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Versatile Mixed-Use Building in Honolulu

1857 South King Street, Honolulu, HI 96826

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For Sale

$6,500,000

Mixed-use building with redevelopment and re-leasing opportunities.

Type:Office

Property size:

13,458 SF

Lot size:

0.14 Acres

Price / SF:

$482/SF

HighLights

Versatile mixed‑use building suitable for owner occupation, redevelopment, medical facilities, or re‑leasing.
Prime location on a major road in Honolulu with easy freeway access.
BMX‑3 zoning permits a wide range of commercial and residential uses.
Close proximity to UH Manoa, Ala Moana Shopping Mall, Waikiki, and downtown Honolulu.
Includes a top floor former restaurant space, two floors of office space, and two floors of secured parking.
Impressive 13,458 sq ft building on a 0.14‑acre land parcel.

We can help!

Listing Contact

Nicholas Paulic

For Sale

$6,500,000

Mixed-use building with redevelopment and re-leasing opportunities.

Type:Office

Property size:

13,458 SF

Lot size:

0.14 Acres

Price / SF:

$482/SF

Added:: Mar 25, 2026
Days on Market:: 89
Last Refresh:: Mar 18 at 9:52 am

Property Features for 1857 South King Street

General Information

Standard status: Active
Size: 13,458 SF
Lot size: 0.14 Acres
Property subtype: Office

We can help!

Listing Contact

Nicholas Paulic

Listing agent Nicholas Paulic License #RB-22952

Listing office CBRE - Honolulu

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 CBRE - Honolulu

HighLights

Versatile mixed‑use building suitable for owner occupation, redevelopment, medical facilities, or re‑leasing.
Prime location on a major road in Honolulu with easy freeway access.
BMX‑3 zoning permits a wide range of commercial and residential uses.
Close proximity to UH Manoa, Ala Moana Shopping Mall, Waikiki, and downtown Honolulu.
Includes a top floor former restaurant space, two floors of office space, and two floors of secured parking.
Impressive 13,458 sq ft building on a 0.14‑acre land parcel.

Overview

This versatile mixed-use building, constructed in 1993, offers a total area of 13,458 sq ft on a 0.14-acre land parcel. It features a former restaurant space on the top floor, two floors of office space, and two floors of secured parking. The property is optimally suited for various uses such as owner occupation, redevelopment, medical facilities, or re-leasing opportunities. The property's adaptability extends to accommodate both office and retail purposes, providing potential buyers with a great range of possibilities. Located on a major road in Honolulu, the property offers easy access to the freeway, making it an excellent choice for businesses desiring prominent visibility and accessibility. Its location is in close proximity to several key areas like UH Manoa, the vibrant Ala Moana Shopping Mall, Waikiki, and the bustling downtown area. The property is zoned as BMX-3, which refers to the Business Mixed Use District. This zoning permits a wide range of commercial and residential uses, further enhancing the property's versatility. Overall, this property offers a unique opportunity for businesses looking for a flexible space potential for an investor, owner-user, or redevelopment.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$534.6k	$39.72
− Vacancy	−$25.7k	−$1.91
EGI	$508.9k	$37.81
− OpEx	−$127.2k	−$9.45
NOI	$381.7k	$28.36

13,458 SF · lease $39.72/SF/yr · vacancy 4.80% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$5.45M

$4.77M – $6.36M (±1% cap)

NOI $381,670 @ 7.0% cap · market cap 5.87%

Second Best

Office B

$4.92M

$4.31M – $5.74M (±1% cap)

NOI $344,441 @ 7.0% cap · market cap 5.30%

Theoretical Best

—

same as Best Use

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Hikari Shiatsu Alternative Medicine Practice Sweet Dreams Skincare Medical Clinic Brazilian Waxing & Facials Hair Salon

Map

City: Honolulu
County: Honolulu
State: Hawaii
Longitude: -157.8771987
Latitude: 21.3314552

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For sale
Mixed-use properties
HI
Honolulu
96826
1857 South King Street

What type of property is this?

Mixed-use property - Mixed-use building with redevelopment and re-leasing opportunities.

Where is this mixed-use property located?

The property is located at 1857 South King Street Honolulu, HI.

What is the asking price?

The asking price for this property is $6,500,000.

What are key features of this property?

This property features: Versatile mixed‑use building suitable for owner occupation, redevelopment, medical facilities, or re‑leasing.; Prime location on a major road in Honolulu with easy freeway access.; BMX‑3 zoning permits a wide range of commercial and residential uses.