Honolulu Office Building For
For Sale
$7,800,000
1136 Union Mall, Honolulu, HI 96813
Office building in Honolulu's Central Business District with redevelopment potential.
Property SizeContact for details
Days on Market152
Property Features for 1136 Union Mall
General Information
Standard status
Active
Property subtype
Office
Building Details
Year Built
1966
Listing Agency:
(808) 256-3506
Listed By:
Daniel Jarrett III · License #HI #RS-63586
(808) 256-3506
Source:
Naiglobal
Added: Mar 6
Changed: Jul 6
Last Checked: Aug 5 at 4:57AM
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 Daniel Jarrett III
Investment Insights
Based on property information with market context.
Located just off Bishop Street on Union Mall in the heart of Honolulu’s Central Business District, this multizone building is offered at a reduced price of $7,800,000, which equates to $125 per square foot. The property features under market rents and a stable tenant base. A new co-working/flex office floor was added in 2021. The BMX-4 zoning provides flexibility for redevelopment opportunities. Furthermore, there are over 500 units of workforce residential apartments being built next door. The replacement cost is estimated at $21,000,000, based on $350 per square foot for land and $300 per square foot for the building.
Key Highlights
- Significant Price Reduction: Listed at $7.8 million ($125/sf), substantially below replacement cost.
- Under Market Rents: Opportunity to increase revenue by adjusting rents to market rates.
- BMX‑4 Zoning: Offers maximum flexibility for future redevelopment projects.
Property Analytics
Property Profile
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 Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building in Honolulu's Central Business District with redevelopment potential.
Where is this office building located?
The property is located at 1136 Union Mall Honolulu, HI.
What is the asking price?
The asking price for this property is $7,800,000.
What are key features of this property?
This property features: Significant Price Reduction: Listed at $7.8 million ($125/sf), substantially below replacement cost.; Under Market Rents: Opportunity to increase revenue by adjusting rents to market rates.; BMX‑4 Zoning: Offers maximum flexibility for future redevelopment projects.
