445 Seaside Ave, Honolulu, HI 96815-2640

1.14 ac lot

Entity Owned ~ Est. High Equity

Property ID

US24-0600240

Google Maps

This exceptional investment opportunity presents six commercial units within the prestigious Island Colony Condominium in Honolulu, HI, 96815. The property boasts a prime location at 445 Seaside Ave, situated within a 43-story building featuring a mix of residential and commercial spaces. The offering includes a diverse range of commercial units, catering to various business needs. Unit #2, a vacant 3,000-93,227 square foot space, is ideally suited for a restaurant or commercial kitchen, benefiting from a dedicated exhaust vent extending through multiple floors. Unit #3, also 3,000 square feet, is currently leased to three separate tenants: Suite Dreamz Tattoo, Keoni Jewelry, and Hi Smart Car Rental. Unit #4, a 4,113 square foot space on the 6th floor, is currently leased to Island Colony Mini Mart and Aoao Offices and Meeting Area, and is suitable for a cocktail bar or coffee shop. Finally, Unit #5 encompasses a substantial 93,227 square feet, housing 291 parking stalls and currently under lease to Elite Parking Services LLC. The building itself offers a spacious lobby, a vibrant recreation and sun deck, and ample parking across three floors. This unique offering presents a compelling investment opportunity in a thriving Honolulu location, with a diverse portfolio of commercial units generating income and potential for future growth. The property is zoned for apartment use and offers a blend of established tenants and vacant spaces ready for immediate development.