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516 N School Street, Honolulu, HI 96817
9 min walk to Kauluwela Community Park
6 min drive to Oʻahu Country Club
6 min drive to Point Panic
5 min drive to Flies
About lifestyles
2 Apartment Buildings and a Commercial Building on the CORNER of LILIHA and NORTH SCHOOL Streets.
1) 520/522 N School- One Story 1,536 sq. ft. - 2 Commercial Retail Space. Currently being used by one tenant.
2) 516 N School - 3 story walk-up, built in 1963 - 11 Units. 8 - 1 bdrm, bath (Approx. 400 sf); 2 - 2 bdrm, bath (Approx. 480 sf); and 1 - 3 bdrm, bath (Approx. 780 sf). 3 units were RENOVATED within the past 3 years. Remaining units are in original condition.
3) 518 N School (back side of property) - 2 story walk-up. Built in 1961 - 10 - 1 bdrm, bath - Approx. 420 sq. ft. 3 units were RENOVATED within the past 3 years. Remaining units are in original condition.
ADJOINING VACANT LAND - 7,672 sf Zoned B-2 is also for sale at $1,588,888.00 See MLS #202400095
PLEASE DO NOT DISTURB TENANTS; PLEASE EMAIL YOUR REQUEST FOR SHOWINGS. NEED 48 HOURS NOTICE TO TENANT TO SHOW.
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Details
1950 year built
- Year Built 1950
- Original list price $3,888,888
- Days on market 40
- Price per sqft $284/sqft
-
Address
516 N School Street, Honolulu, HI, 96817
- Frontage Main Street
- Neighborhood Liliha
- Land area 15,794 sqft / 0.363 acres
- Total Interior Area 13,675 sqft
- City of Oahu Honolulu
- Region Honolulu
- Island Oahu
- Land tenure FS - Fee Simple
- Number of Units 22
- Parking Spaces 9
- Annual Expenses 177850
- Net Operating Income 94709
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$19,829
Taxes
$4,298
HOA dues
$0
Mortgage
Down payment
$777,778 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$19,829 / month
Neighborhood: Liliha
Nearby & commute
Walkability
Coffee shops
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no data
Bus stop
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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
17.83 / 20
Very 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
9 parking places, Other floors
Roof
Other
Property Condition
Fair
Business Type
Free Standing, See Remarks
Construction/Exterior Finish
Concrete Block
Air Conditioning
None
Loading
None
Floor Covering
Other
Income Information Source
Broker, Owner
Expense Information Source
Broker, Owner
Easements
Other
Documents Available
Lease Documents, Title Search
Lessee/Tenant Pays
Electricity, Lease Rent
Parking
On Site
Utilities Included
Gas, Other
Amenities
None
Liliha prices
Average price $3.11m
Neighborhood average sales price*
$3.11m
Neighborhood median sales price*
$3.21m
Number or sales*
8
Street median sales price*
$3.13m
*last 6 months
Schools
15 schools with rating up to 7
| School rating | Distance | |
|---|---|---|
|
St. Theresa School
712 North School Street,
Honolulu, HI 96817
Elementary School
|
0.171mi | |
|
St. Theresa School
712 North School Street,
Honolulu, HI 96817
Middle School
|
0.171mi | |
|
Pacific Buddhist Academy
1710 Pali Highway,
Honolulu, HI 96813
High School
|
0.649mi |
| School rating | Distance | |
|---|---|---|
|
St. Theresa School
712 North School Street,
Honolulu, HI 96817
|
0.171mi | |
| out of 10 |
Kauluwela Elementary School
1486 Aala St,
Honolulu, HI 96817
|
0.194mi |
| out of 10 |
Princess Miriam K Likelike Elementary School
1618 Palama St,
Honolulu, HI 96817
|
0.309mi |
| out of 10 |
Lanakila Elementary School
717 North Kuakini St,
Honolulu, HI 96817
|
0.315mi |
|
Cathedral Catholic Academy
1728 Nuuanu Avenue,
Honolulu, HI 96817
|
0.415mi |
| School rating | Distance | |
|---|---|---|
|
St. Theresa School
712 North School Street,
Honolulu, HI 96817
|
0.171mi | |
|
Cathedral Catholic Academy
1728 Nuuanu Avenue,
Honolulu, HI 96817
|
0.415mi | |
|
Waolani Judd Nazarene School
408 Judd Street,
Honolulu, HI 96817
|
0.531mi | |
| out of 10 |
Prince David Kawananakoa Middle School
49 Funchal St,
Honolulu, HI 96813
|
0.581mi |
|
Hongwanji Mission School
1728 Pali Hwy,
Honolulu, HI 96813
|
0.597mi |
| School rating | Distance | |
|---|---|---|
|
Pacific Buddhist Academy
1710 Pali Highway,
Honolulu, HI 96813
|
0.649mi | |
|
Academy Of The Pacific
913 Alewa Drive,
Honolulu, HI 96817
|
0.68mi | |
|
Damien Memorial School
1401 Houghtailing Street,
Honolulu, HI 96817
|
0.776mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.859mi | |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.948mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Cancelled Mar 12, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 12, 2024 | Cancelled | $1,395 | $0.10 | MLS #202401368 |
| Jan 24, 2024 | New Listing rental | $1,395 | $0.10 | MLS #202401368 |
| Jan 24, 2024 | Cancelled | $1,395 | $0.10 | MLS #202325947 |
| Nov 22, 2023 | New Listing rental | $1,395 | $0.10 | MLS #202325947 |
| May 24, 2023 | Rented | $1,395 | $0.10 | MLS #202225679 |
| Apr 6, 2023 | Price Increase | $1,395 +27.4% | $0.10 | MLS #202225679 |
| Dec 13, 2022 | New Listing rental | $1,095 | $0.08 | MLS #202225679 |
| Apr 4, 2022 | Rented | $1,095 | $0.08 | MLS #202131949 |
| Dec 20, 2021 | New Listing rental | $1,095 -8.37% | $0.08 | MLS #202131949 |
| Nov 1, 2021 | Rented | $1,195 | $0.09 | MLS #202124005 |
| Sep 16, 2021 | New Listing rental | $1,195 | $0.09 | MLS #202124005 |
Tax & MLS details 516 N School Street, Honolulu, HI, 96817
32 - B-2 Community Business Dis zoning / MLS #202400083
Current Property Taxes p/month
$4,298
Property Tax Year
2023
Assessed Improvement value
$921,700
Assessed Land value
$3,237,800
TMK
1-1-7-034-002-0000
Land Recorded
Dual Systems
Zoning
32 - B-2 Community Business Dis
Flood Zone
Zone X
Total Assessed value
$4,159,500
Listed by
Bob Tanaka Inc
(808) 949-4111
(808) 949-4111
MLS #
202400083
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Frequently asked questions for 516 N School Street
What is 516 N School Street?
516 N School Street is a Commercial/Industrial
How many units does it have?
516 N School Street has 22 units.
What is the rental income?
The net income is $94,709
*check with agent
What is the full address of this commercial?
516 N School Street, Honolulu, HI, 96817.
What comparable properties are nearby?
Comparable nearby commercial properties include 1178 N King Street, 110 N King Street, 905 Kekaulike St, 1 North King Street, 1100 Alakea Street unit 1400, 1810 N King Street.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Bob Tanaka Inc. 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 April 17, 2024.
Hawaii House Last checked 1 minute ago.
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