Medical-Ready Office
For Sale
$1,250,775
725 Kapiolani Boulevard C212, Honolulu, HI 96813
Fee-simple office condo includes multiple private offices, conference space, bullpen area, and reserved parking options.
Property Size3,706 SF
Price / SF$337.50
Days on Market96
Property Features for 725 Kapiolani Boulevard C212
General Information
Standard status
Active
Size
3,706 SF
Total Parking Spaces
10
Property subtype
Industrial
Site & Location
Neighborhood
Capitol District
Taxes and HOA fees
Annual Taxes
$11,248
Building Details
Building Size
3,706 SF
Year Built
1930
Listing Agency:
Bratton Realty Advisors Ltd
Listed By:
Mark D Bratton · License #RB-14000
(808) 523-9708
Source:
Careyluxury
Added: Jul 22
Changed: Oct 16
Last Checked: Oct 25 at 12:25AM
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 Bratton Realty Advisors Ltd
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Investment Insights
Based on property information with market context.
Offered as a fee-simple commercial office condo within Imperial Plaza, this unit features 3 private offices, a reception area, a large conference room, a bullpen room, kitchenette, data room, and additional open floor space suited for modular desks or flexible workspace.
The building includes both a high-rise residential tower and a low-rise commercial tower. The sale also allows the buyer to purchase up to 6 additional reserved parking stalls for a total of 10 reserved stalls. Imperial Plaza provides customer parking as well.
This configuration supports professional office operations and is presented as suitable for professional office, medical, showroom, or boutique service uses based on the existing interior layout and room count.
The building includes both a high-rise residential tower and a low-rise commercial tower. The sale also allows the buyer to purchase up to 6 additional reserved parking stalls for a total of 10 reserved stalls. Imperial Plaza provides customer parking as well.
This configuration supports professional office operations and is presented as suitable for professional office, medical, showroom, or boutique service uses based on the existing interior layout and room count.
Key Highlights
- Fee‑simple commercial office condo in Imperial Plaza built in 1930
- Includes 3 private offices plus reception area and open floor space for modular desks or flex use
- Conference room, bullpen room, kitchenette, and data room provide multiple work and support spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,850
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,897,000
$1.9M
Cap Rate 7%
$1,355,000
$1.4M
Cap Rate 9%
$1,053,889
$1.1M
Market Conditions
NOI Build-Up for 3,706 SF
Gross rent
$144.5K $39.00/SF
− Vacancy
−$18.1K −$4.88/SF
EGI
$126.5K $34.13/SF
− OpEx
−$31.6K −$8.53/SF
NOI
$94.9K $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%
$1,897,000
Cap Rate 7%
$1,355,000
Cap Rate 9%
$1,053,889
Alternative Uses
Best Use
Office B
$1.35M
$1.19M – $1.58M
NOI $94,850 @ 7.0% cap · market cap 7.58%
Second Best
Healthcare Medical
$955.3K
$835.9K – $1.11M
NOI $66,868 @ 7.0% cap · market cap 5.35%
Theoretical Best
Specialty Retail
$1.50M
$1.31M – $1.75M
NOI $105,102 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Fee-simple office condo includes multiple private offices, conference space, bullpen area, and reserved parking options.
Where is this office unit located?
The property is located at 725 Kapiolani Boulevard C212 Honolulu, HI.
What is the asking price?
The asking price for this property is $1,250,775.
What are key features of this property?
This property features: Fee‑simple commercial office condo in Imperial Plaza built in 1930; Includes 3 private offices plus reception area and open floor space for modular desks or flex use; Conference room, bullpen room, kitchenette, and data room provide multiple work and support spaces
