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    98-1247 Kaahumanu St Aiea, HI 96701

    For Sale
    $708,000

    High-Demand Medical Office Space in Aiea

    Property size:
    1,388 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 1,388 square foot mixed-use property, located at 98-1247 Kaahumanu Street Unit 203 in Aiea, Hawaii, presents a unique investment opportunity. Situated on a 2.87-acre lot, this fully equipped medical office is currently tenant-occupied, generating immediate income. The space boasts a comprehensive layout ideal for medical practices, featuring a dedicated X-Ray room, three examination rooms, a private office, a room with a built-in sink, a spacious waiting area, a front reception area also equipped with a sink, and a private restroom. The building offers ample parking, a significant advantage for both patients and staff, and benefits from convenient freeway access, ensuring easy commutes for everyone. The property's current tenant, CALVIN S. OISHI M.D. INC., demonstrates the strong demand for this type of space in the Aiea market. This turnkey operation is ready for a new owner to step in and benefit from the existing lease. The asking price is $708,000. Serious inquiries only

    Property Features for 98-1247 Kaahumanu St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,388 SF
    Lot Size
    125,017 SF

    Building Details

    Year Built
    1974
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hawaii cancer care Oncologist Island Eye Center: ... Doctor Hamasaki Craig Y ... Internist Edwin Y Endo, ... Optometrist Edwin Y Endo, ... Optometrist

    Map

    City
    Aiea
    County
    Oahu
    State
    Hawaii
    Longitude
    -157.9532
    Latitude
    21.38846

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    FAQs

    What type of property is this?
    Mixed-use property - High-Demand Medical Office Space in Aiea
    Where is this mixed-use property located?
    The property is located at 98-1247 Kaahumanu St Aiea, HI.
    What is the asking price?
    The asking price for this property is $708,000.
    (808) 392-1906
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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.

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    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
    98-1247 Kaahumanu St Aiea, HI 96701
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