Open-Layout Office
For Sale
$695,000
222 Vineyard Street PH4, Honolulu, HI 96813
Professional office space offers reception, conference rooms, storage, multiple restrooms, and covered parking.
Property Size1,334 SF
Price / SF$285.07
Days on Market153
Property Features for 222 Vineyard Street PH4
General Information
Standard status
Active
Size
1,334 SF
Total Parking Spaces
4
Property subtype
Industrial
Zoning
BMX-4
Additional Details
Asking Price
$1,355,000
Road Access
Yes
Office Units
2
Taxes and HOA fees
Annual Taxes
$7,474
Building Details
Building Size
1,334 SF
Year Built
1981
Listing Agency:
REMAX Hawaii
(808) 501-9635
Listed By:
Jason Hepton · License #RS-85422
(808) 501-9635
Source:
Commercialinvestmentstrategies
Added: Mar 5
Changed: Aug 4
Last Checked: Aug 5 at 4:54AM
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 REMAX Hawaii
Investment Insights
Based on property information with market context.
PH4 is configured for office use with a broad open workspace supported by a reception area, conference rooms, storage, and multiple restrooms. The unit is part of a two-unit offering with PH3, totaling 2,438 SF. Each unit includes two covered parking stalls, with additional parking rented from the nearby St. Andrews school/church.
The property is located at 222 Vineyard Street in Honolulu, with street access from Vineyard Street via Queen Emma Street and a downtown-area setting. BMX-4 zoning supports residential or office use. Completed in 1981, the building is described as well maintained and includes mountain views.
The property is located at 222 Vineyard Street in Honolulu, with street access from Vineyard Street via Queen Emma Street and a downtown-area setting. BMX-4 zoning supports residential or office use. Completed in 1981, the building is described as well maintained and includes mountain views.
Key Highlights
- PH3 and PH4 offered together with 2,438 SF total
- BMX‑4 zoning permits residential or office use
- Open office configuration with reception, conference rooms, storage, and multiple restrooms
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 | $95.1k | $39.00 |
| − Vacancy | −$11.9k | −$4.88 |
| EGI | $83.2k | $34.13 |
| − OpEx | −$20.8k | −$8.53 |
| NOI | $62.4k | $25.59 |
2,438 SF · lease $39.00/SF/yr · vacancy 12.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$891.4K
$780.0K – $1.04M
NOI $62,398 @ 7.0% cap · market cap 8.98%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$987.7K
$864.3K – $1.15M
NOI $69,142 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Office units
Yes
Paved road access
Location Intelligence
Demographics for 96813, HI
27,372
Population
13,511
Households
2
Avg Household Size
43
Median Age
48%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
7,603
Density / Sq Mi
$87,799
Median Household Income
$57,619
Median Earnings
$1,821
Median Rent
$804,100
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?
Office units - Professional office space offers reception, conference rooms, storage, multiple restrooms, and covered parking.
Where is this office units located?
The property is located at 222 Vineyard Street PH4 Honolulu, HI.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: PH3 and PH4 offered together with 2,438 SF total; BMX‑4 zoning permits residential or office use; Open office configuration with reception, conference rooms, storage, and multiple restrooms
