Sold

430 Piikoi Street

Honolulu HI, 96814

$9,600,000


$595.09 per sqft

Sold

16,132 sqft

Commercial

Built in 1957

Prime location across the street from Ala Moana shopping center and Ala Moana Beach Park. Property zoning falls under the Kakaako Hawaii Community Development Authority (HCDA). Perfect opportunity to redevelop in possible affordable housing under Bill 7 or into a retail strip mall. All plans for redevelopment must be submitted and approved by HCDA. Currently this property is generating a 3% CAP rate at $12M. Minutes away from Howard Hughes development in Ward and nestled among luxury high rise condominiums. Subject parcel is over 20,000 sq.ft and over 16,000 in useable interior square footage. Great diverse tenants from bar/restaurant, retail clothing, massage, and taxi dispatch. Rare opportunity to purchase prime real estate land in the Ala Moana area!

202106548

MLS ID

March 8, 2021

Listed

February 15, 2024

Updated

Map

430 Piikoi Street
Honolulu HI, 96814

Interior Features

Total Stories

3


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

20,448 Acres

Other Property Details

Area Name

Metro


Taxes

$56,954


Tax Frequency

Annually


Days on Market

168


Garage

No


Parking

On Street


Parking Total

29


View

No


County

Oahu


Pool

No


Zoning

Kak ? Kakaako Community Development Project

 

Courtesy of Ivy K Realty, LLC, Marc T Kumai

Listing Contact: 8085915660 

Based on information from the Multiple Listing Service of HI - Honolulu Board of REALTORS / HiCentral (HBR) listings last updated on 2/15/2024 10:56 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 10:56 PM UTC, 2/15/2024

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