Second-Floor Office
1210 Artesian Street # 201/202, Honolulu, HI 96826
For Sale
New
Contact for pricing
Two adjoining suites can operate separately or as a combined office, with private rooms and dedicated parking.
Property Size2,378 SF
Price / SF$4.05
Days on Market4
Property Features for 1210 Artesian Street # 201/202
General Information
Standard status
Size
Zoning
Site & Location
Neighborhood
Additional Details
Floor
Office Units
Taxes and HOA fees
Annual Taxes
Amenities
Other
2
true
7621
4
Assigned,On Site
City Street
2378
Building Details
Building Size
Year Built
Stories
Listing Agency:
(808) 201-2940
Listed By:
Margaret Lim
Source:
Praisegodrealty
Added: Nov 7
Changed: Nov 8
Last Checked: Nov 9 at 9:51AM
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 Margaret Lim
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Investment Insights
Based on property information with market context.
Two office suites occupy the second floor at 1210 Artesian Street in Honolulu. Unit 201 measures 1,278 square feet and has an open layout, three private offices, a private bathroom, and a rear entrance. Unit 202 contains 1,100 square feet, a separated work area, four private offices, a private bathroom, a sink, and storage. A connecting door allows the suites to function together or independently. Both units have large windows, and each includes two tandem parking stalls; additional stalls are available to rent.
The property is identified as being in the 05 - R-5 Residential District. The suites were built in 1982 and are situated on Artesian Street. The listing describes office, retail, and medical use potential.
The property is identified as being in the 05 - R-5 Residential District. The suites were built in 1982 and are situated on Artesian Street. The listing describes office, retail, and medical use potential.
Key Highlights
- Unit 201: 1,278sqft with 3 private offices, private bathroom, and rear entrance
- Unit 202: 1,100sqft with 4 private offices, private bathroom, sink, and storage
- Two second‑floor suites connect through an interior door and may be used separately or together
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,862
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,217,240
$1.2M
Cap Rate 7%
$869,457
$869.5K
Cap Rate 9%
$676,244
$676.2K
Market Conditions
NOI Build-Up for 2,378 SF
Gross rent
$92.7K $39.00/SF
− Vacancy
−$11.6K −$4.88/SF
EGI
$81.1K $34.13/SF
− OpEx
−$20.3K −$8.53/SF
NOI
$60.9K $25.59/SF
Area
Honolulu County, HI
Vacancy
12.50%
Lease Rate
$39.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,217,240
Cap Rate 7%
$869,457
Cap Rate 9%
$676,244
Alternative Uses
Best Use
Office B
$869.5K
$760.8K – $1.01M
NOI $60,862 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$963.4K
$843.0K – $1.12M
NOI $67,440 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Office units
Location Intelligence
Demographics for 96826, HI
30,092
Population
16,564
Households
1.8
Avg Household Size
44
Median Age
38%
College-Educated
91%
High-School Grad
1.1 sq mi
ZIP Area
27,356
Density / Sq Mi
$67,743
Median Household Income
$44,393
Median Earnings
$1,604
Median Rent
$485,200
Median Home Value
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Market
Average Price Trend$/SF for Office Units in Honolulu, HI
Properties on Market for Office Units in Honolulu
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Two adjoining suites can operate separately or as a combined office, with private rooms and dedicated parking.
Where is this office unit located?
The property is located at 1210 Artesian Street # 201/202 Honolulu, HI.
What are key features of this property?
This property features: Unit 201: 1,278sqft with 3 private offices, private bathroom, and rear entrance; Unit 202: 1,100sqft with 4 private offices, private bathroom, sink, and storage; Two second‑floor suites connect through an interior door and may be used separately or together
