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    3365 Waialae Ave Honolulu, HI 96816

    Sponsored
    For Lease
    $42 SF/Yr

    Honolulu Office Space: High Visibility, Retail Potential

    Lot size:
    6,495 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional two-story commercial building at 3365 Waialae Avenue in Honolulu, Hawaii, presents a unique investment opportunity. Boasting a total of 6,495 square feet, this property offers versatile space ideal for a variety of businesses. The building's B-2 zoning allows for flexible use, and its 1973 construction provides a solid foundation. The 0.24-acre lot provides ample space, while the building's multiple tenancy setup offers flexibility for different business needs. Currently, there are three available spaces ranging from 2,600 to 6,495 square feet. The property's prime location on Waialae Avenue in the Kaimuki neighborhood ensures high visibility and accessibility. Its strategic placement across from Kaimuki Ace Hardware and adjacent to Kaimuki Auto Repair guarantees significant foot traffic and brand recognition. The building features convenient storage space with a roll-up door, enhancing its practicality and appeal. This is an excellent opportunity to establish a thriving business in a vibrant and well-established Honolulu community. The property's APN is 1-3-2-004-030-0000, and it's located in Honolulu County, Hawaii, zip code 96816.

    Property Features for 3365 Waialae Ave

    General Information

    Property type
    Industrial properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,495 SF
    Total Rate
    23057.25

    Building Details

    Year Built
    1973
    Stories
    2

    Unit(s) available at that property

    Space
    Leasing Option 1
    Size
    6,495 SF
    Rate per SF
    $42
    Space
    Leasing Option 2
    Size
    3,445 SF
    Rate per SF
    $54
    Space
    Leasing Option 3
    Size
    2,600 SF
    Rate per SF
    $72

    HighLights

    • Divisible into three (3) separate suites.
    • High‑profile location with excellent street visibility on Waialae Avenue.
    • Abundant parking for tenants and visitors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Honolulu
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.804031
    Latitude
    21.2848944

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    FAQs

    What type of property is this?
    Industrial property - Honolulu Office Space: High Visibility, Retail Potential
    Where is this industrial property located?
    The property is located at 3365 Waialae Ave Honolulu, HI.
    What is the lease rate?
    The lease rate is $42-$72 SF/Yr.
    What are key features of this property?
    This property features: Divisible into three (3) separate suites.; High-profile location with excellent street visibility on Waialae Avenue.; Abundant parking for tenants and visitors.
    Request Owner's contact information
    3365 Waialae Ave Honolulu, HI 96816
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    Honolulu, HI 96816
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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
    3365 Waialae Ave Honolulu, HI 96816
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