Property summary
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
VerifiedCap rate & NOI
Current use
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Hotel & Motel
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Vacation Rental Hotel & Motel
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Travel Agency
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Bed & Breakfast Hotel & Motel
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
APT. PRECI · Honolulu, HIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for APT. PRECI in Honolulu, HI.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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