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1022 Bethel Street, Honolulu, HI, 96813
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1022 Bethel Street, Honolulu, HI 96813

$8,000,000 Commercial active under contract 49,574 sqft Neighborhood:  Downtown
1 min walk to Chinatown Gateway Park
12 min drive to the beach
7 min drive to Oʻahu Country Club
4 min drive to Point Panic
3 min drive to Flies
About lifestyles
Rare opportunity for an owner-user or investor to acquire the fee simple interest in the landmark office property located at 1022 Bethel Street. This property, serviced by an elevator, has been meticulously maintained with “Class A” finishes by its current tenant, Island Insurance. The tenant will be vacating at the end of 2024, making the property available for almost immediate occupancy. The property features approximately 49,574 square feet of building area, including first-floor retail spaces with high visibility fronting South King and Bethel Streets. Parking is available for purchase or lease separately directly across Bethel Street in the former Walmart parking garage. Situated in the heart of Honolulu’s downtown renaissance, it is adjacent to several significant redevelopments, including residential condominiums and retail spaces. This is an exceptional opportunity for a business to establish a strong presence and legacy in downtown Honolulu, benefiting from the ongoing revitalization and growth of the area.
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Details

1940 year built
  • Year Built 1940
  • Original list price $8,000,000
  • Days on market 232
  • Price per sqft $161/sqft
  • Address

    1022 Bethel Street, Honolulu, HI, 96813

  • Frontage Building Lobby, Main Street
  • Neighborhood Downtown
  • Land area 10,115 sqft / 0.232 acres
  • Total Interior Area 49,574 sqft
  • City of Oahu Honolulu
  • Region Honolulu
  • Island Oahu
  • Land tenure FS - Fee Simple
  • Virtual Tour View (external link)

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$40,790
Taxes
$9,874
HOA dues
$0
$50,664 per month
Mortgage
Down payment
$1,600,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $40,790 / month

Neighborhood: Downtown

Nearby & commute
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data
18.83 / 20
Most Walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Amenities & Features

Concrete floors
Roof
Composition
Property Condition
Excellent
Business Type
Free Standing, Mixed Use, O
Construction/Exterior Finish
Reinforced Concrete
Air Conditioning
Central AC
Loading
None
Floor Covering
Concrete
Income Information Source
Owner
Expense Information Source
Owner
Easements
None
Documents Available
Building Plans, P&L, Title Search
Lessee/Tenant Pays
AC Maintenance, Common Area Maintenance, Electricity, Elevator Maintenance, Excise Tax, Fire Ins, Gas, Glass Ins, Janitorial/Trash Removal, Liability Ins, Other, Real Estate Taxes, Water
Parking
Street
Utilities Included
Emergency Electricity, Light Electricity, Small Water Meter
Amenities
ADA Accessible, ADA Compliant, Computer Room, Office, Other, Private Restroom

Downtown prices

No information about average prices in this area
-

Schools

15 schools with rating up to 8
School rating Distance
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
Elementary School
0.386mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
Middle School
0.386mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
High School
0.386mi
School rating Distance
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.386mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.478mi
NR
Kawaiaha'o Church School
872 Mission Lane, Honolulu, HI 96813
0.565mi
5
out of 10
Kauluwela Elementary School
1486 Aala St, Honolulu, HI 96817
0.666mi
8
out of 10
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St, Honolulu, HI 96813
0.699mi
School rating Distance
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.386mi
6
out of 10
Central Middle School
1302 Queen Emma St, Honolulu, HI 96813
0.397mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.478mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.478mi
8
out of 10
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St, Honolulu, HI 96813
0.699mi
School rating Distance
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.386mi
NR
The Keystone School
1390 Miller Street, Honolulu, HI 96813
0.478mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.478mi
8
out of 10
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St, Honolulu, HI 96813
0.699mi
NR
Pacific Buddhist Academy
1710 Pali Highway, Honolulu, HI 96813
0.776mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Active Under Contract Oct 24, 2024
Date Event Price $/sqft Source
Oct 24, 2024 Active Under Contract $8,000,000 $161.37 MLS #202414402
Jun 18, 2024 New Listing $8,000,000 $161.37 MLS #202414402
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Tax & MLS details 1022 Bethel Street, Honolulu, HI, 96813

34 - BMX-4 Central Business Mix zoning / MLS #202414402
Current Property Taxes p/month
$9,874
Property Tax Year
2023
Assessed Improvement value
$5,407,100
Assessed Land value
$4,040,900
TMK
1-2-1-002-040-0000
Land Recorded
Land Court
Zoning
34 - BMX-4 Central Business Mix
Flood Zone
Zone X
Total Assessed value
$9,448,000
Listed by
Standard Management LLC
(808) 208-8107
MLS #
202414402
Hawaii House tour report for this commercial
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Frequently asked questions for 1022 Bethel Street

What is 1022 Bethel Street?

1022 Bethel Street is a Commercial/Industrial

What is the rental income?

What is the full address of this commercial?

1022 Bethel Street, Honolulu, HI, 96813.

What comparable properties are nearby?

Comparable nearby commercial properties include 915 Kekaulike Street, 425 N King Street, 1542 Young St, 1079-1085 S Beretania Street, 1218 N King Street, 1175 Hopaka St.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of Standard Management LLC. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on November 06, 2024.
Hawaii House Last checked 1 minute ago.

Commercial active under contract $8,000,000 1022 Bethel Street, Honolulu, HI, 96813 49,574 sqft Save House Remove from Saved