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549 Halemaumau St - Niu Valley Center

2,484 - 2,920 SF Retail Condo Units Offered at $2,400,000 Per Unit in Honolulu, HI 96821

Investment Highlights

  • Fully-Leased Fee Simple Investment Offering
  • High Visibility & Convenient Access
  • Newly Built-Out Unit
  • Ample Parking & Strong Cotenancy
  • Underserved Community
  • Strong Demographics

Executive Summary

This 2,484 square foot commercial condo is situated in the Niu Valley Center, in a prime East Honolulu location, ideal for retail or service-oriented businesses. Positioned in a bustling community hub, the center offers excellent visibility and accessibility from the main road, along with ample parking, making it an ideal choice for businesses aiming to establish or expand in Niu Valley. The unit is currently leased to Hangang Korean Grill House, which also operates a location in the Ala Moana area, offering stability and strong tenant appeal.

Data Room Click Here to Access

Property Facts

Price $2,400,000
Unit Size 2,484 - 2,920 SF
No. Units 2
Total Building Size 64,703 SF
Property Type Retail
Property Subtype Restaurant
Building Class B
Floors 1
Typical Floor Size 64,703 SF
Year Built 1965
Lot Size 4.72 AC
Parking Ratio 3.4/1,000 SF

2 Units Available

Unit B4

Unit Size 2,484 SF
Price $2,400,000
Price Per SF $966.18
Condo Use Retail
Sale Type Investment
APN/Parcel ID (1) 3-7-10:53, CPR No. 2
Sale Notes

Commercial Condo For Sale

Unit B6

Unit Size 2,920 SF
Price $2,400,000
Price Per SF $821.92
Condo Use Retail
Sale Type Investment
APN/Parcel ID (1) 3-7-10:53, CPR No. 4
Sale Notes

Commercial Condo For Sale

Amenities

  • 24 Hour Access
  • Bus Line
  • Dedicated Turn Lane
  • Restaurant
  • Signage
  • Air Conditioning

Nearby Major Retailers

CrossFit
Jazzercise

zoning

Zoning Code B-1 (Neighborhood Business District)
B-1 (Neighborhood Business District)
  • Listing ID: 34276860

  • Date on Market: 12/23/2024

  • Last Updated:

  • Address: 549 Halemaumau St, Honolulu, HI 96821

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