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    OFF-MARKET
    Commercial real estate

    549 Halemaumau St Ste C1, Honolulu, HI 96821-2150

    1,325 SF Built 1964
    Trust Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US24-0545715
    Property summary
    AI-generated overview

    This exceptional 2,484-square-foot restaurant space is available for lease in Honolulu, Hawaii, at 549 Halemaumau Street, Unit B4. Located within the bustling Niu Valley Center, this single-tenant property offers a prime location along Kalanianaole Highway. Benefit from existing restaurant infrastructure, allowing for customization to fit your specific needs. Lease directly from the landlord, eliminating any lease premium. The property is situated in a thriving commercial area, with established neighbors including Jack In the Box, 7-Eleven, and Gyotaku, ensuring high visibility and foot traffic. The 2024 common area maintenance (CAM) is estimated at $1.24 per square foot per month. Tenants are responsible for real property taxes and condominium maintenance fees. This retail space, classified as commercial and restaurant property within Honolulu County (zip code 96821), presents a unique opportunity for a discerning restaurateur seeking a well-positioned, ready-to-occupy establishment. The property is part of a larger commercial development, offering convenience and accessibility. The property's location provides excellent exposure to a diverse customer base. This is an ideal opportunity to establish or expand your restaurant business in a high-traffic area with strong existing businesses. The property is situated at 21.2831194 latitude and -157.7353789 longitude.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1964
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 1,325 SF
    Zoning code U/31/30
    APN 1-3-7-010-053-0005
    UPID US24-0545715
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • CrossFit Honolulu Gym & Fitness Center
    • Hair World Hair Salon Nail Salon
    • Surf Camp Coffee Niu Valley Cafe & Coffee Shop
    • Honolulu Financial Partners Financial Advisor
    • White Jeff Financial Advisor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    White,jeff S Living Trust · 9 yrs held
    White,jeff S Living Trust
    since 2016
    1 recorded transaction
    2016
    $1.1M
    Zoning & alternative use
    U/31/30 · Honolulu, HI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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