829 Kapahulu Ave Honolulu, HI 96816
- Retail properties
- 3,449 SF
Current Use by Public Records
- Blind Ox / Bar / Tapas Restaurant
Property Details for 829 Kapahulu Ave
- Property size
- 3,449 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This fee-simple offering presents a unique owner-user opportunity in Honolulu's vibrant Kapahulu Corridor. The property comprises two buildings totaling 3,449 square feet on a 4,555 square foot lot. The main structure houses a fully operational, turnkey restaurant with a capacity for 150 diners, including indoor and outdoor seating, and two private rooms. A complete commercial kitchen is equipped with a grease trap and range hood. A potential liquor license transfer is available at closing. A separate two-story building includes additional restrooms, an office, and a basement. These buildings are connected by a covered outdoor seating area. The property underwent a $1.5 million renovation in 2020, encompassing new plumbing and electrical systems. A new photovoltaic system was installed in the two-story building. Located on a corner lot on Kapahulu Avenue, the property benefits from high visibility and over 30,450 vehicles passing daily. The area boasts a diverse consumer base of both locals and tourists, and the property's eclectic decor and existing fixtures, furniture, and equipment (FF&E) may be available for purchase, minimizing start-up costs. Limited on-site parking is available, with additional rental options nearby. The property's prime location, coupled with significant barriers to entry due to land scarcity, makes this a compelling investment. Built in 1928 with effective construction in 1979, the property is zoned B-2. The asking price is $4,200,000.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Honolulu
- County
- Honolulu
- State
- Hawaii
- Longitude
- -157.814
- Latitude
- 21.2826
