2556 Lemon Rd, Honolulu, HI 96815-3740
This exceptional retail opportunity is situated within the vibrant Waikiki Beachside Hostel at 2556 Lemon Rd, Honolulu, HI 96815. The property consists of two separate retail spaces, totaling 900 square feet of vacant space, within a larger 11,276 square foot building. Each space offers approximately 400-500 square feet and benefits from existing plumbing and a private restroom. Outdoor seating is also available, enhancing the appeal for customers. The building, constructed in 1965 and renovated in 2014, features two buildings with four stories each. The property sits on a 9,500 square foot lot (0.22 acres) and is zoned U/X6/20. Its convenient location near Paoakalani Street provides easy access to abundant public parking. This prime location in the heart of Oahu's highest-density tourist area offers unparalleled exposure and foot traffic. The property includes two suites in total and boasts a desirable location for a cafe or similar retail business. The property's APN is 1-2-6-027-023-0001, 1-2-6-027-023-0017. Electricity is available on site. This is a rare opportunity to establish a thriving business in one of Hawaii's most sought-after destinations.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
U/X6/20 · Honolulu, HIHonolulu. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.