Restaurant Space with Equipped
For Sale
$200,000
108-400 Keawe St, Honolulu, HI 96813
Restaurant layout combines food-preparation space and dining areas, with kitchen equipment already in place.
Property Size1,200 SF
Price / SF$166.67
Days on Market11
Property Features for 108-400 Keawe St
General Information
Standard status
Active
Size
1,200 SF
Taxes and HOA fees
Annual Taxes
$5,844
Listing Agency:
Hawaiian Joy LLC
(808) 923-1888
Listed By:
Yuki L Kawai · License #RS-74229
(808) 589-7027
Source:
Exprealty
Added: Oct 6
Changed: Oct 15
Last Checked: Oct 16 at 1:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hawaiian Joy LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Approximately 1,200 square feet are arranged for restaurant use, with kitchen and dining areas. The kitchen contains maintained equipment, supporting a range of quick-service and dine-in formats.
In Kakaʻako, the property is near residential condominiums and established businesses, including One Waterfront Tower, Keauhou Place, and The Collection. Additional condominium projects are planned nearby.
In Kakaʻako, the property is near residential condominiums and established businesses, including One Waterfront Tower, Keauhou Place, and The Collection. Additional condominium projects are planned nearby.
Key Highlights
- Approximately 1,200 square feet of restaurant space
- Equipped kitchen with maintained equipment
- Kitchen and dining areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,746
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,920
$314.9K
Cap Rate 7%
$224,943
$224.9K
Cap Rate 9%
$174,956
$175.0K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$22.8K $18.96/SF
− Vacancy
−$257 −$0.21/SF
EGI
$22.5K $18.75/SF
− OpEx
−$6.7K −$5.62/SF
NOI
$15.7K $13.12/SF
Area
Honolulu County, HI
Vacancy
1.13%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,920
Cap Rate 7%
$224,943
Cap Rate 9%
$174,956
Alternative Uses
Best Use
Specialty Retail
$486.2K
$425.4K – $567.2K
NOI $34,032 @ 7.0% cap · market cap 17.02%
Second Best
Industrial
$224.9K
$196.8K – $262.4K
NOI $15,746 @ 7.0% cap · market cap 7.87%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
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 Retail in West region
Frequently Asked Questions
What type of property is this?
Restaurant - Restaurant layout combines food-preparation space and dining areas, with kitchen equipment already in place.
Where is this restaurant located?
The property is located at 108-400 Keawe St Honolulu, HI.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Approximately 1,200 square feet of restaurant space; Equipped kitchen with maintained equipment; Kitchen and dining areas
