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401 Kamakee Street, Honolulu, HI, 96814
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401 Kamakee Street, Honolulu, HI 96814

$20,000,000 Commercial cancelled 24,793 sqft Neighborhood:  Kakaako
4 min walk to Ala Moana Regional Park
8 min walk to Ala Moana Beach
9 min drive to Ala Wai Golf Course
18 min walk to Point Panic
9 min walk to Kewalos
About lifestyles
Location, Location, Location! This offering presents a unique opportunity to acquire a One-of-A-Kind mix-use building in the Thriving Kaka'ako Honolulu area. A highly visible location directly across from Wholefoods attracting substantial vehicular and pedestrian traffic. Only blocks away from all the luxury condos, Ala Moana Mall and Beach park. 40 on site parking spaces and other options in the area. Well managed, maintained, and remodled through the years. Strong rental rates w/a waiting list to get into the building. Been fully occupied for years while other building have vacancies. A great purchase for a future Owner-User, High net worth Investor, or 1031 exchange opportunity. A truely amazing property.
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Details

1960 year built
  • Year Built 1960
  • Original list price $20,000,000
  • Days on market 258
  • Price per sqft $807/sqft
  • Address

    401 Kamakee Street, Honolulu, HI, 96814

  • Neighborhood Kakaako
  • Land area 23,256 sqft / 0.534 acres
  • Total Interior Area 24,793 sqft
  • City of Oahu Honolulu
  • Region Honolulu
  • Island Oahu
  • Land tenure FS - Fee Simple
  • Number of Units 38
  • Parking Spaces 40
  • Annual Expenses 504000
  • Net Operating Income 1008000

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$101,975
Taxes
$9,000
HOA dues
$0
$110,975 per month
Mortgage
Down payment
$4,000,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $101,975 / month

Neighborhood: Kakaako

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
17.67 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Amenities & Features

40 parking places, Concrete, Other floors
Roof
Other
Property Condition
Above Average
Business Type
Mixed Use, Office, Restaura
Construction/Exterior Finish
Reinforced Concrete
Air Conditioning
Central AC, Individual
Loading
Other
Floor Covering
Concrete, Other
Income Information Source
Accountant, Broker
Expense Information Source
Accountant, Broker
Easements
Sewer, Utility, Water
Documents Available
Environmental Assessment, Lease Documents, Other
Parking
Off Site, On Site, Pay Public, Street
Utilities Included
Gas, Light Electricity
Amenities
ADA Accessible, ADA Compliant, Office, Public Restroom

Kakaako prices

Average price $1.25m
Neighborhood average sales price*
$1.25m
Neighborhood median sales price*
$1.29m
Number or sales*
5
Street median sales price*
$988k
*last 6 months

About Kakaako

Kakaako Real Estate & Lifestyle Kakaako real estate is synonymous with contemporary urban living and an outdoor enthusiast's paradise. This vibrant neighborhood in Honolulu, Hawaii, offers a unique blend of luxurious high-rise condominiums, upscale sh Read more

Schools

15 schools with rating up to 8
School rating Distance
NR
Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
Elementary School
0.038mi
NR
Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
Middle School
0.038mi
3
out of 10
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
High School
0.402mi
School rating Distance
NR
Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
0.038mi
8
out of 10
Voyager - A Public Charter School
547 Halekauwila St, Honolulu, HI 96813
0.641mi
8
out of 10
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St, Honolulu, HI 96813
0.709mi
NR
Kawaiaha'o Church School
872 Mission Lane, Honolulu, HI 96813
0.73mi
3
out of 10
Queen Kaahumanu Elementary School
1141 Kinau St, Honolulu, HI 96814
0.733mi
School rating Distance
NR
Redemption Academy
423 Kamakee Street, Honolulu, HI 96814
0.038mi
8
out of 10
Voyager - A Public Charter School
547 Halekauwila St, Honolulu, HI 96813
0.641mi
8
out of 10
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St, Honolulu, HI 96813
0.709mi
8
out of 10
President George Washington Middle School
1633 South King St, Honolulu, HI 96826
1.029mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
1.043mi
School rating Distance
3
out of 10
President William Mckinley High School
1039 South King St, Honolulu, HI 96814
0.402mi
8
out of 10
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St, Honolulu, HI 96813
0.709mi
NR
Hawaiian Mission Academy
1438 Pensacola Street, Honolulu, HI 96822
0.902mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
1.043mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
1.043mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Cancelled Nov 14, 2023
Date Event Price $/sqft Source
Nov 14, 2023 Cancelled $20,000,000 $806.68 MLS #202316748
Jul 20, 2023 New Listing $20,000,000 $806.68 MLS #202316748
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Tax & MLS details 401 Kamakee Street, Honolulu, HI, 96814

Kak – Kakaako Community Development Project zoning / MLS #202316748
Current Property Taxes p/month
$9,000
Property Tax Year
2022
Assessed Improvement value
$2,676,900
Assessed Land value
$6,878,000
TMK
1-2-3-004-029-0000
Land Recorded
Land Court
Zoning
Kak – Kakaako Community Development Project
Flood Zone
Zone AE
Total Assessed value
$9,554,900
Listed by
JER Realty
(808) 781-7993
MLS #
202316748
Hawaii House tour report for this commercial
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Similar homes nearby 401 Kamakee Street in Kakaako

Recently sold nearby 401 Kamakee Street in Kakaako

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Frequently asked questions for 401 Kamakee Street

What is 401 Kamakee Street?

401 Kamakee Street is a Commercial/Industrial

How many units does it have?

401 Kamakee Street has 38 units.

What is the rental income?

The net income is $1,008,000
*check with agent

What is the full address of this commercial?

401 Kamakee Street, Honolulu, HI, 96814.

What comparable properties are nearby?

Comparable nearby commercial properties include 1175 Hopaka St, 425 N King St, 1016 Kapahulu Ave, 3717 Manoa Road, 2726 Waiwai Loop.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of JER Realty. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on June 14, 2024.
Hawaii House Last checked 1 minute ago.

Commercial cancelled $20,000,000 401 Kamakee Street, Honolulu, HI, 96814 24,793 sqft Save House Remove from Saved