The space is currently leased on a month-to-month basis to a prominent architectural firm, generating approximately $9,000 per month in rental income.
This provides flexibility for future redevelopment while still maintaining cash flow in the interim.
15 existing parking stalls, with the potential for reconfiguration to increase capacity.
Street parking is also available, enhancing accessibility for tenants and customers.
Zoning & Redevelopment Potential
BMX-3 (Community Business Mixed-Use) Zoning: Allows for a mix of residential, retail, office, and other commercial uses.
FAR (Floor Area Ratio): 2.5, expandable to 3.5 with open space bonuses, allowing for significant vertical development.
Height Limit: 150 feet, making it suitable for mid-rise or high-rise development.
Proximity to Waikiki, University of Hawaii, and major retail and dining corridors makes it highly desirable for commercial or mixed-use projects.
Bill 7 Redevelopment Potential: The property may qualify for higher-density affordable housing incentives, encouraging investment in residential development.
This provides flexibility for future redevelopment while still maintaining cash flow in the interim.
15 existing parking stalls, with the potential for reconfiguration to increase capacity.
Street parking is also available, enhancing accessibility for tenants and customers.
Zoning & Redevelopment Potential
BMX-3 (Community Business Mixed-Use) Zoning: Allows for a mix of residential, retail, office, and other commercial uses.
FAR (Floor Area Ratio): 2.5, expandable to 3.5 with open space bonuses, allowing for significant vertical development.
Height Limit: 150 feet, making it suitable for mid-rise or high-rise development.
Proximity to Waikiki, University of Hawaii, and major retail and dining corridors makes it highly desirable for commercial or mixed-use projects.
Bill 7 Redevelopment Potential: The property may qualify for higher-density affordable housing incentives, encouraging investment in residential development.
Property Details
Price:
$4,500,000
MLS #:
202506400
Status:
Active
Beds:
0
Baths:
0
Address:
2020 S King Street
Type:
Commercial
Subtype:
Industrial
Subdivision:
MOILIILI
Neighborhood:
Metro
City:
Honolulu
Listed Date:
Mar 14, 2025
State:
HI
Finished Sq Ft:
5,102
Total Sq Ft:
5,102
ZIP:
96826
Lot Size:
568,980,720 sqft / 0.30 acres (approx)
Year Built:
1972
Schools
Interior
Cooling
Other
Flooring
Other, Wood
Exterior
Community Features
None
Construction Materials
Brick, Wood Frame
Parking Features
On Site
Parking Spots
15
Financial
Taxes
$34,080
Map
Contact Us
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