Small Office Condo For
For Sale
$225,000
Pending
725 Kapiolani Boulevard C312, Honolulu, HI 96813
Office condo unit for sale with tenant in place.
Property Size256 SF
Days on Market385
Property Features for 725 Kapiolani Boulevard C312
General Information
Standard status
Pending
Size
256 SF
Property subtype
Industrial
Site & Location
Neighborhood
Capitol District
Taxes and HOA fees
Annual Taxes
$2,424
Building Details
Building Size
256 SF
Year Built
1990
Listing Agency:
Lau & Associates, LLC
Listed By:
Steven H Lau · License #RB-20307
(808) 223-0074
Source:
Careyluxury
Added: Oct 7, 2025
Changed: Oct 25
Last Checked: Oct 25 at 1:00AM
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 Lau & Associates, LLC
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Investment Insights
Based on property information with market context.
This commercial real estate offers a small office condo unit for sale, suitable for CPAs, attorneys, Realtors, and other small office users. The unit provides approximately 256 square feet of space, measuring 16 ft x 16 ft. It includes one assigned parking stall (Stall #2105S), with additional customer parking available in common with other commercial units during parking garage hours. Customers receive two hours of free parking with validation. A newer AC unit is installed. The unit is currently tenant-occupied, with the lease expiring on February 28, 2026. The tenant's current gross rent is $1,255.50 per month. The parking stall is rented separately for $157.00 per month. The tenant is charged for electricity reimbursement. The monthly maintenance fee is $474.26.
Key Highlights
- Tenant in place until 2/28/26, generating $1,255.50/month gross income plus electricity reimbursement.
- Additional $157.00/month income from separate parking stall rental.
- Ideal for CPAs, attorneys, Realtors, and small office users.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,552
Cap Rate
2.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$131,040
$131.0K
Cap Rate 7%
$93,600
$93.6K
Cap Rate 9%
$72,800
$72.8K
Market Conditions
NOI Build-Up for 256 SF
Gross rent
$10.0K $39.00/SF
− Vacancy
−$1.2K −$4.88/SF
EGI
$8.7K $34.13/SF
− OpEx
−$2.2K −$8.53/SF
NOI
$6.6K $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%
$131,040
Cap Rate 7%
$93,600
Cap Rate 9%
$72,800
Alternative Uses
Best Use
Office B
$93.6K
$81.9K – $109.2K
NOI $6,552 @ 7.0% cap · market cap 2.91%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$103.7K
$90.8K – $121.0K
NOI $7,260 @ 7.0% cap · market cap 3.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Office condo unit for sale with tenant in place.
Where is this office unit located?
The property is located at 725 Kapiolani Boulevard C312 Honolulu, HI.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Tenant in place until 2/28/26, generating $1,255.50/month gross income plus electricity reimbursement.; Additional $157.00/month income from separate parking stall rental.; Ideal for CPAs, attorneys, Realtors, and small office users.
