Rare Waterfront Development

$ 2,100,000.00
Fee Simple

The property presents an excellent opportunity to develop a brand-new waterfront flagship or headquarter location. The 21,039 SF site is located 1 block from Honolulu’s future Rail Transit Pearlridge Station (currently under construction). The asset falls within the Transit Oriented Development (“TOD”) Special District which allows for extra density. Current I-2 zoning allows for a 60-foot height limit and maximum density of 52,597 SF. This offering is ideal for both investors, developers and owner-users.

This offering has never been available for sale and has been passed down for several generations by the original owner. The seller has successfully up-zoned the property to business-industrial which has significantly expanded the types of uses permitted on-site.

Basic Facts

Status: Type: Purchase Type: Fee Simple Lot size: 21039 sq ft

View on map / Neighborhood

Additional Resources

  • Fact Sheet
  • External Link: Loopnet
    • Managing Director, Principal Broker

    Joseph Haas is the Managing Director and Principal Broker of Cushman & Wakefield ChaneyBrooks Joe has an extensive and successful 35-year career in the commercial real estate industry and senior management. Prior to joining Cushman & Wakefield Chaney Brooks, Mr. Haas worked at CBRE Hawaii for 29 years as a broker including ten years as President / Senior Managing Director of the Hawaii Region. Under Joe’s leadership, CBRE Hawaii became the largest commercial brokerage and management company in Hawaii. In Joe’s career working as a commercial real estate broker he has successfully leased over 1 million square feet of office space and represented over $500 million in investment sales. Joe’s intimate knowledge of the Hawaii commercial real estate market allows him to access and influence the key decision makers and provide the supervision and support services necessary where and when they are needed by our clients.

    • Licensed Real Estate Broker, State of Hawaii: RB-15404
    • (808) 544-1886
    • jhaas@chaneybrooks.com
    This listing is located in Aiea, and is currently offered by Cushman & Wakefield ChaneyBrooks.