Kaalaea Active Multi-Family

Listings | Spreadsheet View | Sold Listings

1 Active 0 Contract 0 Pending 1 Total

Property Type: Multi-Family | Status: Active, Active Under Contract, Pending | Region: Kaneohe

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  Status: Active
  MLS Number: 202619276
  List Price: $1,700,000
  Units: 2
  0/1/2/3 Bed: 0/2/0/0
  Fee:
  Region: Kaneohe
  Neighborhood: Kaalaea
  List Date: 10-13-2026
  Address: 47-723 Kamehameha Highway
  Land: 11,279
  Year Built: 1948
  Listing courtesy of eXp Realty
  Description: Rare opportunity to own a highly visible commercial property on Kamehameha Hwy with excellent frontage and steady foot and car traffic. Currently operating with limited hours and cash-only transactions, this property offers huge upside potential for a new owner to expand operations, modernize payment systems, and capture untapped revenue. The spacious retail area includes unused square footage that can be reconfigured for additional sales or services. A unique bonus is the attached 2-bedroom dwelling, perfect for live-work flexibility or rental income. With strong visibility, prime location, and multiple income streams, this property is ready to be elevated to its full potential.
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