 103 ground‑floor storefront condo across from the Hawaii Convention Center
- 390 SF unit previously operated as a salon
- BMX‑3 zoning supporting nail/hair salon, esthetics, professional office, or service business
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.5k | $39.72 |
| − Vacancy | −$744 | −$1.91 |
| EGI | $14.7k | $37.81 |
| − OpEx | −$4.4k | −$11.34 |
| NOI | $10.3k | $26.47 |
390 SF · lease $39.72/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$147.5K
$129.0K – $172.1K
NOI $10,323 @ 7.0% cap · market cap 3.13%
Second Best
Office B
$142.6K
$124.8K – $166.4K
NOI $9,982 @ 7.0% cap · market cap 3.02%
Theoretical Best
Specialty Retail
$158.0K
$138.3K – $184.3K
NOI $11,060 @ 7.0% cap · market cap 3.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Demographics for 96826, HI
30,092
Population
16,564
Households
1.8
Avg Household Size
44
Median Age
38%
College-Educated
91%
High-School Grad
1.1 sq mi
ZIP Area
27,356
Density / Sq Mi
$67,743
Median Household Income
$44,393
Median Earnings
$1,604
Median Rent
$485,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Ground-floor storefront condo with central air and assigned parking stall in a secure building across from the convention center.
Where is this storefront property located?
The property is located at 1750 Kalakaua Avenue Honolulu, HI.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Unit 103 ground‑floor storefront condo across from the Hawaii Convention Center; 390 SF unit previously operated as a salon; BMX‑3 zoning supporting nail/hair salon, esthetics, professional office, or service business
