SOLD 01/31/2024
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88 Piikoi Street 1, Honolulu, HI 96814
$17,400,000 $19,500,000
Commercial
sold
30,014 sqft
Neighborhood:
Kakaako
Sold 01/31/2024
$17,400,000 $19,500,000
10 min walk to Ala Moana Regional Park
19 min walk to Ala Moana Beach
8 min drive to Ala Wai Golf Course
24 min walk to Point Panic
14 min walk to Concessions
About lifestyles
This offering presents a unique opportunity to acquire a premium property within the prestigious Hawaiki Tower, a luxurious mixed-use condominium situated in the thriving city of Honolulu. Positioned directly across from the internationally acclaimed Ala Moana Center, this property comprises a ground floor commercial unit spanning an impressive 30,004 square feet, accompanied by 83 covered parking spaces. The property is currently leased to a single tenant under a long-term NNN lease agreement, with a nationally recognized credit tenant committed until October 2035. Boasting a prime location at the intersection of Piikoi and Waimanu Street, the asset benefits from excellent visibility, attracting substantial vehicular and pedestrian traffic.
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Details
1999 year built
- Year Built 1999
- Original list price $19,500,000
- Days on market 231
- Price per sqft $580/sqft
-
Address
88 Piikoi Street unit 1, Honolulu, HI, 96814
- Neighborhood Kakaako
- Land area 267,981 sqft / 6.152 acres
- Total Interior Area 30,014 sqft
- City of Oahu Honolulu
- Region Honolulu
- Island Oahu
- Land tenure FS - Fee Simple
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$88,718
Taxes
$0
HOA dues
$0
Mortgage
Down payment
$3,480,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$88,718 / month
Neighborhood: Kakaako
Nearby & commute
Walkability
Coffee shops
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no data
Bus stop
—
no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
19.17 / 20
Most Walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
Amenities & Features
Concrete floors
Roof
Composition
Construction/Exterior Finish
Reinforced Concrete
Air Conditioning
Central AC
Loading
None
Floor Covering
Concrete
Income Information Source
Owner
Expense Information Source
Owner
Easements
None
Parking
Assigned, On Site
Utilities Included
Heavy Electricity
Amenities
Computer Room, Office, Private Restroom
Kakaako prices
Average price $1.17m
Neighborhood average sales price*
$1.17m
Neighborhood median sales price*
$1.02m
Number or sales*
29
Street median sales price*
$955k
Median sale price Colony at the Peninsula*
$940k
*last 6 months
About Kakaako
Kakaako Real Estate & Lifestyle Kakaako real estate is synonymous with contemporary urban living and an outdoor enthusiast's paradise. This vibrant neighborhood in Honolulu, Hawaii, offers a unique blend of luxurious high-rise condominiums, upscale sh Read more
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
Elementary School
|
0.269mi | |
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
Middle School
|
0.269mi | |
| out of 10 |
President William Mckinley High School
1039 South King St,
Honolulu, HI 96814
High School
|
0.495mi |
| School rating | Distance | |
|---|---|---|
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
|
0.269mi | |
| out of 10 |
Queen Kaahumanu Elementary School
1141 Kinau St,
Honolulu, HI 96814
|
0.719mi |
| out of 10 |
Voyager - A Public Charter School
547 Halekauwila St,
Honolulu, HI 96813
|
0.912mi |
|
Hawaiian Mission Academy K-8
1415 Makiki Street,
Honolulu, HI 96814
|
0.919mi | |
| out of 10 |
King William Lunalilo Elementary School
810 Pumehana St,
Honolulu, HI 96826
|
0.961mi |
| School rating | Distance | |
|---|---|---|
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
|
0.269mi | |
| out of 10 |
President George Washington Middle School
1633 South King St,
Honolulu, HI 96826
|
0.823mi |
| out of 10 |
Voyager - A Public Charter School
547 Halekauwila St,
Honolulu, HI 96813
|
0.912mi |
|
Hawaiian Mission Academy K-8
1415 Makiki Street,
Honolulu, HI 96814
|
0.919mi | |
| out of 10 |
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St,
Honolulu, HI 96813
|
0.979mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
President William Mckinley High School
1039 South King St,
Honolulu, HI 96814
|
0.495mi |
|
Hawaiian Mission Academy
1438 Pensacola Street,
Honolulu, HI 96822
|
0.914mi | |
| out of 10 |
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St,
Honolulu, HI 96813
|
0.979mi |
|
Maryknoll School
1402 Punahou Street,
Honolulu, HI 96822
|
1.085mi | |
|
Maryknoll Grade School
1722 Dole Street,
Honolulu, HI 96822
|
1.172mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Feb 2, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Feb 2, 2024 | Sold | $17,400,000 | $579.73 | Public Record |
| Dec 26, 2023 | Active Under Contract | $19,500,000 | $649.70 | MLS #202313866 |
| Jun 16, 2023 | New Listing | $19,500,000 | $649.70 | MLS #202313866 |
Tax & MLS details 88 Piikoi Street unit 1, Honolulu, HI, 96814
Kak – Kakaako Community Development Project zoning / MLS #202313866
Property Tax Year
2023
Assessed Improvement value
$11,160,400
Assessed Land value
$1,623,300
TMK
1-2-3-006-004-0001
Land Recorded
Land Court
Zoning
Kak – Kakaako Community Development Project
Flood Zone
Zone AE
Total Assessed value
$12,783,700
Listed by
Engel & Volkers Honolulu
(808) 550-0818
(808) 550-0818
MLS #
202313866
Hawaii House tour report for this commercial
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Frequently asked questions for 88 Piikoi Street unit 1
What is 88 Piikoi Street unit 1?
88 Piikoi Street unit 1 is a Commercial/Industrial
What is the rental income?
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What is the full address of this commercial?
88 Piikoi Street unit 1, Honolulu, HI, 96814.
What comparable properties are nearby?
Comparable nearby commercial properties include 425 N King St, 2726 Waiwai Loop.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Engel & Volkers Honolulu. 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 February 02, 2024.
Hawaii House Last checked 1 minute ago.
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