Retail Space in Medical
324-98-1247 Kaahumanu St, Aiea, HI 96701
For Sale
$420,000
A former salon suite sits within a multidisciplinary healthcare complex with on-site parking.
Property Size824 SF
Price / SF$509.71
Days on Market13
Property Features for 324-98-1247 Kaahumanu St
General Information
Standard status
Size
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Listing Agency:
Coldwell Banker Comm Realty
Listed By:
Jordan P Chow · License HI RB-21901
(808) 392-1906
Source:
Exprealty
Added: Nov 2
Changed: Nov 12
Last Checked: Nov 12 at 2:29PM
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 Coldwell Banker Comm Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 824-square-foot retail suite was previously used as a hair salon and is located in Mary Savio Medical Plaza, a community of independent healthcare practitioners and professionals. Maintenance fees cover electricity, water, and sewer service.
The property is in Aiea, Hawaii, with on-site parking and freeway access.
The property is in Aiea, Hawaii, with on-site parking and freeway access.
Key Highlights
- 824‑square‑foot retail suite
- Located in Mary Savio Medical Plaza, a community of independent healthcare practitioners and professionals
- Maintenance fees cover electricity, water, and sewer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,811
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,220
$436.2K
Cap Rate 7%
$311,586
$311.6K
Cap Rate 9%
$242,344
$242.3K
Market Conditions
NOI Build-Up for 824 SF
Gross rent
$32.7K $39.72/SF
− Vacancy
−$1.6K −$1.91/SF
EGI
$31.2K $37.81/SF
− OpEx
−$9.3K −$11.34/SF
NOI
$21.8K $26.47/SF
Area
Honolulu County, HI
Vacancy
4.80%
Lease Rate
$39.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,220
Cap Rate 7%
$311,586
Cap Rate 9%
$242,344
Alternative Uses
Best Use
Retail
$311.6K
$272.6K – $363.5K
NOI $21,811 @ 7.0% cap · market cap 5.19%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$333.8K
$292.1K – $389.5K
NOI $23,369 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Demographics for 96701, HI
42,833
Population
15,407
Households
2.8
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
25.3 sq mi
ZIP Area
1,693
Density / Sq Mi
$107,888
Median Household Income
$58,224
Median Earnings
$1,930
Median Rent
$913,300
Median Home Value
Market
Average Price Trend$/SF for Retail space in Honolulu County, HI
Properties on Market for Retail space in Honolulu County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - A former salon suite sits within a multidisciplinary healthcare complex with on-site parking.
Where is this retail space located?
The property is located at 324-98-1247 Kaahumanu St Aiea, HI.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 824‑square‑foot retail suite; Located in Mary Savio Medical Plaza, a community of independent healthcare practitioners and professionals; Maintenance fees cover electricity, water, and sewer
