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    850 Richards St Honolulu, HI 96813

    For Lease
    $15 SF/Yr

    Creative Office Space: Honolulu's CBD

    Lot size:
    28,210 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This seven-story, 28,210-square-foot creative office building, located at 850 Richards St, Honolulu, HI 96813, offers multiple tenancy options. Built in 1955 and renovated in 1965, the property boasts a Class C designation and sits on 0.1 acres of land. The building features six suites, with spaces ranging from a minimum of 717 square feet to a maximum contiguous space of 3,546 square feet. Conveniently located in Honolulu's Central Business District, on the corner of Merchant and Richards Streets, across from the downtown Post Office, it offers stunning views of Iolani Palace. The building includes elevators and is zoned BMX-4. The property is ready for immediate occupancy and is ideal for businesses seeking flexible and centrally located office space. Its address is 850 Richards St, Honolulu, HI 96813, with a cross street of 249 Merchant Street. The APN is 1-2-1-016-007-0000. This unique opportunity combines the charm of a renovated building with a prime location in the heart of Honolulu's vibrant business district.

    Property Features for 850 Richards St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    28,210 SF
    Class
    C
    Total Rate
    36673

    Building Details

    Year Built/Renovated
    1955/1965
    Buildings
    1
    Stories
    7

    Unit(s) available at that property

    Space
    200
    Size
    3,546 SF
    Rate per SF
    $15
    Space
    603
    Size
    1,810 SF
    Rate per SF
    $15
    Space
    500
    Size
    660 SF
    Rate per SF
    $15
    Space
    503
    Size
    1,386 SF
    Rate per SF
    $15
    Space
    601
    Size
    717 SF
    Rate per SF
    $15
    Space
    700
    Size
    1,885 SF
    Rate per SF
    $15

    HighLights

    • Abundant natural light from floor‑to‑ceiling windows.
    • Mid‑century modern architectural design.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ocean Surveys & Management Land Surveyor Miyashiro & Associates Inc Mechanical Engineer Earthjustice Non-Profit Organization Hawaii Audubon Society Non-Profit Organization Conservation Council for Hawaii Environmental Protection Organization

    Map

    City
    Honolulu
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.86071582488
    Latitude
    21.306810698885

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    FAQs

    What type of property is this?
    Office space - Creative Office Space: Honolulu's CBD
    Where is this office space located?
    The property is located at 850 Richards St Honolulu, HI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Abundant natural light from floor-to-ceiling windows.; Mid-century modern architectural design.;
    Request Owner's contact information
    850 Richards St Honolulu, HI 96813
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    850 Richards St Honolulu, HI 96813
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