| Description | Rare Investment Opportunity! A 25-Room Apartment Building+ Liquor Store. Here’s your chance to own a high-demand, income-generating property in a high traffic count area in the heart of Central Oahu. This two-story apartment complex features 25 rentable Studio /rooms, designed for maximum occupancy and ideal for use as a boarding house or workforce housing. Each of the two floor includes shared cooking areas and bathrooms, keeping operating costs low and rental flexibility high. What truly sets this property apart is the standalone liquor retail store located at the front of the lot—a built-in revenue stream with high visibility and foot traffic. Steps away from bus stops, making transportation easy for tenants and customers. Close proximity to Government Offices, Queens hospital, Straub Hospital, medical offices, schools, and major shopping centers. High-traffic area with strong rental demand and commercial visibility. Whether you're an investor looking to maximize cash flow or a business owner seeking mixed-use potential, this unique property delivers. |
|---|---|
| Status | Pending since 05-01-2026 |
| MLS# | 202608740 |
| Price | $2,375,000 |
| Original Price | $2,375,000 |
| Price Change | (0.00%) |
| Studio Units | 25 |
| One Bed Units | 0 |
| Two Bed Units | 0 |
| Three Bed Units | 0 |
| Land Sq Ft | 5,469 |
| Land Tenure | FS - Fee Simple |
| Maintenance Fee | $0 |
| Address | 729 Kinau Street Honolulu HI 96813 |
| Region | Metro |
| Neighborhood | Kapio/Kinau/Ward |
| Days on Market | 118 |
| Year Built | 1948 |
| Year Remodeled | 1968 |
| Condition | Fair |
| View | None |
| Frontage | Other |
| Parking | None |
| Zoning | 33 - BMX-3 Community Business M |
| Flood Zone | Zone X |
| Tax Amount | $2,114 |
| Assessed Land | $1,722,700 |
| Assessed Building | $335,100 |
| Assessed Total | $2,057,800 |
| Assessed Ratio | 115% |
| Utilities | Cable, Overhead Electricity, Septic, Water |
| Construction | Above Ground, Concrete, Wood Frame |
| Lot Features | Clear, Other |
| Disclosures | 1031 Exchange, Call Listor, See Remarks |
| Land Recorded | Dual Systems |
| Possession | At Closing, Immediate, Negotiabl |
| Sale Conditions | None, Subject To Repl. Property |
| Topography | Level, Other, Terraced |
| Roofing | Other |
| Easements | Other |
| Parcel # | 1-2-1-041-019-0000 |
| Listing courtesy of | Pacific Century Realty |
Property History from MLS
| Date | MLS# | Change | Old Value | New Value | List Price | Sold Price | Assessed Total | Land | Building |
|---|---|---|---|---|---|---|---|---|---|
| 08-28-2026 | 202608740 | Pending | A | P | $2,375,000 | $0 | $2,057,800 | $1,722,700 | $335,100 |
| 05-01-2026 | 202608740 | New Listing | A | $2,375,000 | $0 | $2,057,800 | $1,722,700 | $335,100 | |
| 04-05-2026 | 202514057 | Expired | A | X | $2,400,000 | $0 | $2,045,500 | $1,722,700 | $322,800 |
| 11-15-2025 | 202514057 | Back On Market | P | A | $2,400,000 | $0 | $2,045,500 | $1,722,700 | $322,800 |
| 10-07-2025 | 202514057 | Pending | A | P | $2,400,000 | $0 | $2,045,500 | $1,722,700 | $322,800 |
| 06-13-2025 | 202514057 | New Listing | A | $2,400,000 | $0 | $2,045,500 | $1,722,700 | $322,800 | |
| 08-10-2022 | 202213437 | Withdrawn | A | W | $2,199,500 | $0 | $1,883,800 | $1,586,000 | $297,800 |
| 07-13-2022 | 202213437 | New Listing | A | $2,199,500 | $0 | $1,883,800 | $1,586,000 | $297,800 | |
| 07-05-2022 | 202210372 | Withdrawn | A | W | $2,195,000 | $0 | $1,883,800 | $1,586,000 | $297,800 |
| 05-31-2022 | 202210372 | New Listing | A | $2,195,000 | $0 | $1,883,800 | $1,586,000 | $297,800 | |
| 05-16-2022 | 202204435 | Withdrawn | A | W | $2,195,000 | $0 | $1,883,800 | $1,586,000 | $297,800 |
| 05-14-2022 | 202204435 | Back On Market | C | A | $2,195,000 | $0 | $1,883,800 | $1,586,000 | $297,800 |
| 04-07-2022 | 202204435 | In Escrow Showing | A | C | $2,195,000 | $0 | $1,883,800 | $1,586,000 | $297,800 |
| 03-08-2022 | 202204435 | New Listing | CS | A | $2,195,000 | $0 | $1,883,800 | $1,586,000 | $297,800 |
| 03-08-2022 | 202204435 | Coming Soon | CS | $2,195,000 | $0 | $1,883,800 | $1,586,000 | $297,800 | |
| 12-27-2020 | 202014970 | Expired | A | X | $2,195,000 | $0 | $1,840,800 | $1,514,900 | $325,900 |
| 06-26-2020 | 202014970 | New Listing | A | $2,195,000 | $0 | $1,840,800 | $1,514,900 | $325,900 | |
| 05-03-2020 | 201933461 | Expired | A | X | $2,195,000 | $0 | $1,840,800 | $1,514,900 | $325,900 |
| 12-02-2019 | 201933461 | New Listing | A | $2,195,000 | $0 | $1,840,800 | $1,514,900 | $325,900 | |
| 12-02-2019 | 201933461 | $2,195,000 | $2,195,000 | $0 | $1,840,800 | $1,514,900 | $325,900 | ||
| 11-16-2019 | 201930783 | Withdrawn | A | W | $2,199,000 | $0 | $1,840,800 | $1,514,900 | $325,900 |
| 11-04-2019 | 201930783 | New Listing | A | $2,199,000 | $0 | $1,840,800 | $1,514,900 | $325,900 | |
| 11-04-2019 | 201930783 | $2,199,000 | $2,199,000 | $0 | $1,840,800 | $1,514,900 | $325,900 | ||
| 10-12-2016 | 201612784 | Withdrawn | A | W | $1,999,000 | $0 | $1,438,300 | $1,175,800 | $262,500 |
| 10-12-2016 | 201612784 | Back On Market | C | A | $1,999,000 | $0 | $1,438,300 | $1,175,800 | $262,500 |
| 08-02-2016 | 201612784 | Active Continue to Show | A | C | $1,999,000 | $0 | $1,438,300 | $1,175,800 | $262,500 |
| 05-31-2016 | 201612784 | $1,999,000 | $1,999,000 | $0 | $1,438,300 | $1,175,800 | $262,500 | ||
| 05-31-2016 | 201612784 | New Listing | A | $1,999,000 | $0 | $1,438,300 | $1,175,800 | $262,500 | |
| 04-29-2005 | 2405657 | Expired | T | X | $1,000,000 | $0 | $611,000 | $428,200 | $182,800 |
| 06-29-2004 | 2405657 | Temporarily Withdrawn | A | T | $1,000,000 | $0 | $611,000 | $428,200 | $182,800 |
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