98-083 Kamehameha Hwy, Aiea, HI 96701
0.48 Acres of Commercial Land Offered at $2,100,000 USD in Aiea, HI 96701
For Sale
Active
Asking Price $2,100,000
- Property Type
-
Land
Listing Contacts
- Property Info
Property Overview
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.
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.
Property Details
- Property Subtype
- Commercial
Highlights
- Rare waterfront property within the TOD Special District
- Adjacent to the future Pearlridge Rail Station (currently under construction) to add more regional and urban Honolulu accessibility
- The bike path and historic trails immediately fronting the property will be improved as part of the rail development thereby enhancing the appeal of t
- Near Pearlridge Center, Hawaii’s largest indoor shopping mall
- Fee simple owner-user opportunity
- Ideal major restaurant location with ocean views
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