Professional Office Suite with
For Sale
$695,000
222 Vineyard Street, Honolulu, HI 96813
COMMERCIAL - Honolulu, HI
Property Size2,438 SF
Price / SF$285.07
Days on Market150
Property Features for 222 Vineyard Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
33 - BMX-3 Community Business M
Parking
2
Parking features
Assigned
Interior features
Handicap Access
Accessibility
Accessible Approach with Ramp
Subdivision
DOWNTOWN
Elementary school
Royal
Middle school
Keelikolani
High school
Mckinley
Standard status
Active
APN
1-2-1-018-042-0024
Taxes and HOA fees
Tax Annual Amount
7475
Utilities
Utilities
Electricity Available
Cooling system
Central Air
Building Details
Year built
1981
Floors in Building
3
Building materials
Concrete
Listing Agency:
REMAX Hawaii · Better Homes and Gardens Real Estate
(808) 738-3600
Listed By:
Jason Hepton · License #RS-85422
(808) 501-9635
Added: Mar 5
Changed: Jun 10
Last Checked: Aug 2 at 2:06AM
MLS# 202605050
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.
This office suite is configured as a large open office with storage, conference rooms, a reception area, and multiple restrooms. The offering includes PH3 and PH4 to be sold together for a combined 2,438 SF.
The building is BMX-4 zoning for residential or office use. Each unit includes two covered parking stalls, and the owner also rented additional parking from St. Andrews School/Church. The project is described as quiet and is accessed from Vineyard Street off Queen Emma St.
The space is set up for professional office use with dedicated common improvements including restrooms and meeting areas, along with parking to support daily employee and visitor access.
The building is BMX-4 zoning for residential or office use. Each unit includes two covered parking stalls, and the owner also rented additional parking from St. Andrews School/Church. The project is described as quiet and is accessed from Vineyard Street off Queen Emma St.
The space is set up for professional office use with dedicated common improvements including restrooms and meeting areas, along with parking to support daily employee and visitor access.
Key Highlights
- Large 2,438 SF open office space with storage, conference rooms, multiple restrooms, and reception area.
- BMX‑4 zoning allows for residential or office use.
- Two covered parking stalls included with each unit.
Financial Insights For Office B
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 | $95.1k | $39.00 |
| − Vacancy | −$11.9k | −$4.88 |
| EGI | $83.2k | $34.13 |
| − OpEx | −$20.8k | −$8.53 |
| NOI | $62.4k | $25.59 |
2,438 SF · lease $39.00/SF/yr · vacancy 12.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$891.4K
$780.0K – $1.04M
NOI $62,398 @ 7.0% cap · market cap 8.98%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$987.7K
$864.3K – $1.15M
NOI $69,142 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Demographics for 96813, HI
27,372
Population
13,511
Households
2
Avg Household Size
43
Median Age
48%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
7,603
Density / Sq Mi
$87,799
Median Household Income
$57,619
Median Earnings
$1,821
Median Rent
$804,100
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?
Office units - Office space offers open work area, conference rooms, reception, storage, and multiple restrooms with two covered stalls.
Where is this office units located?
The property is located at 222 Vineyard Street Honolulu, HI.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Large 2,438 SF open office space with storage, conference rooms, multiple restrooms, and reception area.; BMX‑4 zoning allows for residential or office use.; Two covered parking stalls included with each unit.
