1120 Maunakea St Honolulu, HI 96817
- Commercial real estate
- 35,044 SF
- 1.07 lot acres
Current Use by Public Records
- Susan's Meat Market / Butcher Shop
- Malasig 7 Sisters Meat Market / Butcher Shop
- Thanh French Coffee & Bubble Tea / Bubble Tea Store / Tea House
- Ku's Canoe / Asian Restaurant
- Adams Retail Store / Grocery Store
Property Details for 1120 Maunakea St
- Year built
- 1989
- Lot size
- 1.07 lot acres
- Property size
- 35,044 SF
- Zone code
- BMX-4
- Property type
- Commercial real estate
- APN
- 1-1-7-003-096
- APU
- 117003096
Description
This exceptional opportunity presents multiple retail and restaurant spaces within the vibrant Maunakea Marketplace in Honolulu, Hawaii. Located at 1120 Maunakea Street, zip code 96817, this bustling open-air market offers a unique blend of retail and food vendors, creating a thriving community atmosphere. The property, built and renovated in 1989, sits on 1.07 acres and boasts a total building area of 59,347 square feet. Units are available in various sizes, ranging from a minimum of 75 square feet to a maximum contiguous space of 600 square feet, providing flexibility for a wide range of businesses. The property is zoned BMX-4, ideal for retail and restaurant uses. The Maunakea Marketplace provides an established customer base and high foot traffic, making it an attractive location for businesses seeking exposure within a diverse and vibrant community. The market offers a variety of goods, including produce, jewelry, souvenirs, and an extensive array of food options. Potential tenants could establish businesses selling fresh seafood, fruits and vegetables, meats, or other market items. This is a rare chance to secure a space in a well-established and successful Honolulu marketplace. The property's location in Honolulu County offers excellent accessibility and visibility. Don't miss this chance to become part of the thriving Maunakea Marketplace community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $13,670,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $14,680,000
- 6.5%
- $12,750,000
- 7%
- $14,190,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $13,765,000
- Geo Method
- $11,865,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $12,885,000
- Retail
- $13,190,000
- Mixed-Use
- $14,955,000
- Hospitality
- $14,940,000
- Educational
- $13,050,000
- Residential Income
- $13,680,000
- Energy
- $13,630,000
- Income-Based Land
- $14,080,000
- Food Service
- $12,110,000
Location Insight
- Map
- Local Demand
- City
- Honolulu
- County
- Honolulu
- State
- Hawaii
- Longitude
- -157.863
- Latitude
- 21.3129
- CBSA code
- 46520
- CBSA name
- URBAN HONOLULU, HI METROPOLITAN STATISTICAL AREA