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    1980 Kalākaua Ave Honolulu, HI 96815

    For Sale
    $5,400,000

    Prime Waikiki location, 3,936 SF, $5.4M

    Property size:
    3,936 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This fee-simple mixed-use property at 1980 Kalakaua Avenue in Honolulu, Hawaii, presents a compelling investment opportunity. The 3,936 square foot building sits on a 4,292 square foot lot and is zoned RESCOM, allowing for a variety of commercial uses. Built in 1950, this storefront property offers a unique multi-level floor plan encompassing Parcels 84, 47, and 77, providing versatility for diverse business ventures. Located in the heart of Waikiki's bustling commercial district, this property benefits from high foot traffic, strong demographics, and significant exposure to both local residents and the substantial tourist population. The property's prime location within a high-traffic area, coupled with Oahu's increasing visitor numbers and robust consumer spending, positions this investment for significant growth potential. The asking price is $5,400,000. This is a rare chance to acquire a well-situated commercial property in one of Hawaii's most desirable locations. The property's address is 1980 Kalakaua Avenue, Honolulu, HI 96815.

    Property Features for 1980 Kalākaua Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,936 SF

    Building Details

    Year Built
    1950

    HighLights

    • Fee‑simple mixed‑use building, 3,936 sq ft, on a 4,292 sq ft lot in Honolulu's Waikiki.
    • RESCOM zoning allows for diverse commercial uses.
    • Multi‑level, 1950s storefront building encompassing Parcels 84, 47, and 77.
    • Prime Waikiki location with high foot traffic and strong demographics.
    • Asking price: $5,400,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Honolulu
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.83263406817
    Latitude
    21.285065066954

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    FAQs

    What type of property is this?
    Individual retail property - Prime Waikiki location, 3,936 SF, $5.4M
    Where is this individual retail property located?
    The property is located at 1980 Kalākaua Ave Honolulu, HI.
    What is the asking price?
    The asking price for this property is $5,400,000.
    What are key features of this property?
    This property features: Fee-simple mixed-use building, 3,936 sq ft, on a 4,292 sq ft lot in Honolulu's Waikiki.; RESCOM zoning allows for diverse commercial uses.; Multi-level, 1950s storefront building encompassing Parcels 84, 47, and 77.
    Request Owner's contact information
    1980 Kalākaua Ave Honolulu, HI 96815
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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
    1980 Kalākaua Ave Honolulu, HI 96815
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