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    1126 12Th Ave Honolulu, HI 96816

    Sponsored
    For Sale
    $6,100,000

    High-Occupancy Retail & Office Space

    Property size:
    10,990 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This three-story mixed-use building at 1126 12th Avenue, Honolulu, Hawaii, presents a compelling investment opportunity. Spanning 10,990 square feet on a 0.13-acre lot, the property offers 9,523 square feet of leasable space currently boasting a 96% occupancy rate. Situated in the desirable Kaimuki neighborhood, this asset benefits from a vibrant local atmosphere, surrounded by a diverse mix of restaurants, shops, and cafes. The building's prime location provides easy access to both Waikiki and downtown Honolulu, while maintaining a distinct community feel. While on-site parking is not available, the building's rear offers convenient access to a nearby municipal parking lot, a common arrangement in this busy area. The asking price for this established retail and office building is $6,100,000. This property represents a strong investment in a thriving Honolulu neighborhood with high demand for commercial space. The building's high occupancy rate and desirable location make it an attractive prospect for investors seeking a stable and potentially appreciating asset. The mixed-use nature of the property also offers flexibility for future tenants and potential income diversification.

    Property Features for 1126 12Th Ave

    General Information

    Property type
    Retail properties
    Square Feet
    10,990 SF
    Lot Size
    5,663 SF

    Building Details

    Year Built
    1962
    Property Profile Location Intelligence

    Current Use by Public Records

    The Ritual Grove Coworking Space Dahlia Bursell Acupuncture Acupuncture Clinic Alternative Health Alternative Medicine Practitioner Miso 808 Meditate Meditation Center Ebisu Y & Associates General Contractor

    Map

    City
    Honolulu
    County
    Oahu
    State
    Hawaii
    Longitude
    -157.7995
    Latitude
    21.28183

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    FAQs

    What type of property is this?
    Retail property - High-Occupancy Retail & Office Space
    Where is this retail property located?
    The property is located at 1126 12Th Ave Honolulu, HI.
    What is the asking price?
    The asking price for this property is $6,100,000.
    (808) 284-1010
    Request Owner's contact information
    1126 12Th Ave Honolulu, HI 96816
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1126 12Th Ave Honolulu, HI 96816
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