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2020 S King St Honolulu, HI 96826

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For Sale
$4,500,000

Mixed-use property with redevelopment potential near Waikiki and University of Hawaii.

Property Features for 2020 S King St

General Information

Standard status
Active

Building Details

Year built
1972

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Listing Contact
Kay K Nakano
Source: Corcoran

Listing Agency: GRAHAM PROPERTIES, INC. Listing Agent: Kay K Nakano

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Honolulu Mixed-Use Redevelopment Opportunity

This mixed-use property is currently leased to an architectural firm on a month-to-month basis, generating approximately $9,000 per month. This arrangement allows flexibility for future redevelopment while maintaining cash flow. The property features 15 existing parking stalls, with the potential for reconfiguration to increase capacity. Street parking is also available. Zoned BMX-3 (Community Business Mixed-Use), the property allows for a mix of residential, retail, office, and other commercial uses. The Floor Area Ratio (FAR) is 2.5, expandable to 3.5 with open space bonuses, allowing for significant vertical development. The height limit is 150 feet, making it suitable for mid-rise or high-rise development. The property may qualify for higher-density affordable housing incentives under Bill 7, encouraging investment in residential development. Its proximity to Waikiki, the University of Hawaii, and major retail and dining corridors makes it highly desirable for commercial or mixed-use projects.
Location Intelligence

Current Use by Public Records

Dm Pacific, Inc. Construction Company Pacific Architects Inc Architect Hawaii Ishizuchi Shrine Temple

Map

City
Honolulu
County
Honolulu
State
Hawaii
Longitude
-157.8294679
Latitude
21.2949803

FAQs

What type of property is this?
Mixed-use property - Mixed-use property with redevelopment potential near Waikiki and University of Hawaii.
Where is this mixed-use property located?
The property is located at 2020 S King St Honolulu, HI.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: - High-density redevelopment potential with BMX-3 zoning allowing mixed-use development.; - Significant vertical development potential with a 150-foot height limit and FAR expandable to 3.5.; - Existing month-to-month lease to a prominent architectural firm generating $9,000/month in rental income.
More about this property
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