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    1139 Bishop St Honolulu, HI 96813

    For Lease
    $2 SF/Yr ($1,796 /Mo)

    Prime Office & Retail Space Available

    Lot size:
    8,456 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial property, located in Honolulu's Central Business District at 1139 Union St & 1146 Bishop St, offers a unique blend of retail and office spaces. The 8,456 square foot building features four suites, with a minimum divisible space of 348 square feet and a maximum contiguous space of 800 square feet. Currently, 2,149 square feet are vacant, presenting a fantastic opportunity for businesses seeking high-visibility locations. The property's Class C designation reflects its solid structure and functionality, ideal for a variety of uses. The BMX-4 zoning allows for flexible business operations. The building boasts high visibility from the bustling Bishop Street, convenient elevator access to upper floors, and a secured entryway for enhanced safety and peace of mind. The ground floor is perfectly suited for retail ventures, capitalizing on the consistent foot traffic of nearby office workers, while the upper floors provide efficient and accessible office spaces. This property, with APN (1) 2-1-10: 40 & 41 in Honolulu County, is an excellent choice for businesses seeking a strategic location in the heart of Honolulu's dynamic downtown area. The multiple tenancy option allows for diverse business configurations, making it a versatile and attractive investment.

    Property Features for 1139 Bishop St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,456 SF
    Class
    C
    Total Rate
    1796.9

    Unit(s) available at that property

    Space
    Third Floor Unit #32
    Size
    368 SF
    Rate per SF
    $26
    Space
    1150 Bishop - Ground Floor
    Size
    800 SF
    Rate per SF
    $2
    Space
    Ground Floor Unit #14
    Size
    633 SF
    Rate per SF
    $27
    Space
    Fourth Floor Unit #41
    Size
    348 SF

    HighLights

    • Retail and office property totaling 8,456 square feet.
    • Four suites available, ranging from 348 to 800 contiguous square feet.
    • 2,149 square feet currently vacant.
    • Located in Honolulu's Central Business District with high visibility from Bishop Street.
    • Features secured entry and elevator service to upper floors.
    • Class C building, zoned BMX‑4, Honolulu County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Honolulu
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.8599137
    Latitude
    21.3098155

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office & Retail Space Available
    Where is this office property / space located?
    The property is located at 1139 Bishop St Honolulu, HI.
    What is the lease rate?
    The lease rate is $0.00-$27 SF/Yr.
    What are key features of this property?
    This property features: Retail and office property totaling 8,456 square feet.; Four suites available, ranging from 348 to 800 contiguous square feet.; 2,149 square feet currently vacant.
    Request Owner's contact information
    1139 Bishop 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
    1139 Bishop St Honolulu, HI 96813
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