For Sale: Rare Investment Opportunity 20-Room Apartment + Liquor Store. Heres your chance to own a high-demand, income-generating property in the heart of Central Oahu. This two-story apartment complex features 20 rentable rooms, designed for maximum occupancy and ideal for use as a boarding house or workforce housing. Each floor includes shared cooking areas and two 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 lota 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 hospitals and 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. Seller is conducting 1031 Exchange.
Property Features
Bathrooms
Appliances
- Washer
- Laundry Features: Coin-operated
Interior Features
- Furnished Description: Unfurnished
Land Info
- Lot Description: Cleared
- Lot Size Acres: 0.125551
- Topography: Terraced
- Lot Size Square Feet: 5469
Garage and Parking
- Parking Features: Assigned
- Parking Total: 2
Homeowners Association
- Association Fee Frequency: Monthly
- Association Fee 2 Frequency: Monthly
Multi-Unit Info
Rental Info
Other Property Info
- Annual Tax Amount: 24732.00
- Source Listing Status: Active
- County: Oahu
- Source Property Type: Residential
- Area: Metro
- Property Subtype: condo
- Source Neighborhood: KAPIO/KINAU/WARD
- Parcel Number: 1-2-1-041-019-0000
- Postal City: Honolulu
- Subdivision: KAPIO/KINAU/WARD
- Zoning Description: 33 - BMX-3 Community Business M
- Property Subtype: Multi Family
- Source System Name: C2C
Commercial Info
- Operating Expense Includes: Real Estate Tax
Building and Construction
- Year Built: 1948
- Building Area Total: 3648
- Construction Materials: Single Wall
- Levels: Two
- Property Age: 77
- Property Condition: Average Condition
- Levels or Stories: 2
- Structure Type: Apartment, Multi Family
- Total Area Sqft: 3648
- Year Built Effective: 1968
Utilities
- Sewer: Septic Tank
- Sewer Available
- Water Available