Freestanding Building & Multifamily Single-Story For Sale

$ 1,250,000.00
Fee Simple

1246 S. King Street is a perfect owner-user opportunity for a restauranteur or retailer. The building is equipped with restaurant infrastructure in-place. The site benefits from excellent street visibility along the major thoroughfare, King Street.
1012 Akala Lane is a single-story multifamily duplex consisting of one 2-bedroom/1-bathroom unit and one 3-bedroom/1-bathroom unit adjacent to 1246 S. King Street. There is tremendous upside potential by renovating the units and increasing the existing under market rents.
Together, the parcels pose a prime redevelopment opportunity in central Honolulu. The subject sites are zoned BMX-3, Community Business Mixed Use District. Zoning allows for 150-foot height limit and a 2.5 floor area ratio.
The properties are being offered for sale together.

1246 S. King Street-

Freestanding Restaurant/Retail Building/


1,326 SF Building Size/

2,711 SF Land Area/

4 Parking Stalls


1012 Akala Lane-Multifamily Single-Story Duplex-One 2 Bed/1-Bath & One 3-Bed/1-Bath/


1,728 SF Building Size/

3,440 SF Land Area/

2 Parking Stalls

Basic Facts

Status: Type: Purchase Type: Fee Simple

View on map / Neighborhood

Additional Resources

  • Fact Sheet
  • External Link: Loopnet
    • Senior Real Estate Advisor

    Mr. Fasi is a Senior Real Estate Advisor with Cushman & Wakefield ChaneyBrooks specializing in real estate investments and multifamily sales. He advises his clients (local, national, foreign-owned corporations and private investment trusts) on the acquisition and disposition of real property throughout Hawai‘i involving Hotel, Land, Multi-family, Retail, and Office. Utilizing his network of property owners, attorneys, and outside brokers, he finds off-market opportunities for his clients - matching qualified buyers with motivated sellers, resulting in quick and efficient sales transactions. Mr. Fasi’s also specializes in retail brokerage representing both Landlords and Tenants. He consults with his clients on all aspects of the leasing process including site selection, tenant-mix analysis, lease valuations, lease negotiations, lease renewals and assignment of leases. A true believer in the team approach, Mr. Fasi partners with other agents in his office on most leasing and sales assignments to better service his clients’ needs.

    • Licensed Real Estate Salesperson, State of Hawaii: RB-17369
    • (808) 544-1600
    This listing is located in Honolulu, and is currently offered by Cushman & Wakefield ChaneyBrooks.