Downtown Honolulu Office
800 Bethel Street Honolulu, HI 96813
800 Bethel Street, Honolulu, HI, 96813
$825,000
For Sale
$825,000
Office condominium in Honolulu's Central Business District for sale.
Property Size1,277 SF
Price / SF$646.05
Days on Market98
Property Features for 800 Bethel Street
General Information
- Standard status
- Active
- Size
- 1,277 SF
- Property subtype
- Office
Listing agency
(808) 541-5148
Listed by
Matthew McKeever · License #RS-80252
(808) 541-5148
Source
Cbre
Added: Apr 15 Updated: Jul 10 at 12:46PM Checked: Jul 21 at 5:21AM
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 Matthew McKeever
Investment Insights
Based on property information with market context.
Located in the heart of Downtown Honolulu's Central Business District, Queens Court – Suite 403 offers an office condominium for sale. The property consists of approximately 1,277 square feet of functional office space, complemented by a private approximately 50 square foot lanai, providing outdoor exposure within an established building. This fee simple office condominium is ideally suited for owner users, small professional firms, or investors seeking stable occupancy within a highly supply constrained submarket. The property benefits from its proximity to government offices, financial institutions, courthouses, and the Honolulu harbor, positioning it as a strategic location for legal, professional services, consulting, and related office users. The offering represents an attractive opportunity to acquire an office condominium in Downtown Honolulu with long term value supported by limited competing inventory, walkability, and enduring demand drivers.
Key Highlights
- Prime Downtown Honolulu location in the Central Business District, near courts, state, and city offices.
- Fee Simple Office Condominium ownership.
- Limited competing inventory for small office ownership in the area.
Local 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 | $49.8k | $39.00 |
| − Vacancy | −$6.2k | −$4.88 |
| EGI | $43.6k | $34.13 |
| − OpEx | −$10.9k | −$8.53 |
| NOI | $32.7k | $25.59 |
1,277 SF · lease $39.00/SF/yr · vacancy 12.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$466.9K
$408.5K – $544.7K
NOI $32,683 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$517.4K
$452.7K – $603.6K
NOI $36,216 @ 7.0% cap · market cap 4.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Honolulu Builders, LLC
Construction Company
Insurance Associates, Inc.
Insurance Agency
Christine Camp
Real Estate Agency
Cox Fricke LLP
Law Firm
OrangeRoc
Advertising Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Office condominium in Honolulu's Central Business District for sale.
Where is this office units located?
The property is located at 800 Bethel Street Honolulu, HI.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Prime Downtown Honolulu location in the Central Business District, near courts, state, and city offices.; Fee Simple Office Condominium ownership.; Limited competing inventory for small office ownership in the area.
