Salon-Built Storefront
New
For Sale
$900,000
C115-725 Kapiolani Blvd, Honolulu, HI 96813
Ground-floor space includes salon fixtures, plumbing, equipment, and a dedicated parking stall.
Property Size1,187 SF
Price / SF$758.21
Days on Market7
Property Features for C115-725 Kapiolani Blvd
General Information
Standard status
Active
Size
1,187 SF
Total Parking Spaces
1
Additional Details
Floor
Ground
Taxes and HOA fees
Annual Taxes
$9,048
Listing Agency:
Ohana Investment Realty LLC
(808) 909-2282
Listed By:
Jeremy B Mateo
(808) 381-0311
Source:
Exprealty
Added: Oct 13
Changed: Oct 19
Last Checked: Oct 19 at 2:42PM
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 Ohana Investment Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This fee-simple, ground-floor storefront contains 1,187 square feet configured and equipped for salon use. Existing improvements include plumbed shampoo bowls and styling stations, with the salon equipment and furniture, fixtures, and equipment included in the sale. One dedicated parking stall is part of the property.
Ward Village and Downtown are each less than a mile away. Ala Moana Center is also accessible via Kapiolani Boulevard.
Ward Village and Downtown are each less than a mile away. Ala Moana Center is also accessible via Kapiolani Boulevard.
Key Highlights
- Fee‑simple ownership with no ground lease
- 1,187‑square‑foot ground‑floor storefront configured as a salon
- Plumbed shampoo bowls and styling stations are in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,419
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$628,380
$628.4K
Cap Rate 7%
$448,843
$448.8K
Cap Rate 9%
$349,100
$349.1K
Market Conditions
NOI Build-Up for 1,187 SF
Gross rent
$47.1K $39.72/SF
− Vacancy
−$2.3K −$1.91/SF
EGI
$44.9K $37.81/SF
− OpEx
−$13.5K −$11.34/SF
NOI
$31.4K $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%
$628,380
Cap Rate 7%
$448,843
Cap Rate 9%
$349,100
Alternative Uses
Best Use
Retail
$448.8K
$392.7K – $523.7K
NOI $31,419 @ 7.0% cap · market cap 3.49%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$480.9K
$420.8K – $561.1K
NOI $33,663 @ 7.0% cap · market cap 3.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Demographics for 96813, HI
27,372
Population
13,511
Households
2
Avg Household Size
43
Median Age
48%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
7,603
Density / Sq Mi
$87,799
Median Household Income
$57,619
Median Earnings
$1,821
Median Rent
$804,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Storefront property - Ground-floor space includes salon fixtures, plumbing, equipment, and a dedicated parking stall.
Where is this storefront property located?
The property is located at C115-725 Kapiolani Blvd Honolulu, HI.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Fee‑simple ownership with no ground lease; 1,187‑square‑foot ground‑floor storefront configured as a salon; Plumbed shampoo bowls and styling stations are in place
