Property profile

445 Seaside Ave Honolulu, HI 96815

OFF-MARKET
Hotels
Property ID
US24-0600240
1.14 ac lot
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Hotels
Use group HOTEL-RESORT
Lot 1.14 ac (49,823 SF)
Zoning code APT. PRECI
APN 1-2-6-021-026
UPID US24-0600240

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Vacation Rental Hotel & Motel
  • Travel Agency
  • Bed & Breakfast Hotel & Motel
  • Auto Repair Shop

Location

445 Seaside Ave Honolulu, HI 96815-2640
Honolulu metro Census 2003 URBAN HONOLULU, HI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2026
Last sale
$38,366
7 recorded transactions
2026
$443,000
2026
Price N/A
2026
Price N/A
2026
Price N/A
2026
$447,000
2024
Price N/A
2024
$950,000

Zoning & alternative use

APT. PRECI · Honolulu, HI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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