1709 Kalani Street

$ 2,950,000.00

The property consists of a 5,000-square foot fee simple parcel located at 1709 Kalani Street, Honolulu, Hawaii.
Built in 1991, 1709 Kalani Street is improved with a 3-story, 6,546-square foot mixed-use building. Each level is made with concrete flooring poured in place. The first floor is built out with a commercial kitchen spanning approximately 1,922 square feet, which includes a small kitchen, refrigerator, 1,250-gallon grease trap, hood vent, and three (3) large commercial kitchen basin sinks. A 2,346-square foot second floor has an open floor plan and can be used for manufacturing, production or an office. The 2,270-square foot third level is built out as a 2-bedroom, 2-bathroom accessory dwelling with walk-in closets, a large, oversized living area and kitchen. There is a small parking lot behind the building accessible via Kalani Street.

INVESTMENT HIGHLIGHTS
Fee Simple Mixed-Use Asset
This offering consists of a 6,546-square foot, 3-story building with a commercial kitchen on the 1st floor, open floor plan on the 2nd floor and accessory dwelling unit on the 3rd floor.

Owner-User Opportunity
This asset presents a unique opportunity for a buyer to occupy the entire property, or a portion of the building while offsetting ownership costs with rental revenue from the tenants occupying the remainder of the building.

Corner Location on Busy Thoroughfare
This corner parcel has great visibility along Kalihi Street, a 4-lane thoroughfare (most of Kalihi consists of 2-lane roads).

Desirable Improvements
The building benefits from the following improvements:
• Heavy Power
• Hydraulic Elevator and Two (2) Interior Stairwells
• Central A/C
• Walk-In Refrigerator
• 1,250 Gallon Grease-Trap
• Gas Cooking Kitchen
• LVO Washing System (pot and dishwasher)
• Large 3-Basin Hobart Sink with Disposal
• Hand Sink

Basic Facts

Status: Type: Purchase Type: Fee Simple Area: 6546 sq ft
Lot size: 5000 sq ft Year built: 1991 Zoning: IMX-1

View on map / Neighborhood

Additional Resources

  • Fact Sheet
    • Senior Associate

    As a Senior Associate at Cushman & Wakefield Chaney Brooks (CWCB) in Oahu, Kelly is a specialist in the Industrial Commercial Real Estate arena. With over half a decade of experience she provides excellent client service and is a leader in the Hawai’i market. Kelly has completed over 250 transactions for both landlords, tenants, buyers and sellers. Her commitment to her clients is unparalleled. As a major force for the Industrial Division at CWCB Hawai'i, she oversees more than 500,000 square feet of industrial space, always ensuring her clients are met with nothing but the best. Kelly is an active participant in key industry organizations, such as NAIOP and CCIM. she will be acquiring her CCIM designation in 2024, this shows her dedication to ongoing professional enhancement, always aiming to elevate the value she offers to her clientele. Oahu-born and raised, Kelly's connection with the island goes beyond her profession. Her local insights are enriched by her dual BBA in Finance and MIS from the University of Hawaii at Manoa. Beyond this academic rigor, she passionately serves as the Secretary for the Shidler College of Business Alumni Association, where she contributed to securing $65,000 for student scholarships in 2023.

    • Licensed Real Estate Salesperson, State of Hawaii: RS-79079
    • (808) 544-1781
    • kvea@chaneybrooks.com
    This listing is located in Honolulu, and is currently offered by Cushman & Wakefield ChaneyBrooks.