1123 11Th Ave Honolulu, HI 96816
- Commercial real estate
- 13,575 SF
- 0.16 lot acres
Current Use by Public Records
- Michael C Izumi, DDS / Dentist
- Bryant B LaPorte DDS / Dentist
- United Steel LLC / Welder
- Caron B Realty International / Real Estate Agency
- DW REALTY HAWAII / Property Management Company
Property Details for 1123 11Th Ave
- Year built
- 1961
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.16 lot acres
- Property size
- 13,575 SF
- Zone code
- B-2
- Property type
- Commercial real estate
- APN
- 1-3-2-006-021
- APU
- 132006021
Description
This exceptional restaurant opportunity is located in a thriving Kaimuki, Honolulu mixed-use building. The ground floor space totals 3,637 square feet, part of a larger 13,573 square foot building with multiple tenants. The property sits on a 0.16-acre lot and is zoned BMX-3. Its convenient location in the heart of Kaimuki offers easy access to a diverse customer base. Kaimuki's vibrant atmosphere, known for its eclectic mix of restaurants and shops, makes this an ideal location for a food and beverage establishment. The property's proximity to both East Oahu and Downtown Honolulu provides excellent accessibility. Ample parking is available in a nearby municipal lot. The property's address is 1123 11th Ave, Unit #101, Honolulu, HI 96816, with the Assessor's Parcel Number (APN) being 1-3-2-006-021-0000. This is a rare chance to establish a business in a highly sought-after area. The building is a three-story structure combining retail and office spaces. This listing presents a unique opportunity for a restaurant to thrive in a dynamic and established neighborhood.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $7,000,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,035,000
- 6.5%
- $6,420,000
- 7%
- $7,480,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $7,350,000
- Geo Method
- $6,390,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,785,000
- Retail
- $6,125,000
- Mixed-Use
- $8,145,000
- Hospitality
- $7,455,000
- Educational
- $7,175,000
- Residential Income
- $6,560,000
- Energy
- $7,850,000
- Income-Based Land
- $6,865,000
- Food Service
- $6,260,000
Location Insight
- Map
- Local Demand
- City
- Honolulu
- County
- Honolulu
- State
- Hawaii
- Longitude
- -157.8
- Latitude
- 21.2821
- CBSA code
- 46520
- CBSA name
- URBAN HONOLULU, HI METROPOLITAN STATISTICAL AREA