Live-Work Retail Building with
For Sale
$1,780,000
2203 Young Street, Honolulu, HI 96826
COMMERCIAL - Honolulu, HI
Property Size2,000 SF
Price / SF$890
Days on Market48
Property Features for 2203 Young Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
32 - B-2 Community Business Dis
Parking features
Assigned
Subdivision
MOILIILI
Standard status
Active
APN
1-2-8-004-016-0000
Taxes and HOA fees
Tax Annual Amount
10644
Utilities
Utilities
Electricity Available
Building Details
Year built
1982
Building materials
Block, Concrete
Listing Agency:
Soldier To Soldier HI Realty
(808) 312-7884
Listed By:
Celester Thomas · License #RB-22155
(808) 312-7884
Added: Jun 19
Changed: Aug 4
Last Checked: Aug 5 at 4:06PM
MLS# 202612002
Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale live-work retail building offers approximately 2,000+ square feet of commercial space with living quarters above. The property is described as beautifully maintained and includes central air conditioning for the commercial portion.
Located in the Mo'ili'ili/McCully area on Young Street in Honolulu, the building is zoned B-2 Community Business District. That zoning designation is intended to support a broad set of business uses, offering flexibility for an owner-user or operating business.
The configuration suits tenants and buyers looking to combine storefront or commercial operations with on-site living. With nine off-street parking stalls, the property also supports customer and employee access without relying solely on on-street parking. As an income-producing asset, it presents a practical ownership path for an operator seeking a turnkey, move-in-ready building rather than starting from the ground up.
Located in the Mo'ili'ili/McCully area on Young Street in Honolulu, the building is zoned B-2 Community Business District. That zoning designation is intended to support a broad set of business uses, offering flexibility for an owner-user or operating business.
The configuration suits tenants and buyers looking to combine storefront or commercial operations with on-site living. With nine off-street parking stalls, the property also supports customer and employee access without relying solely on on-street parking. As an income-producing asset, it presents a practical ownership path for an operator seeking a turnkey, move-in-ready building rather than starting from the ground up.
Key Highlights
- 2,000+ sq. ft. commercial building with central air conditioning
- 9 off‑street parking stalls and assigned parking
- B‑2 Community Business District zoning for flexible business use
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 | $78.0k | $39.00 |
| − Vacancy | −$9.8k | −$4.88 |
| EGI | $68.3k | $34.13 |
| − OpEx | −$17.1k | −$8.53 |
| NOI | $51.2k | $25.59 |
2,000 SF · lease $39.00/SF/yr · vacancy 12.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$731.3K
$639.9K – $853.1K
NOI $51,188 @ 7.0% cap · market cap 2.88%
Second Best
Mixed Use
$492.9K
$431.3K – $575.0K
NOI $34,500 @ 7.0% cap · market cap 1.94%
Theoretical Best
Specialty Retail
$810.3K
$709.0K – $945.3K
NOI $56,720 @ 7.0% cap · market cap 3.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Demographics for 96826, HI
30,092
Population
16,564
Households
1.8
Avg Household Size
44
Median Age
38%
College-Educated
91%
High-School Grad
1.1 sq mi
ZIP Area
27,356
Density / Sq Mi
$67,743
Median Household Income
$44,393
Median Earnings
$1,604
Median Rent
$485,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Live-work space - Two-story live-work retail building with centralized air and nine off-street parking stalls.
Where is this live-work space located?
The property is located at 2203 Young Street Honolulu, HI.
What is the asking price?
The asking price for this property is $1,780,000.
What are key features of this property?
This property features: 2,000+ sq. ft. commercial building with central air conditioning; 9 off‑street parking stalls and assigned parking; B‑2 Community Business District zoning for flexible business use
