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    Honolulu Office Building Near Freeway Title is generated by Realmo AI

    1917 Colburn Street, Honolulu, HI 96819

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    For Sale
    $2,495,000

    Office building with convenient access to H-1 freeway and airport.

    Type:Office
    Property size:
    7,776 SF
    Price / SF:
    $320/SF
    Added:
    Mar 25, 2026
    Days on Market:
    105
    Last Refresh:
    Jul 4 at 12:10 am

    Property Features for 1917 Colburn Street

    General Information

    Standard status
    Active
    Size
    7,776 SF
    Property subtype
    Office

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    James Shipman

    Listing office

    Listing date Mar 25, 2026

    Source Cbre

    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 James Shipman

    HighLights

    • Convenient access to H‑1 freeway, Honolulu CBD, and the airport.
    • Full floors can be occupied/leased to single or multiple tenants.
    • Ample covered parking available.
    • Short walk to the new Kalihi Rail Station site.
    • Elevator servicing all floors.
    • Private restroom on each floor.

    Overview

    Located in the Kalihi area, just a block from Dillingham Boulevard, this property at 1917 Colburn Street offers convenient access to the H-1 freeway and is minutes from Honolulu’s central business district and the airport. The facility includes covered parking and an elevator servicing all floors. Air conditioning and private restrooms are available on each floor. Full floors can be occupied and/or leased to one or more tenants. Full floors can be leased individually or combined for a single tenant. Ample parking is available, along with a loading area. The property is within a short walk to the new Kalihi Rail Station site. The property size is 7776 square feet.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $303.3k $39.00
    − Vacancy −$37.9k −$4.88
    EGI $265.4k $34.13
    − OpEx −$66.3k −$8.53
    NOI $199.0k $25.59
    7,776 SF · lease $39.00/SF/yr · vacancy 12.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.84M
    $2.49M – $3.32M (±1% cap)
    NOI $199,017 @ 7.0% cap · market cap 7.98%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $3.15M
    $2.76M – $3.68M (±1% cap)
    NOI $220,528 @ 7.0% cap · market cap 8.84%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    AIM Hi Medical Clinic Rainbow Business Systems (Bike/Boat/Book/etc) Store Jeanell Corpuz Counselor

    Map

    City
    Honolulu
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.8822321
    Latitude
    21.3280586

    FAQs

    What type of property is this?
    Office building - Office building with convenient access to H-1 freeway and airport.
    Where is this office building located?
    The property is located at 1917 Colburn Street Honolulu, HI.
    What is the asking price?
    The asking price for this property is $2,495,000.
    What are key features of this property?
    This property features: Convenient access to H‑1 freeway, Honolulu CBD, and the airport.; Full floors can be occupied/leased to single or multiple tenants.; Ample covered parking available.
    More about this property
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