Salon
New
For Sale
$900,000
725 Kapiolani Boulevard #C115, Honolulu, HI 96813
The salon-configured interior includes plumbed shampoo stations, styling setups and dedicated parking.
Property Size1,187 SF
Price / SF$758.21
Days on Market3
Property Features for 725 Kapiolani Boulevard #C115
General Information
Standard status
Active
Size
1,187 SF
Total Parking Spaces
1
Property subtype
Commercial
Additional Details
Floor
Ground
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$9,048
Amenities
Central air
Assigned
Central Air Cooling
Concrete Flooring
Handicap Access
On Street
Public
Separate Meters Cooling
Building Details
Year Built
1990
Listing Agency:
OHANA INVESTMENT REALTY LLC
(808) 909-2282
Listed By:
JEREMY B MATEO
Source:
Corcoran
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 2:10PM
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 OHANA INVESTMENT REALTY LLC
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Investment Insights
Based on property information with market context.
This 1,187-square-foot, ground-floor storefront is configured for salon use, with plumbed shampoo bowls and styling stations. The sale includes the salon equipment and furnishings, along with one dedicated parking stall. The property is fee simple, and the building dates to 1990.
Ward Village and Downtown are each less than one mile away, while Ala Moana Center is a short drive from the property.
Ward Village and Downtown are each less than one mile away, while Ala Moana Center is a short drive from the property.
Key Highlights
- 1,187‑square‑foot ground‑floor storefront
- Salon setup includes plumbed shampoo bowls and styling stations
- Salon equipment and furnishings are included in the sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,419
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$628,380
$628.4K
Cap Rate 7%
$448,843
$448.8K
Cap Rate 9%
$349,100
$349.1K
Market Conditions
NOI Build-Up for 1,187 SF
Gross rent
$47.1K $39.72/SF
− Vacancy
−$2.3K −$1.91/SF
EGI
$44.9K $37.81/SF
− OpEx
−$13.5K −$11.34/SF
NOI
$31.4K $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%
$628,380
Cap Rate 7%
$448,843
Cap Rate 9%
$349,100
Alternative Uses
Best Use
Retail
$448.8K
$392.7K – $523.7K
NOI $31,419 @ 7.0% cap · market cap 3.49%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$480.9K
$420.8K – $561.1K
NOI $33,663 @ 7.0% cap · market cap 3.74%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Storefront property - The salon-configured interior includes plumbed shampoo stations, styling setups and dedicated parking.
Where is this storefront property located?
The property is located at 725 Kapiolani Boulevard #C115 Honolulu, HI.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 1,187‑square‑foot ground‑floor storefront; Salon setup includes plumbed shampoo bowls and styling stations; Salon equipment and furnishings are included in the sale
