1988 Kalākaua Ave Honolulu, HI 96815

This exceptional retail property at 1988 Kalakaua Avenue in Honolulu, Hawaii, presents a unique investment opportunity. The single-story building, encompassing 4,333 square feet, sits on a prime corner lot and boasts a desirable location near Fort DeRussy Beach Park. Currently configured as a single-tenant space, the property offers significant redevelopment potential under its Rescom zoning. The asking price is $6,000,000, translating to $1,384.72 per square foot. The building features approximately 2,800 square feet of usable space, complemented by five convenient parking stalls. Its prime Waikiki location offers easy access to a vibrant array of shops and restaurants, while its proximity to Fort DeRussy Beach Park enhances its appeal. The property's attractive exterior and interior, coupled with its quiet residential neighborhood setting and unobstructed Makai view, make it an exceptional investment prospect. The property's Assessed Parcel Number (APN) is 1-2-6-15-46. This is a rare chance to acquire a well-situated, versatile property in one of Honolulu's most sought-after areas. The building's existing structure provides a solid foundation for a variety of future uses, making it an ideal choice for discerning investors seeking a high-return opportunity in a thriving market.