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    1120 Maunakea St Honolulu, HI 96817

    Sponsored
    For Lease
    $120 SF/Yr

    Honolulu Retail & Restaurant Units Available

    Lot size:
    59,347 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional opportunity presents multiple retail and restaurant spaces within the vibrant Maunakea Marketplace in Honolulu, Hawaii. Located at 1120 Maunakea Street, zip code 96817, this bustling open-air market offers a unique blend of retail and food vendors, creating a thriving community atmosphere. The property, built and renovated in 1989, sits on 1.07 acres and boasts a total building area of 59,347 square feet. Units are available in various sizes, ranging from a minimum of 75 square feet to a maximum contiguous space of 600 square feet, providing flexibility for a wide range of businesses. The property is zoned BMX-4, ideal for retail and restaurant uses. The Maunakea Marketplace provides an established customer base and high foot traffic, making it an attractive location for businesses seeking exposure within a diverse and vibrant community. The market offers a variety of goods, including produce, jewelry, souvenirs, and an extensive array of food options. Potential tenants could establish businesses selling fresh seafood, fruits and vegetables, meats, or other market items. This is a rare chance to secure a space in a well-established and successful Honolulu marketplace. The property's location in Honolulu County offers excellent accessibility and visibility. Don't miss this chance to become part of the thriving Maunakea Marketplace community.

    Property Features for 1120 Maunakea St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    59,347 SF
    Total Rate
    593470

    Building Details

    Year Built/Renovated
    1989/1989

    Unit(s) available at that property

    Space
    Unit 168
    Size
    720 SF
    Rate per SF
    $240

    HighLights

    • High‑profile Chinatown location with established market presence.
    • Outdoor market setting.
    • Excellent foot and vehicle traffic counts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Susan's Meat Market Butcher Shop Malasig 7 Sisters ... Butcher Shop Thanh French Coffee ... Cafe Ku's Canoe Asian Restaurant Adams Retail Store Grocery Store

    Map

    City
    Honolulu
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.86250863448
    Latitude
    21.312500249299

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    FAQs

    What type of property is this?
    Restaurant - Honolulu Retail & Restaurant Units Available
    Where is this restaurant located?
    The property is located at 1120 Maunakea St Honolulu, HI.
    What is the lease rate?
    The lease rate is $240 SF/Yr.
    What are key features of this property?
    This property features: High-profile Chinatown location with established market presence.; Outdoor market setting.; Excellent foot and vehicle traffic counts.
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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
    1120 Maunakea St Honolulu, HI 96817
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