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516 N School Street, Honolulu, HI, 96817
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516 N School Street, Honolulu, HI 96817

$3,888,888 Commercial active under contract 13,675 sqft Neighborhood:  Liliha
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 53
  • 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
$24,127 per month
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
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
17.83 / 20
Very walkable
18-20
15-18
10-15
1-10
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 $866.13k
Neighborhood average sales price*
$866.13k
Neighborhood median sales price*
$868.1k
Number or sales*
20
Street median sales price*
$500k
*last 6 months

Schools

15 schools with rating up to 7
School rating Distance
NR
St. Theresa School
712 North School Street, Honolulu, HI 96817
Elementary School
0.171mi
NR
St. Theresa School
712 North School Street, Honolulu, HI 96817
Middle School
0.171mi
NR
Pacific Buddhist Academy
1710 Pali Highway, Honolulu, HI 96813
High School
0.649mi
School rating Distance
NR
St. Theresa School
712 North School Street, Honolulu, HI 96817
0.171mi
4
out of 10
Kauluwela Elementary School
1486 Aala St, Honolulu, HI 96817
0.194mi
4
out of 10
Princess Miriam K Likelike Elementary School
1618 Palama St, Honolulu, HI 96817
0.309mi
7
out of 10
Lanakila Elementary School
717 North Kuakini St, Honolulu, HI 96817
0.315mi
NR
Cathedral Catholic Academy
1728 Nuuanu Avenue, Honolulu, HI 96817
0.415mi
School rating Distance
NR
St. Theresa School
712 North School Street, Honolulu, HI 96817
0.171mi
NR
Cathedral Catholic Academy
1728 Nuuanu Avenue, Honolulu, HI 96817
0.415mi
NR
Waolani Judd Nazarene School
408 Judd Street, Honolulu, HI 96817
0.531mi
6
out of 10
Prince David Kawananakoa Middle School
49 Funchal St, Honolulu, HI 96813
0.581mi
NR
Hongwanji Mission School
1728 Pali Hwy, Honolulu, HI 96813
0.597mi
School rating Distance
NR
Pacific Buddhist Academy
1710 Pali Highway, Honolulu, HI 96813
0.649mi
NR
Academy Of The Pacific
913 Alewa Drive, Honolulu, HI 96817
0.68mi
NR
Damien Memorial School
1401 Houghtailing Street, Honolulu, HI 96817
0.776mi
NR
St Andrews Priory School
224 Queen Emma Square, Honolulu, HI 96813
0.859mi
NR
K12 International Academy
1390 Miller Street , Honolulu, HI 96813
0.948mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

New Listing rental Jan 24, 2024
Date Event Price $/sqft Source
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
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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
MLS #
202400083
Hawaii House tour report for this commercial
No reviews yet
Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Similar homes nearby 516 N School Street in Liliha

Recently sold nearby 516 N School Street in Liliha

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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, 905 Kekaulike St, 1100 Alakea Street unit 1400, 1810 N King Street, 810 Green St, 2161 N School 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 February 01, 2024.
Hawaii House Last checked 5 minutes ago.

Commercial active under contract $3,888,888 516 N School Street, Honolulu, HI, 96817 13,675 sqft Save House Remove from Saved