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Renovated Conventional Restaurant
For Sale
$300,000

B5-3221 Waialae Ave, Honolulu, HI 96826

Fully equipped restaurant space with a large dining area, updated interiors, customer parking, and shopping-center access.

Property Size3,008 SF
Price / SF$99.73
Days on Market8

Property Features for B5-3221 Waialae Ave

General Information

Standard status Active
Size 3,008 SF
Property subtype Business Opportunity

Additional Details

Business Included Yes
Equipment Included Yes

Taxes and HOA fees

Annual Taxes $458,405

Amenities

customer parking

Building Details

Tenancy Multi
Listing Agency: Five Star Realty, Inc.
Listed By: Xiudan Su · License #RS-85969
Source: Exprealty
Added: Sep 18 Changed: Sep 23 Last Checked: Sep 24 at 2:06PM

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 Five Star Realty, Inc.

Investment Insights

Based on property information with market context.

Fairwood Drive Inn & Pho 27 is a conventional restaurant occupying over 3,008 square feet in a neighborhood shopping center. The premises include a substantial dining area, restaurant equipment, a planned interior layout, and modern renovations. Customer parking and convenient access are also part of the property offering.

The restaurant is located at B5-3221 Waialae Ave in Honolulu’s Kaimuki area. Current operations are primarily focused on takeout, while the existing dining area provides an established setting for expanded dine-in service. The space can continue supporting the current restaurant operation or accommodate another restaurant concept.

Key Highlights

  • Over 3,008 square feet of restaurant space
  • Large dining area with modern renovations
  • Fully equipped restaurant premises

Property Analytics

Current Use

Conventional restaurants

Lease Details

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Demographics for 96826, HI

30,092
Population
16,564
Households
1.8
Avg Household Size
44
Median Age
38%
College-Educated
91%
High-School Grad
1.1 sq mi
ZIP Area
27,356
Density / Sq Mi
$67,743
Median Household Income
$44,393
Median Earnings
$1,604
Median Rent
$485,200
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully equipped restaurant space with a large dining area, updated interiors, customer parking, and shopping-center access.
Where is this conventional restaurant located?
The property is located at B5-3221 Waialae Ave Honolulu, HI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Over 3,008 square feet of restaurant space; Large dining area with modern renovations; Fully equipped restaurant premises
More about this property
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