New Listing
Open House LogoIn-Person: 11/15 2:00 PM - 5:00 PM
$1,500,000
 $8,052 est/mo Sourced by Back At You

3116 Waialae Avenue,Honolulu, HI 96816

Honolulu, HI 96816

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Description

A rarely available B-2 Community Business District property on the Waialae Ave main commercial corridor - offering assemblage potential to combine this 8,041 sq. ft. property and the next door 12,685 sq. ft. property into a 20,726 sq. ft. parcel. Minutes from Manoa, Kaimuki, Waikiki, and highways. The refreshed 1,536 sq. ft. interior comes with new fixtures and appliances, ready for immediate occupancy or a strategic commercial buildout. Highest and best uses As-Is include a medical/dental clinic, wellness/therapy practice, religious center, and non-profit or corporate offices. As developers know, B-2 zoning permits mixed-use (residential units above and commercial units below) multi-family development up to a 45-foot height limit. Lots of on-site parking plus nearby public transportation to Honolulu's main shopping centers and residential areas. Ideal for 1031 exchange buyers, medical/service owner-users, land-bank investors, and redevelopment. Strong commercial rent yield potential for NNN commercial leasing or long-term mixed-use appreciation.

Details

MLS #202622035
Listing TypeFor Sale
StyleHouse
Building NameNa
Sub-TypeResale
StatusActive
Year1953
Days On Site2
Listing Provided ByHawaii Golden Realty | Leland HY Louie

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet1,112
Car PortYes
Story(s)1
Zoning32 - B-2 Community Business Dis
Property ViewCanal, Garden

Exterior

Construction MaterialsWood Frame

Interior

InclusionsAC Split, AC Window Unit, Blinds, Cable TV, Ceiling Fan, Dishwasher, Disposal, Drapes, Dryer, Microwave Hood, Range/Oven, Refrigerator, Smoke Detector, Washer, Water Heater

Other

Security FeaturesKey Card Entry

Taxes

Property18086

Area Information

StateHI
CountyOahu
CityHonolulu
Zip Code96816
AreaOahu
Community NamePALOLO
School DistrictKaimuki
Elementary SchoolPalolo
High SchoolKaimuki
Listing VS Median (in PALOLO)
Price:
$1,500,000
low | high
Med:
$1,295,000
63.666666666667% of Average
sqft:
1,112
low | high
Med:
1,836
15.107913669065% of Average
$ / sqft:
$1,349
low | high
Med:
$705
97.710965867829% of Average
On site:
2
low | high
Med:
131
2% of Average
Sourced by Back At You

Market Activity 96816

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Learn More About This Property

Coldwell Banker Island Properties

Coldwell Banker Island Properties

 (808) 875-7000info@islandproperties.com
Open House
In-Person
11/15 2:00 PM - 5:00 PM
StateHI
CountyOahu
CityHonolulu
Zip Code96816
AreaOahu
Community NamePALOLO
School DistrictKaimuki
Elementary SchoolPalolo
High SchoolKaimuki
Listing VS Median (in PALOLO)
Price:
$1,500,000
low | high
Med:
$1,295,000
63.666666666667% of Average
sqft:
1,112
low | high
Med:
1,836
15.107913669065% of Average
$ / sqft:
$1,349
low | high
Med:
$705
97.710965867829% of Average
On site:
2
low | high
Med:
131
2% of Average
Sourced by Back At You
Listing Updated: November 15, 2026 at 6:34:32 AM PST

Coldwell Banker Island Properties

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