1126 12Th Ave Honolulu, HI 96816
- Commercial real estate
- 10,990 SF
- 0.13 lot acres
Current Use by Public Records
- The Ritual Grove / Coworking Space
- Dahlia Bursell Acupuncture / Acupuncture Clinic
- Alternative Health / Alternative Medicine Practitioner
- Miso 808 Meditate / Meditation Center / Massage Therapist
- Ebisu Y & Associates / General Contractor / Engineer
Property Details for 1126 12Th Ave
- Year built
- 1962
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.13 lot acres
- Property size
- 10,990 SF
- Zone code
- B-2
- Property type
- Commercial real estate
- APN
- 1-3-2-006-019
- APU
- 132006019
Description
This three-story mixed-use building at 1126 12th Avenue, Honolulu, Hawaii, presents a compelling investment opportunity. Spanning 10,990 square feet on a 0.13-acre lot, the property offers 9,523 square feet of leasable space currently boasting a 96% occupancy rate. Situated in the desirable Kaimuki neighborhood, this asset benefits from a vibrant local atmosphere, surrounded by a diverse mix of restaurants, shops, and cafes. The building's prime location provides easy access to both Waikiki and downtown Honolulu, while maintaining a distinct community feel. While on-site parking is not available, the building's rear offers convenient access to a nearby municipal parking lot, a common arrangement in this busy area. The asking price for this established retail and office building is $6,100,000. This property represents a strong investment in a thriving Honolulu neighborhood with high demand for commercial space. The building's high occupancy rate and desirable location make it an attractive prospect for investors seeking a stable and potentially appreciating asset. The mixed-use nature of the property also offers flexibility for future tenants and potential income diversification.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $400,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $588,000
Market price range: $482k - $3.21M
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Location Insight
- Map
- Local Demand
- City
- Honolulu
- County
- Honolulu
- State
- Hawaii
- Longitude
- -157.8
- Latitude
- 21.2818
- CBSA code
- 46520
- CBSA name
- URBAN HONOLULU, HI METROPOLITAN STATISTICAL AREA