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Street-Level Office Suite

1g-1953 S Beretania St, Honolulu, HI 96817

For Sale
Contact for pricing

A 576-square-foot workspace includes its own climate control and shared amenities.

Property Size576 SF
Price / SF$4.78
Days on Market17

Property Features for 1g-1953 S Beretania St

General Information

Standard status Active
Size 576 SF

Space & Availability

Floor Ground Floor
Condition Turnkey

Site & Location

Neighborhood Chinatown

Additional Details

Property Use Office

Taxes and HOA fees

Annual Taxes $3,680

Amenities

independent climate control
abundant natural light
prominent exterior signage placement
shared/common-area amenities
Listing Agency: Starts International HI, Inc.
Listed By: Joy K Nakagawa
Source: Exprealty
Added: Oct 29 Changed: Nov 10 Last Checked: Nov 12 at 1:58PM

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 Starts International HI, Inc.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 576-square-foot office suite sits at street level, with direct entry from outside and a glazed frontage. The interior receives natural light and has independent climate control. Shared building amenities are also available, and the exterior provides a designated place for signage.

Key Highlights

  • 576‑square‑foot office suite
  • Street‑level position with direct exterior entry
  • Glass frontage and natural light

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,742
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,840 $294.8K
Cap Rate 7%
$210,600 $210.6K
Cap Rate 9%
$163,800 $163.8K
Market Conditions
NOI Build-Up for 576 SF
Gross rent
$22.5K $39.00/SF
− Vacancy
−$2.8K −$4.88/SF
EGI
$19.7K $34.13/SF
− OpEx
−$4.9K −$8.53/SF
NOI
$14.7K $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%
$294,840
Cap Rate 7%
$210,600
Cap Rate 9%
$163,800

Alternative Uses

Best Use
Office B
$210.6K
$184.3K – $245.7K (±1% cap)
NOI $14,742 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$233.4K
$204.2K – $272.3K (±1% cap)
NOI $16,335 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Location Intelligence

Demographics for 96817, HI

56,823
Population
21,489
Households
2.6
Avg Household Size
46
Median Age
30%
College-Educated
84%
High-School Grad
9.3 sq mi
ZIP Area
6,110
Density / Sq Mi
$74,690
Median Household Income
$42,492
Median Earnings
$1,419
Median Rent
$930,000
Median Home Value

Market

Average Price Trend$/SF for Office Units in Honolulu, HI

$459 Jul
$427 Aug
$381 Sep
$334 Oct

Properties on Market for Office Units in Honolulu

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A 576-square-foot workspace includes its own climate control and shared amenities.
Where is this office unit located?
The property is located at 1g-1953 S Beretania St Honolulu, HI.
What are key features of this property?
This property features: 576‑square‑foot office suite; Street‑level position with direct exterior entry; Glass frontage and natural light
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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