Convenience Store Redevelopment
For Sale
Contact for pricing
44-740 Kaneohe Bay Dr, Kaneohe, HI 96744
Fee-simple site with an operating convenience store and B-1 zoning, positioned along Kaneohe Bay Drive with daily traffic.
Property Size1,475 SF
Lot Size0.23 Acres
Days on Market136
Property Features for 44-740 Kaneohe Bay Dr
General Information
Standard status
Active
Size
1,475 SF
Lot size
0.23 Acres
Property subtype
Retail, Land
Zoning
B-1
Additional Details
Traffic Count
20,500 vehicles/day
Listing Agency:
Cushman & Wakefield ChaneyBrooks
Listed By:
William "Pete" Alpeter
Source:
Crexi
Added: Apr 10
Changed: Aug 14
Last Checked: Aug 14 at 7:58AM
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 Cushman & Wakefield ChaneyBrooks
Investment Insights
Based on property information with market context.
This fee-simple site is currently occupied by a 1,475 SF convenience store, situated within a 10,001 SF parcel. The in-place lease expires in 2019, and the seller notes that an acquiring buyer or new tenant could draft plans and submit for building permits for their intended use, while offsetting ownership costs with rental revenue from the existing tenant.
The property is located along Kaneohe Bay Drive, described as a major thoroughfare with over 20,500 cars passing by daily. The seller also reports successful up-zoning of the property as the only B-1, neighborhood business district zoned parcel along Kaneohe Bay Drive, which has expanded the types of uses permitted on-site.
The current configuration offers a redevelopment path for investors, developers, and owner-users seeking a centrally located site with a tenancy in place through the lease expiration.
The property is located along Kaneohe Bay Drive, described as a major thoroughfare with over 20,500 cars passing by daily. The seller also reports successful up-zoning of the property as the only B-1, neighborhood business district zoned parcel along Kaneohe Bay Drive, which has expanded the types of uses permitted on-site.
The current configuration offers a redevelopment path for investors, developers, and owner-users seeking a centrally located site with a tenancy in place through the lease expiration.
Key Highlights
- Fee‑simple 10,001 SF site on Kaneohe Bay Drive with over 20,500 cars passing daily
- Currently occupied by a 1,475 SF convenience store
- Seller has up‑zoned the site to B‑1 neighborhood business district, the only B‑1 zoned property along Kaneohe Bay Drive
Property Analytics
Property Profile
Current Use
Lease Details
20,500 VPD
Traffic count
Location Intelligence
Demographics for 96744, HI
57,746
Population
18,695
Households
3.1
Avg Household Size
44
Median Age
40%
College-Educated
96%
High-School Grad
33.8 sq mi
ZIP Area
1,708
Density / Sq Mi
$129,263
Median Household Income
$56,395
Median Earnings
$2,410
Median Rent
$1,001,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Fee-simple site with an operating convenience store and B-1 zoning, positioned along Kaneohe Bay Drive with daily traffic.
Where is this grocery and convenience store located?
The property is located at 44-740 Kaneohe Bay Dr Kaneohe, HI.
What are key features of this property?
This property features: Fee‑simple 10,001 SF site on Kaneohe Bay Drive with over 20,500 cars passing daily; Currently occupied by a 1,475 SF convenience store; Seller has up‑zoned the site to B‑1 neighborhood business district, the only B‑1 zoned property along Kaneohe Bay Drive
