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King Street Retail & Multifamily
For Sale
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1246 S King St, Honolulu, HI 96814

Prime redevelopment opportunity in central Honolulu with restaurant infrastructure.

Days on Market2446

Property Features for 1246 S King St

General Information

Standard status Active
Property subtype Retail, Multifamily

Building Details

Year Built 1949
Listing Agency: Cushman & Wakefield ChaneyBrooks
Listed By: Salvador Fasi · License #HI
Source: Crexi
Added: Nov 21, 2019 Changed: Jul 6 Last Checked: Aug 1 at 4:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield ChaneyBrooks

Investment Insights

Based on property information with market context.

The properties at 1246 S. King Street and 1012 Akala Lane offer a prime redevelopment opportunity in central Honolulu. 1246 S. King Street is suitable for an owner-user, particularly a restaurateur or retailer, and is equipped with existing restaurant infrastructure. The site benefits from excellent street visibility along King Street. 1012 Akala Lane features a single-story multifamily duplex, with one 2-bedroom/1-bathroom unit and one 3-bedroom/1-bathroom unit. There is potential for increasing rents by renovating the units. The parcels are zoned BMX-3, Community Business Mixed Use District, allowing for a 150-foot height limit and a 2.5 Floor Area Ratio. The properties are for sale together.

Key Highlights

  • Restaurant infrastructure already in place, ideal for a restauranteur or retailer.
  • Excellent street visibility on King Street, a major thoroughfare.
  • Prime redevelopment opportunity in central Honolulu due to zoning (BMX‑3).

Property Analytics

Current Use

Storefront properties

Location Intelligence

Demographics for 96814, HI

24,870
Population
15,346
Households
1.6
Avg Household Size
47
Median Age
50%
College-Educated
93%
High-School Grad
1.2 sq mi
ZIP Area
20,725
Density / Sq Mi
$77,336
Median Household Income
$55,408
Median Earnings
$1,770
Median Rent
$706,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Prime redevelopment opportunity in central Honolulu with restaurant infrastructure.
Where is this storefront property located?
The property is located at 1246 S King St Honolulu, HI.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Restaurant infrastructure already in place, ideal for a restauranteur or retailer.; Excellent street visibility on King Street, a major thoroughfare.; Prime redevelopment opportunity in central Honolulu due to zoning (BMX‑3).
(808) 544-9561 Call to check price and availability
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