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47-723 Kamehameha Hwy unit A, Kaneohe, HI, 96744
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47-723 Kamehameha Hwy A, Kaneohe, HI 96744

$1,999,000  $201,000 Commercial for sale 5,383 sqft Neighborhood:  Kaalaea
Rare opportunity to own a highly visible commercial property on Kamehameha Hwy with excellent frontage and steady foot and car traffic. Currently operating with limited hours and cash-only transactions, this property offers huge upside potential for a new owner to expand operations, modernize payment systems, and capture untapped revenue. The spacious retail area includes unused square footage that can be reconfigured for additional sales or services. A unique bonus is the attached 2-bedroom dwelling, perfect for live-work flexibility or rental income. With strong visibility, prime location, and multiple income streams, this property is ready to be elevated to its full potential.
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Details

1948 year built
  • Year Built 1948
  • Days on market 110
  • Price per sqft $371/sqft
  • Address

    47-723 Kamehameha Hwy unit A, Kaneohe, HI, 96744

  • Frontage Main Street
  • Neighborhood Kaalaea
  • Land area 11,279 sqft / 0.259 acres
  • Total Interior Area 5,383 sqft
  • City of Oahu Kaneohe
  • Region Kaneohe
  • Island Oahu
  • Land tenure FS - Fee Simple
  • Parking Spaces 3

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$10,193
Taxes
$665
HOA dues
$0
$10,858 per month
Mortgage
Down payment
$399,800 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $10,193 / month

Neighborhood: Kaalaea

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
10.67 / 20
Somewhat walkable
18-20
15-18
10-15
1-10
Walkability according to the National Walkability Index

Amenities & Features

3 parking places, Asphalt floors
Property Condition
Needs Major Repair
Construction/Exterior Finish
Wood Frame
Floor Covering
Asphalt
Easements
Other
Parking
On Site, Unassigned
Utilities Included
None
Amenities
Freezer Room, Private Restroom

Kaalaea prices

Average price $672.5k
Neighborhood average sales price*
$672.5k
Neighborhood median sales price*
$635k
Number or sales*
6
Street median sales price*
$635k
Median sale price Hale Royale*
$585k
*last 6 months

Schools

15 schools in this area
School rating Distance
NR
Kahaluu Elementary School
47280 Waihee Rd, Kaneohe, HI 96744
Elementary School
0.664mi
NR
Kahaluu Elementary School
47280 Waihee Rd, Kaneohe, HI 96744
Middle School
0.664mi
NR
Hakipuu Learning Center - A Hawaii Public Charter School
45720 Keaahala Rd, Kaneohe, HI 96744
High School
4.41mi
School rating Distance
NR
Kahaluu Elementary School
47280 Waihee Rd, Kaneohe, HI 96744
0.664mi
NR
Waiahole Elementary School
48215 Waiahole Valley Rd, Kaneohe, HI 96744
1.279mi
NR
Ahuimanu Elementary School
47470 Hui Aeko Place, Kaneohe, HI 96744
2.32mi
NR
Heeia Elementary School
46202 Haiku Rd, Kaneohe, HI 96744
4.021mi
NR
St Ann's Model Schools
46 Haiku Road, Kaneohe, HI 96744
4.148mi
School rating Distance
NR
Kahaluu Elementary School
47280 Waihee Rd, Kaneohe, HI 96744
0.664mi
NR
Waiahole Elementary School
48215 Waiahole Valley Rd, Kaneohe, HI 96744
1.279mi
NR
Ahuimanu Elementary School
47470 Hui Aeko Place, Kaneohe, HI 96744
2.32mi
NR
Governor Samuel Wilder King Intermediate School
46155 Kamehameha Hwy, Kaneohe, HI 96744
3.626mi
NR
Heeia Elementary School
46202 Haiku Rd, Kaneohe, HI 96744
4.021mi
School rating Distance
NR
Hakipuu Learning Center - A Hawaii Public Charter School
45720 Keaahala Rd, Kaneohe, HI 96744
4.41mi
NR
Castle High School
45386 Kaneohe Bay Dr, Kaneohe, HI 96744
5.396mi
NR
Koolau Baptist Academy
Po Box 1642, Kaneohe, HI 96744
5.502mi
NR
Ke Kula O Samuel M Kamakau - A Laboratory Public Charter School
45037 Kaneohe Bay Dr, Kaneohe, HI 96744
5.708mi
NR
Kalaheo High School
730 Iliaina St, Kailua, HI 96734
6.857mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Expired Mar 11, 1998
Date Event Price $/sqft Source
Mar 11, 1998 Expired $1,650,000 $306.52 MLS #9812137
Mar 12, 1997 New Listing $1,650,000 $306.52 MLS #9812137
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Tax & MLS details 47-723 Kamehameha Hwy unit A, Kaneohe, HI, 96744

MLS #202518401
Current Property Taxes p/month
$665
Assessed Improvement value
$83,800
TMK
1-4-7-017-028-0000
Flood Zone
Zone AE
Total Assessed value
$643,800
Listed by
eXp Realty
(808) 725-2794
MLS #
202518401
Hawaii House tour report for this commercial
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Similar homes nearby 47-723 Kamehameha Hwy unit A in Kaalaea

Recently sold nearby 47-723 Kamehameha Hwy unit A in Kaalaea

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Frequently asked questions for 47-723 Kamehameha Hwy unit A

What is 47-723 Kamehameha Hwy unit A?

47-723 Kamehameha Hwy unit A is a Commercial/Industrial

What is the rental income?

What is the full address of this commercial?

47-723 Kamehameha Hwy unit A, Kaneohe, HI, 96744.

What comparable properties are nearby?

Comparable nearby commercial properties include 47-659 Kamehameha Hwy, 45-428 Kamehameha Hwy, 420 Uluniu St, 916 Eu Ln, 1631 Liliha St, 1940 Democrat Street.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of eXp Realty. 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 04, 2025.
Hawaii House Last checked 1 minute ago.

Commercial for sale $1,999,000  $201,000 47-723 Kamehameha Hwy unit A, Kaneohe, HI, 96744 5,383 sqft Save House Remove from Saved