1980 Kalākaua Avenue
OWNER-USER OR INVESTMENT OPPORTUNITY • EXCELLENT KALAKAUA FRONTAGE LOCATION
Marketing description
Positioned at the gateway to Waikiki, 1980–1984 Kalakaua Avenue presents a rare opportunity
to acquire a highly visible fee simple mixed-use commercial property along one of Honolulu’s most recognized urban corridors. Situated on approximately 4,292 square feet of land with approximately 3,936 square feet of building area across multiple TMKs, the Property benefits from strong frontage and exposure along Kalakaua Avenue with convenient access between Waikiki, Ala Moana, and urban Honolulu.
The Property is zoned Resort Mixed Use, allowing for a variety of hospitality, transient rental, residential, and commercial uses. Improvements include multiple income-producing units across two separate buildings. The front building consists of approximately 1,322 square feet of retail
space on the ground floor, together with one 1-bedroom/1-bath unit and one 2-bedroom/1-bath unit on the second floor. The rear building includes office/storage space on the ground floor and two studio units above.
With flexible mixed-use potential, existing income, and continued reinvestment throughout the surrounding Waikiki corridor, the Property offers investors and owner-users a compelling opportunity for repositioning, redevelopment, or long-term hold.
Investment highlights
• Fee simple commercial investment opportunity
• Prime frontage along highly sought-after, Kalakaua Avenue
• Located at the entrance to world-famous Waikiki with strong daily traffic counts
• Approximately 3,936 square feet of rentable building area
• Approximately 4,292 square feet of land area
• Flexible Resort Mixed-Use zoning allowing a variety of commercial and mixed-use uses
• Multiple suites provide leasing flexibility and diversified income potential
• High visibility signage and storefront exposure
• Minutes from Waikiki hotels, Ala Moana, Convention Center, and beach destinations
• Strong surrounding residential and visitor population base
• Potential owner-user opportunity with supplemental rental income
• Rare small-format urban commercial asset in a supply-constrained market
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