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1520 Liliha Street, Honolulu, HI, 96817
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1520 Liliha Street, Honolulu, HI 96817

$11,500,000 Commercial expired 37,603 sqft Neighborhood:  Liliha
9 min walk to Kauluwela Community Park
5 min drive to Point Panic
4 min drive to Flies
About lifestyles
Standard Commercial is pleased to present the rare opportunity to acquire the fee simple interest in the Liliha Professional Building , a multi-tenant medical office building in a prime location in urban Honolulu, Hawaii. The Property consists of 36,603 square feet of gross leasable area which is currently 66% leased by seventeen tenants, and features ample parking with a total of 194 stalls. The offering presents a value-add investor with a great opportunity to acquire one of the few outpatient medical office buildings in urban Honolulu, with stable in-place cash flow and exception upside from increasing occupancy or completing a condominium conversion to fee simple medical office condos. Alternatively, an owner-user could occupy the vacant spaces and collect income from the tenants.
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Details

1979 year built
  • Year Built 1979
  • Original list price $11,500,000
  • Days on market 970
  • Price per sqft $306/sqft
  • Address

    1520 Liliha Street, Honolulu, HI, 96817

  • Frontage Main Street
  • Neighborhood Liliha
  • Land area 53,387 sqft / 1.226 acres
  • Total Interior Area 37,603 sqft
  • City of Oahu Honolulu
  • Region Honolulu
  • Island Oahu
  • Land tenure FS - Fee Simple
  • Number of Units 1
  • Parking Spaces 99
  • Net Operating Income 582361

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$58,636
Taxes
$15,173
HOA dues
$0
$73,809 per month
Mortgage
Down payment
$2,300,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $58,636 / month

Neighborhood: Liliha

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
16.83 / 20
Very walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Amenities & Features

99 parking places, Concrete floors
Roof
Other
Property Condition
Above Average
Business Type
Mixed Use, Office
Construction/Exterior Finish
Concrete Block, Reinforced Concrete
Air Conditioning
Central AC
Loading
Loading Area, Passenger Elevator
Floor Covering
Concrete
Income Information Source
Other, Owner
Expense Information Source
Owner
Easements
Driveway, Sewer, Utility
Documents Available
Building Plans, Lease Documents, Other, P&L, Survey, Title Search
Lessee/Tenant Pays
Common Area Maintenance, Electricity, Excise Tax, Fire Ins, Janitorial/Trash Removal, Liability Ins, Real Estate Taxes
Parking
On Site, Unassigned
Utilities Included
Light Electricity
Amenities
ADA Accessible, ADA Compliant, Security

Liliha prices

Average price $1.19m
Neighborhood average sales price*
$1.19m
Neighborhood median sales price*
$1.19m
Number or sales*
2
*last 6 months

Schools

15 schools with rating up to 7
School rating Distance
4
out of 10
Kauluwela Elementary School
1486 Aala St, Honolulu, HI 96817
Elementary School
0.149mi
NR
St. Theresa School
712 North School Street, Honolulu, HI 96817
Middle School
0.226mi
NR
Pacific Buddhist Academy
1710 Pali Highway, Honolulu, HI 96813
High School
0.661mi
School rating Distance
4
out of 10
Kauluwela Elementary School
1486 Aala St, Honolulu, HI 96817
0.149mi
NR
St. Theresa School
712 North School Street, Honolulu, HI 96817
0.226mi
4
out of 10
Princess Miriam K Likelike Elementary School
1618 Palama St, Honolulu, HI 96817
0.313mi
7
out of 10
Lanakila Elementary School
717 North Kuakini St, Honolulu, HI 96817
0.375mi
2
out of 10
Princess Victoria Kaiulani Elementary School
783 North King St, Honolulu, HI 96817
0.431mi
School rating Distance
NR
St. Theresa School
712 North School Street, Honolulu, HI 96817
0.226mi
NR
Cathedral Catholic Academy
1728 Nuuanu Avenue, Honolulu, HI 96817
0.441mi
NR
Hongwanji Mission School
1728 Pali Hwy, Honolulu, HI 96813
0.616mi
NR
Waolani Judd Nazarene School
408 Judd Street, Honolulu, HI 96817
0.617mi
6
out of 10
Prince David Kawananakoa Middle School
49 Funchal St, Honolulu, HI 96813
0.628mi
School rating Distance
NR
Pacific Buddhist Academy
1710 Pali Highway, Honolulu, HI 96813
0.661mi
NR
Academy Of The Pacific
913 Alewa Drive, Honolulu, HI 96817
0.768mi
NR
Damien Memorial School
1401 Houghtailing Street, Honolulu, HI 96817
0.789mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.816mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.911mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Expired Dec 17, 2021
Date Event Price $/sqft Source
Dec 17, 2021 Expired $11,500,000 $305.83 MLS #202115778
Sep 22, 2021 In Escrow - not showing $11,500,000 $305.83 MLS #202115778
Jun 17, 2021 New Listing $11,500,000 $305.83 MLS #202115778
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Tax & MLS details 1520 Liliha Street, Honolulu, HI, 96817

32 - B-2 Community Business Dis zoning / MLS #202115778
Current Property Taxes p/month
$15,173
Property Tax Year
2021
Assessed Improvement value
$5,216,500
Assessed Land value
$9,396,700
TMK
1-1-7-033-005-0000
Land Recorded
Regular System
Zoning
32 - B-2 Community Business Dis
Flood Zone
Zone X
Total Assessed value
$14,613,200
Listed by
Standard Management LLC
MLS #
202115778
Hawaii House tour report for this commercial
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Stunning views
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Frequently asked questions for 1520 Liliha Street

What is 1520 Liliha Street?

1520 Liliha Street is a Commercial/Industrial

How many units does it have?

1520 Liliha Street has 1 unit.

What is the rental income?

The net income is $582,361
*check with agent

What is the full address of this commercial?

1520 Liliha Street, Honolulu, HI, 96817.

What comparable properties are nearby?

Comparable nearby commercial properties include 425 N King St, 915 Kekaulike Street, 2726 Waiwai Loop, 66-235 Kamehameha Hwy.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 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 December 16, 2021.
Hawaii House Last checked 2 minutes ago.

Commercial expired $11,500,000 1520 Liliha Street, Honolulu, HI, 96817 37,603 sqft Save House Remove from Saved