Share this property

1203 Whitmore Avenue

$ 3,950,000.00

INVESTMENT OR OWNER-USER OPPORTUNITY – This offering is ideal for either an investor to collect the current income stream with upside potential, or an owner-user to expand as current leases expire or by adding additional leasable area.

DEVELOPMENT OPPORTUNITY – Additional income may be generated by developing the eastern side of the property, currently occupied by the towing company.

ONLY GAS STATION IN THE AREA – Aloha Gas is the only gas station serving the Whitmore community.

DIVERSE TENANT MIX TO SERVE THE COMMUNITY – Tenants include Aloha Gas, Whitmore Market, Merlina’s Kitchen, Praise Chapel Church, and a towing company. In addition, there are two 3-BD/1-BA and one studio/1-BA residential units on site.

UPSIDE POTENTIAL – There is potential to subdivide the 40,166 SF parcel and sell off the portion currently occupied by the towing company.

SUPPLY CONSTRAINED SUBMARKET – Exceptional opportunity to acquire one of the only properties zoned B-2, designated for Community Business, in Whitmore Village.

NEARBY MILITARY AND GOVERNMENT FACILITIES – Located within a 10-minute drive from key military installations such as Schofield Barracks, Wheeler Army Airfield, NCTAMS PAC, and NSA Hawaii.

LOCATION – Conveniently located in the heart of Whitmore Village, between Wahiawa Town and Oahu’s North Shore. The site is adjacent to Whitmore Community Center and directly opposite Whitmore Community Park.

Basic Facts

Type: Purchase Type: Fee Simple Area: 11704 sq ft Lot size: 40166 sq ft
Year built: 1952; 1968 Effective Zoning: B-2

View on map / Neighborhood

Video

Additional Resources

  • Fact Sheet

    • Anthony Provenzano

    • Senior Vice President

    Anthony Provenzano is a Senior Vice President with Cushman & Wakefield ChaneyBrooks, the oldest commercial real estate firm in Hawaii. Anthony is a top producer in the commercial real estate broker-age community and has earned several accolades for his success. Since Anthony joined Cushman & Wakefield ChaneyBrooks, he has con-sistently been the recipient of the Company’s #1 Broker of the Year award. With over 15 years of experience, he specializes in acquisitions and dispositions of commercial properties throughout the State of Hawaii. His in-depth knowledge of the Hawaii market has lead his clients to successfully complete transactions with a high level of cer-tainty and confidence. Anthony has been successful in formulating strong relationships with owners, investors, developers and buyers of commercial real estate. His distinct expertise combined with his ability to clearly articulate market demands has lead him to represent a wide range of clients on an institutional, national and local level. Born and raised on Oahu, Anthony studied Finance with a focus on Real Estate at the University of Hawaii at Manoa Shidler College of Business. During his studies, Mr. Provenzano served on the Financial Management Association Board and continues his involvement as a mentor. Anthony holds a Hawaii Real Estate Broker’s license, as well as the Certified Commercial Investment Member (CCIM) designation where he previously served as Board President. He also recently was awarded his Society of Indus-trial And Office Realtors (SIOR) designation, a professional symbol of the highest level of knowledge, production and ethics in the real estate industry.

    • Licensed Real Estate Broker - State of Hawaii: RB-22101
    • Certified Commercial Investment Member (CCIM): Board Member, Past President (2017)
    • Society of Industrial and Office Realtors (SIOR): Member
    This listing is located in Wahiawa, and is currently offered by Cushman & Wakefield ChaneyBrooks.