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 18, 2024

Listed

November 6, 2024

Updated

Map

1022 Bethel Street
Honolulu HI, 96813

Interior Features

Total Stories

5


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.23 Acres


Roof

Composition

School Information

High School

Roosevelt


Elementary School

Lincoln

Other Property Details

Area Name

Metro


Taxes

$118,488


Tax Frequency

Annually


Days on Market

127


Garage

No


Parking

On Street


View

No


County

Oahu


Pool

No


Zoning

34 - BMX-4 Central Business Mix

Listing History

Date

Event

Price

10/24/2024

Under contract

 

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 11/6/2024 11:40 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 11:40 PM UTC, 11/6/2024

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