Under contract
Active Under Contract
1022 Bethel Street
Honolulu HI, 96813
$8,000,000
$161.37 per sqft
Under contract
Active Under Contract
49,574 sqft
Commercial
Built in 1940
Rare opportunity for an owner-user or investor to acquire the fee simple interest in the landmark office property located at 1022 Bethel Street. This property, serviced by an elevator, has been meticulously maintained with "Class A" finishes by its current tenant, Island Insurance. The tenant will be vacating at the end of 2024, making the property available for almost immediate occupancy. The property features approximately 49,574 square feet of building area, including first-floor retail spaces with high visibility fronting South King and Bethel Streets. Parking is available for purchase or lease separately directly across Bethel Street in the former Walmart parking garage. Situated in the heart of Honolulu's downtown renaissance, it is adjacent to several significant redevelopments, including residential condominiums and retail spaces. This is an exceptional opportunity for a business to establish a strong presence and legacy in downtown Honolulu, benefiting from the ongoing revitalization and growth of the area.
202414402
MLSⓇ ID
June 17, 2024
Listed
December 5, 2024
Updated
Map
1022 Bethel Street
Honolulu HI, 96813
Interior Features
Total Stories
5
Interior Features
Handicap Access
Floor Description
Concrete
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.23 Acres
Sewer
Connected
School Information
High School
Roosevelt
Elementary School
Lincoln
Other Property Details
Area Name
Metro
Taxes
$118,488
Tax Frequency
Annually
Days on Market
127
Association Amenities
Media Room
Garage
No
Parking
On Street
View
No
County
Oahu
Pool
No
Courtesy of Standard Management LLC, Michael M Okamoto
Listing Contact: (808) 208-8107
Based on information from the Multiple Listing Service of HI - Honolulu Board of REALTORS® / HiCentral (HBR) listings last updated on 12/5/2024 5:26 PM UTC. Information is deemed reliable but not guaranteed. Copyright: 2024 by the Honolulu Board of REALTORS®/ HICentral. Some of the 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. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require the use of other disclaimers as necessary to protect participants and/or the MLS from liability.
©2024 Honolulu Board of REALTORS®/ HICentral. All rights reserved.
Data last updated 5:26 PM UTC, 12/5/2024