Listed price in listed location currency (USD).
$1,500,000

524

MLS® 202612167

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 3296 sqft
Garage 
Taxes $13,524
Days Active 0
Lot Size 3849
Approx. Age 1905
Avg. Price Per Sqft $455
MLS® Number 202612167

Property Address: 1104 Palama St, Honolulu, HI, 96817-3448

Average square foot calculated using Size range provided by listing agent.

Description

Mixed-use investment opportunity in Kalihi featuring two buildings and nine residential rooms. The ground floor commercial unit has a CUP in place with roll-up door access and direct street frontage — suitable for retail, grocery, or light industrial use. Building B is currently occupied generating $4, 000/month. Building A is actively under renovation. Priced at $1, 500, 000 with a stabilized cap rate of 7.8–9.0%. The surrounding Kalihi corridor has strong long-term redevelopment fundamentals. Conditional Use Permit (CUP) — Protected Commercial Use The commercial unit carries a CUP, securing its legal commercial operating status within the R-5 residential zone. This rare entitlement protects lender and tenant confidence and is a meaningful differentiator at this price point.
MLS® Number202612167
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1905
Basement
DrivewayThree Or More Spaces
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 26, 2026List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
1104 Palama St, Honolulu, HI

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties