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    2836 Kapiolani Blvd Honolulu, HI 96826

    Sponsored
    For Sale
    $3,500,000

    Prime Honolulu location, high visibility, 3,284 SF

    Property size:
    3,284 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Honolulu retail property, located at 2836 Kapiolani Blvd, offers a unique investment opportunity. The 3,284 square foot building, constructed in 1966 and renovated in 2006, sits on an 8,973 square foot lot and boasts 92 linear feet of frontage, ensuring high visibility to the approximately 22,000+ vehicles passing daily. Its strategic location near freeway entrances/exits and the planned Kuilei Place (1,000+ condo units) promises increased foot traffic and customer base. The single-story concrete structure, built to maximize parking, is zoned B-2, Community Business. Currently under a short-term lease with a restaurant operator, this property offers flexibility for various long-term strategies. Its prime location between the University of Hawaii and the Kaimuki submarket provides access to a diverse customer base, ranging from students to higher-income residents. The asking price is $3,500,000, translating to $1,065.77 per square foot. This property presents a compelling investment opportunity in a vibrant and growing Honolulu neighborhood.

    Property Features for 2836 Kapiolani Blvd

    General Information

    Property type
    Restaurants
    Square Feet
    3,284 SF

    Building Details

    Year Built/Renovated
    1966/2006
    Buildings
    1
    Stories
    1

    HighLights

    • Excellent access via multiple surface streets, including nearby freeway off‑ramps.
    • Prime location near the planned Kuilei Place residential development (1,000+ units).
    • Efficient single‑story concrete building maximizing parking.
    • High visibility with 92 linear feet of frontage on a road with 22,000 daily vehicles.
    • Short‑term lease provides investor flexibility.
    • Desirable location between the University of Hawai'i and the Kaimuki submarket.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Map

    City
    Honolulu
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.8163272
    Latitude
    21.2887325

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    FAQs

    What type of property is this?
    Restaurant - Prime Honolulu location, high visibility, 3,284 SF
    Where is this restaurant located?
    The property is located at 2836 Kapiolani Blvd Honolulu, HI.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: Excellent access via multiple surface streets, including nearby freeway off-ramps.; Prime location near the planned Kuilei Place residential development (1,000+ units).; Efficient single-story concrete building maximizing parking.
    Request Owner's contact information
    2836 Kapiolani Blvd Honolulu, HI 96826
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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
    2836 Kapiolani Blvd Honolulu, HI 96826
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