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    Property profile & analytics
    OFF-MARKET Estimated value $1,555,000
    Hotels

    2556 Lemon Rd, Honolulu, HI 96815-3740

    5,800 SF 0.22 ac lot Built 1965
    Individually Owned 3-yr Hold Free & Clear
    Property ID
    US24-0594785
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Hotels
    Use group HOTEL-RESORT
    Year built 1965
    Total area 5,800 SF
    Lot 0.22 ac (9,500 SF)
    Zoning code U/X6/20
    APN 1-2-6-027-023
    UPID US24-0594785
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Hawaiian Style Rentals & Sales on Lemon Road Motorcycle Shop
    • Hawaii Scoot Coupe Car Rental Facility
    • Waikiki Beachside Hostel Hostel
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.15M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.56M
    Owner & transaction history
    Patricia Pik Kee Wong · 3 yrs held
    Patricia Pik Kee Wong
    since 2023
    Last sale
    $1.9M
    3 recorded transactions
    2023
    2009
    2007
    $1.9M
    Zoning & alternative use
    U/X6/20 · Honolulu, HI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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