Description: Opoortunity is knocking on this incredible porperty. Zoned IMX-1, this property zone holds immense potential! Two separate structures; the front structure includes separate entrances, while the back structure is a 4 unit concrete tile building, each unit being a 2-bedroom, 1-bathroom setup. Back structure has four separate electrical meters. This property is a gem.
Description: Mixed-use investment opportunity in Kalihi featuring two buildings and nine residential rooms. The ground floor commercial unit has a CUP in place with roll-up door access and direct street frontage — suitable for retail, grocery, or light industrial use. Building B is currently occupied generating $4,000/month. Building A is actively under renovation. Priced at $1,500,000 with a stabilized cap rate of 7.8–9.0%. The surrounding Kalihi corridor has strong long-term redevelopment fundamentals. Conditional Use Permit (CUP) — Protected Commercial Use The commercial unit carries a CUP, securing its legal commercial operating status within the R-5 residential zone. This rare entitlement protects lender and tenant confidence and is a meaningful differentiator at this price point.
Description: Industrial-zoned income producing property in Kalihi with strong redevelopment or owner-user potential. Property consists of two structures totaling approximately 3,824 sq ft on a 4,514 sq ft lot. Zoned I-2, allowing for a wide range of commercial and industrial uses. Convenient location with easy access to Nimitz Hwy, H-1 Freeway, Airport Sand Island, and Honolulu Harbor. Ideal for investors, contractors, or businesses. Strong upside potential for investors and developers.
Description: Excellent investment opportunity if you are willing to put in a little work. 2-story hollow tile walk-up building with 6 total units: 5-2 Bedroom units; 1-1 Bedroom unit. Building needs roofing repairs/replacement and some spalling repairs. Units need renovations and plumbing repairs. 6 open parking spaces. 5 electric meters and 1 water meter.
Description: An incredible buy in Lower Palama/Kalihi area just steps to N. King St and 5 minutes to downtown. This property actually has 26 total bedrooms. But tax office records show 18 bedrooms. And separated into 14 separate units. Actual number of bedrooms may not agree with tax office records. Sold as is. Must see to appreciate.
Listing courtesy of CBI Residential Advisory Svcs.
Description: $16,000+/month current scheduled Income. 9 (large approx. 640sf) 2-bedroom units with 5 parking stalls. Most units are fully renovated. NEW $70,000 Roof (installed 11-2022 by Kapili Construction). Spall Repairs recently completed. Self-Managed. All units have lanai with washer hookups and sinks. Ground Floor units have fenced-in backyards. QUALIFIES FOR 100% BONUS DEPRECIATION.
Description: An incredible opportunity to acquire a fee-simple, I-2 Zoned property with an existing 6 unit apartment building and excess parking lot leased to a commercial transportation company. Collect the cash-flow while you plan your redevelopment of the property for your business. Utilities are separately metered, owner pays for water. Washer and dryer hook ups are available. The corner lot property is well positioned in Kalihi Kai, within proximity to Amazon's new distribution center, Honolulu Harbor, Daniel K. Inouye International Airport, future Skyline stations, Downtown Honolulu, and major thoroughfares.
Description: Rare opportunity to acquire a 5-unit apartment building in Kalihi with Industrial-Mixed Use zoning, offering strong long-term flexibility. The property is currently operating as a multi-family rental with four occupied 2 bedroom units providing immediate income and one 1 bedroom vacant unit offering flexibility for an owner-occupant or additional rental potential.
