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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

212 Merchant St Honolulu, HI 96813

989 SF
Property ID
Property summary
AI-generated overview

This thriving restaurant, situated in Honolulu's financial district within the Arcade Building, presents a fantastic investment opportunity. The 989-square-foot space boasts a fully equipped kitchen, including two large reach-in refrigerators, a large freezer, deli fridge, fryer, grill, flat top, six-burner range top oven, three food warmers, and a beverage fridge. Additional features include a well-designed juice bar, a convenient window counter for ordering, ample storage, a hood/exhaust system, a 30-gallon grease trap, and a brand-new hot water tank. The property also benefits from its own central AC unit. A new four-year lease is in place at a rate of $5 per square foot. The asking price is $149,000, translating to $150.66 per square foot. This is a single-tenancy property located at 212 Merchant St, Honolulu, HI 96813.

Property profile
Verified
Property type Retail properties & Spaces
Total area 989 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Prime Roast Cafe Cafe & Coffee Shop
  • Island Natural Medicine Medical Clinic
  • BM Spa and bodyworks Alternative Medicine Practice Spa & Massage Center
  • Henniger & Henniger Inc Architecture Firm
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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