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829 Kapahulu Ave

$ 4,200,000.00

COMPREHENSIVE FEE SIMPLE OFFERING – This fee simple offering consists of 2 separate buildings, a 1,683 square foot full-service restaurant, and a 2-story dwelling with 2 private rooms, men’s and women’s restrooms, office and basement. The buildings are separated by a covered outdoor seating area.  

TURN-KEY RESTAURANT WITH FULL COMMERCIAL KITCHEN – This ideal owner-user opportunity is improved with a full commercial kitchen, complete with an above ground grease trap, range/hood, and potential to transfer existing liquor license. Currently the property can seat 150 people, including the main restaurant and bar area, 2 private rooms (upstairs and downstairs in the 2-story building), and outdoor seating. 

EXISTING LIQUOR LICENSE – There is potential to transfer the existing liquor license at Closing.

COMPLETE REMODEL – The well-maintained buildings underwent a $1.5 Million remodel in 2020, including all new plumbing and electrical.  

PHOTOVOLTIC SYSTEM – A new PV system was installed in the 2-story building. 

CORNER LOCATION WITH EXCELLENT VISIBILITY – The site benefits from over 30,450 vehicles passing by the site daily along the major thoroughfare, Kapahulu Avenue.  

CENTRALLY LOCATED – The asset is in close proximity to Waikiki, Diamond Head, Kahala and UH Manoa and easily accessible from the H-1 Freeway. 

PRIME LOCATION – The property is well located within the Kapahulu Corridor, known for some of the best eateries on the island. 

ECLECTIC DECOR – Styled with eclectic decor, the FF&E may be available for purchase, minimizing start-up costs for a new restaurant. 

DIVERSE CONSUMER BASE – The bustling area caters to both locals and visitors.  

PARKING – There are a few parking stalls on site. Additional parking may be available to rent on the adjacent property. 

SIGNIFICANT BARRIERS TO ENTRY – Due to the scarcity of available land and lack of new development. 

Basic Facts

Status: Type: Purchase Type: Fee Simple Area: 3449 sq ft
Lot size: 4555 sq ft Year built: 1928; Effective 1979; Renovated 2018 Zoning: B-2

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Additional Resources

  • Fact Sheet
    • External Link: Property Website

    Kelly Vea

    • 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.