1980 Kalakaua Avenue
PROPERTY DESCRIPTION
Positioned at the gateway to Waikiki, 1980–1984 Kalakaua Avenue presents a rare opportunity to acquire a highly visible fee simple mixed-use commercial property along one of Honolulu’s most recognized urban corridors. Situated on approximately 4,292 square feet of land with approximately 3,936 square feet of building area across multiple TMKs, the Property benefits from strong frontage and exposure along Kalakaua Avenue with convenient access between Waikiki, Ala Moana, and urban Honolulu.
The Property is zoned Resort Mixed Use, allowing for a variety of hospitality, transient rental, residential, and commercial uses. Improvements include multiple income-producing units across two separate buildings. The front building consists of approximately 1,322 square feet of retail
space on the ground floor, together with one 1-bedroom/1-bath unit and one 2-bedroom/1-bath unit on the second floor. The rear building includes office/storage space on the ground floor and two studio units above.
With flexible mixed-use potential, existing income, and continued reinvestment throughout the surrounding Waikiki corridor, the Property offers investors and owner-users a compelling opportunity for repositioning, redevelopment, or long-term hold.
PROPERTY HIGHLIGHTS
• Fee simple commercial investment opportunity
• Prime frontage along highly sought-after, Kalakaua Avenue
• Located at the entrance to world-famous Waikiki with strong daily traffic counts
• Approximately 3,936 square feet of rentable building area
• Approximately 4,292 square feet of land area
• Flexible Resort Mixed-Use zoning allowing a variety of commercial and mixed-use uses
• Multiple suites provide leasing flexibility and diversified income potential
• High visibility signage and storefront exposure
• Minutes from Waikiki hotels, Ala Moana, Convention Center, and beach destinations
• Strong surrounding residential and visitor population base
• Potential owner-user opportunity with supplemental rental income
• Rare small-format urban commercial asset in a supply-constrained market
View on map / Neighborhood
- Executive Vice President
Anthony Provenzano is an Executive 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 consistently been the recipient of the Company’s #1 Broker of the Year award. With over 17 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 certainty 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. 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
- (808) 544-1780
- aprovenzano@chaneybrooks.com
- https://proteamhi.com
