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Listed by Hawaiiko Realty Group LLC
$ 9,990,000
Est. payment /mo
Active
624 Sheridan ST Honolulu, HI 96814
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Ala Moana
MLS Listing ID 202616837
Construction Status Average Condition
HOA Y/N No
Year Built 1969
Annual Tax Amount $67,932
Property Sub-Type Industrial
Property Description
Over 4% CAP rate ! Prime mixed-use investment opportunity in a highly desirable location near Kapiolani and Ala Moana. The ground floor is currently operating as established retail spaces, including restaurants, providing a strong and stable base income. Above, the property features 18 spacious residential units, each configured as two-bedroom, one-bath layouts—highly sought after in this central urban location. The blend of consistent commercial revenue and residential rental income creates excellent cash flow and long-term investment stability. Situated in a prime corridor with close proximity to world-class shopping, dining, beaches, and major transportation routes, this asset benefits from high visibility and sustained tenant demand. Ideal for investors seeking a well-performing mixed-use property in one of Honolulu's most dynamic and high-demand neighborhoods.
Location
State HI
County Oahu
Area Metro
Building/Complex Name None
Interior
Cooling Separate Meters
Flooring Concrete
Fireplace No
Exterior
Parking Features Assigned, On Site
Community Features None
Utilities Available Electricity Available, Natural Gas Available, Sewer Connected
Present Use Mixed Use
Total Parking Spaces 30
Building
Story 3
Entry Level Three Or More
Sewer Connected
Level or Stories Three Or More
Construction Status Average Condition
Others
Tax ID 1-2-3-015-015-0000
Special Listing Condition None
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Amenities & Attractions
Educational Environment
Elementary Schools (2)Middle Schools (2)High Schools (2)
Name
Category
Grades
Library
Ratio
8/10
Voyager - a Public Charter School
670 Auahi St, Honolulu, HI 96813
Public
KG - 8
No
15:1 STUDENTS/TEACHERS
8/10
Myron B. Thompson Academy - a New Century Public Charter School
629 Pokukaina St, Honolulu, HI 96813
Public
KG - 12
No
22:1 STUDENTS/TEACHERS