3116 Waialae Avenue, Honolulu, HI 96816

$1,500,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,500,000
Days on Market
2
MLS#
202621654
Status
ACTIVE
Type
Commercial
Building
Na
Land Area
8,041
Land Tenure
FS - Fee Simple
Neighborhood
Palolo
Subdivision
Palolo

Property Description

Plant your business roots in close proximity to Manoa/Kaimuki/Waikiki. This rarely offered B-2: Business/Residential Mixed Use property on the Waialae Ave main commercial corridor features versatile wood and concrete structures. Permitted and conditional uses include a residential multi-family apartment, commercial retail mall, month-to-month boutique hotel, medical/industrial supply store, dry-goods distribution center, corporate office, heavy-vehicle parking lot, care-home facility, religious center, wellness/wedding venue, tutoring/dance classroom, University of Hawaii or Chaminade University labs, after school programs, non-profit site, and other uses by the next lucky owner. With substantial on-site parking capacity and nearby public transportation to Honolulu's main shopping centers and residential areas, this opportunity is perfect for 1031 tax-deferred exchanges, portfolio expansions, and ground-up development. Priced low As-Is. Massive potential resale value and earning potential, depending on your vision! Available for purchase with the neighboring 12,685 sq. ft. property to increase parking, driveway, and useful capacity! Owner occupied. Call to tour.

Additional Information

Island
Oahu
Utilities
Electricity Available, Sewer Connected
Elementary School
Palolo
Middle School
Jarrett
High School
Kaimuki
Lot Size
8,041
Construction Materials
Wood Frame
Neighborhood
Palolo
Frontage
Other
Year Built
1953
Building Name
Na
Sewer
Connected
Parking Features
On Site
Amenities
Media Room
Stories
1
Assessed Total
1578600

Complimentary Value Tool

Enter your Hawaii Home Address

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Hawaii Golden Realty.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Contact: (808) 282-0250