Aiea Restaurant Opportunity For
For Sale
$455,000
98-20 Kamehameha Hwy, Aiea, HI 96701
Established Aiea restaurant with loyal customer base and steady revenue.
Property Size1,500 SF
Price / SF$303.33
Days on Market428
Property Features for 98-20 Kamehameha Hwy
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Business Opportunity
Listing Agency:
Green Tree Realty
Listed By:
Soon Jung Yun · License #RS-68464
(808) 778-5124
Source:
Paradisebrokers
Added: Sep 1, 2025
Changed: Oct 25
Last Checked: Nov 1 at 10:13AM
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 Green Tree Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located in the heart of Aiea at Waimalu Shopping Center, Jackie's Restaurant is available for purchase. This long-standing eatery is a local and visitor favorite, known for its authentic Portuguese dishes, classic Hawaiian favorites, and the popular Ahi Poke Bowl. The restaurant benefits from steady revenue and a loyal customer base. This is a turnkey operation, including recipes and equipment, making it ready to operate immediately. This opportunity may be suitable for an E2 Visa.
Key Highlights
- Established Restaurant with Loyal Customer Base and Steady Revenue
- Turnkey Operation: Includes Recipes and Equipment
- Prime Location in Waimalu Shopping Center, Aiea
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,704
Cap Rate
8.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$794,080
$794.1K
Cap Rate 7%
$567,200
$567.2K
Cap Rate 9%
$441,156
$441.2K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$59.6K $39.72/SF
− Vacancy
−$2.9K −$1.91/SF
EGI
$56.7K $37.81/SF
− OpEx
−$17.0K −$11.34/SF
NOI
$39.7K $26.47/SF
Area
Honolulu County, HI
Vacancy
4.80%
Lease Rate
$39.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$794,080
Cap Rate 7%
$567,200
Cap Rate 9%
$441,156
Alternative Uses
Best Use
Specialty Retail
$607.7K
$531.8K – $709.0K
NOI $42,540 @ 7.0% cap · market cap 9.35%
Second Best
Retail
$567.2K
$496.3K – $661.7K
NOI $39,704 @ 7.0% cap · market cap 8.73%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Restaurant - Established Aiea restaurant with loyal customer base and steady revenue.
Where is this restaurant located?
The property is located at 98-20 Kamehameha Hwy Aiea, HI.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: Established Restaurant with Loyal Customer Base and Steady Revenue; Turnkey Operation: Includes Recipes and Equipment; Prime Location in Waimalu Shopping Center, Aiea
