Four-Suite Office
For Sale
$575,000
98-1247 Kaahumanu Street 311, Aiea, HI 96701
A reception area, wet bar, and private restroom support the workspace.
Property Size1,143 SF
Price / SF$503.06
Days on Market230
Property Features for 98-1247 Kaahumanu Street 311
General Information
Standard status
Active
Size
1,143 SF
Property subtype
Industrial
Additional Details
Condition
Built-Out
Property Use
Office
Taxes and HOA fees
Annual Taxes
$7,680
Amenities
wet bar
private restroom
reception/waiting area
2 entrances
Building Details
Building Size
1,143 SF
Year Built
1974
Listing Agency:
Coldwell Banker Comm Realty
Listed By:
Andriana Honda · License #RS-86471
(808) 392-1906
Source:
Hirootsrealty
Added: Mar 18
Changed: Oct 26
Last Checked: Oct 31 at 4:33PM
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 Coldwell Banker Comm Realty
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Investment Insights
Based on property information with market context.
This 1,143-square-foot office unit was built in 1974 and contains four suites, a reception and waiting area, a wet bar, and a private restroom. Two separate entrances provide access to the unit.
On-site parking is available. Maintenance fees cover air conditioning, electricity, water, and sewer.
On-site parking is available. Maintenance fees cover air conditioning, electricity, water, and sewer.
Key Highlights
- 1,143‑square‑foot office unit built in 1974
- Four suites with reception and waiting area
- Wet bar and private restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,254
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,080
$585.1K
Cap Rate 7%
$417,914
$417.9K
Cap Rate 9%
$325,044
$325.0K
Market Conditions
NOI Build-Up for 1,143 SF
Gross rent
$44.6K $39.00/SF
− Vacancy
−$5.6K −$4.88/SF
EGI
$39.0K $34.13/SF
− OpEx
−$9.8K −$8.53/SF
NOI
$29.3K $25.59/SF
Area
Honolulu County, HI
Vacancy
12.50%
Lease Rate
$39.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,080
Cap Rate 7%
$417,914
Cap Rate 9%
$325,044
Alternative Uses
Best Use
Office B
$417.9K
$365.7K – $487.6K
NOI $29,254 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$463.1K
$405.2K – $540.3K
NOI $32,416 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Demographics for 96701, HI
42,833
Population
15,407
Households
2.8
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
25.3 sq mi
ZIP Area
1,693
Density / Sq Mi
$107,888
Median Household Income
$58,224
Median Earnings
$1,930
Median Rent
$913,300
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - A reception area, wet bar, and private restroom support the workspace.
Where is this office unit located?
The property is located at 98-1247 Kaahumanu Street 311 Aiea, HI.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 1,143‑square‑foot office unit built in 1974; Four suites with reception and waiting area; Wet bar and private restroom
