2040 Kuhio Ave Honolulu, HI 96815-2138

Property Details for 2040 Kuhio Ave

Year built

1968

Construction

CONCRETE

Lot size

0.61 lot acres

Property size

108,630 SF

Zone code

APT. MIXED

Property type

Hotels

APN

1-2-6-015-001

APU

126015001

Description

This exceptional 26,470 square foot, 19-story building, zoned for hotel use, presents a unique retail and restaurant investment opportunity at 2040 Kuhio Avenue in Honolulu County. Located at the entrance to Waikiki, this property enjoys unparalleled visibility at the corner of Kuhio and Namahana Streets, offering high foot traffic from airport arrivals. The building, known as the Romer Waikiki at The Ambassador, recently completed a substantial $75 million renovation encompassing all 368 hotel rooms and common areas. This renovation has resulted in a fresh, modern, boutique aesthetic, enhancing the property's appeal. Currently, there is 4,800 square feet of vacant retail space available, ideal for a variety of uses. The property features multiple tenancies, including two existing restaurants, and provides convenient valet parking for guests and patrons. The property's APN is 2-6-15-1. This is a rare chance to secure a prominent retail space within a newly renovated, high-traffic Waikiki landmark. The building's prime location and recent upgrades make it an attractive investment for discerning buyers seeking a high-return opportunity in a thriving tourist destination. The significant investment in renovations ensures a modern and appealing environment for both tenants and customers.