2020 King St Honolulu, HI 96826
- Retail properties
- 5,102 SF
Current Use by Public Records
- Dm Pacific, Inc. / General Contractor
- Pacific Architects Inc / Architect / Architectural Designer
- Hawaii Ishizuchi Shrine / Shinto Shrine
Property Details for 2020 King St
- Year built
- 1962
- Property size
- 5,102 SF
- Property type
- Retail properties
- Property subtype
- Mixed-use properties
Description
This exceptional mixed-use property at 2020 S King St, Honolulu, HI 96826 presents a compelling redevelopment opportunity. The 5,102 square foot building, constructed in 1962, sits on a substantial 13,062 square foot lot (APN: (1) 2-8-3: 6) and is zoned BMX-3. The asking price is $5,000,000, translating to $980.01 per square foot. This prime location offers high visibility and significant vehicle traffic on a major thoroughfare. The property benefits from its proximity to Waikiki and the University of Hawaii, ensuring high demand and strong potential for future development. An existing freestanding office building is on-site. Bill 7 allows for higher-density redevelopment, presenting a significant value-add opportunity and upside potential. The large, level lot and high barriers to entry due to limited available land make this a rare and highly desirable owner-user investment. This convenient urban Honolulu location offers a unique chance to capitalize on a thriving market. The property's high visibility and accessibility make it an ideal location for a variety of commercial uses.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Honolulu
- County
- Honolulu
- State
- Hawaii
- Longitude
- -157.829
- Latitude
- 21.2951
