The Ulu Team

$2,375,000

729 Kinau Street

KAPIO/KINAU/WARD · Honolulu · 96813 · MLS 202608740

  • beds
  • 0baths
  • living sqft
  • Multi-familytype

Rare Investment Opportunity! A 25-Room Apartment Building+ Liquor Store. Here’s your chance to own a high-demand, income-generating property in a high traffic count area in the heart of Central Oahu. This two-story apartment complex features 25 rentable Studio /rooms, designed for maximum occupancy and ideal for use as a boarding house or workforce housing. Each of the two floor includes shared cooking areas and bathrooms, keeping operating costs low and rental flexibility high. What truly sets this property apart is the standalone liquor retail store located at the front of the lot—a built-in revenue stream with high visibility and foot traffic. Steps away from bus stops, making transportation easy for tenants and customers. Close proximity to Government Offices, Queens hospital, Straub Hospital, medical offices, schools, and major shopping centers. High-traffic area with strong rental demand and commercial visibility. Whether you're an investor looking to maximize cash flow or a business owner seeking mixed-use potential, this unique property delivers.

Building & interior

Style
Apartment
Condition
Average Condition
Lot size
5,469 sqft
Year built
1948
Renovated
1968
Stories
Two
Parking
1 stalls
Furnished
Unfurnished

Construction & features

Construction
Concrete · Wood Frame
Topography
Level · Terraced
Lot features
Cleared · Level
Utilities
Above Ground Utilities · Cable Available · Electricity Available · Septic Available · Water Available

Tax & assessment

Annual property tax
$25,368/yr
Tax year
2025
Assessed — total
$2,057,800
Assessed — land
$1,722,700
Assessed — improvements
$335,100
TMK
1-2-1-041-019-0000
Zoning
33 - BMX-3 Community Business M
Land tenure
Fee simple
Financing accepted
Cash · Conventional
Disclosures
Exchange1031 · Call Agent · See Remarks

Price history

Original list
$2,375,000
Current
$2,375,000

Listed by Pacific Century Realty

Information is from the Honolulu MLS and sources deemed reliable but is not guaranteed. Square footage, lot size, taxes, permits, and land tenure should be independently verified. Not a solicitation of property already listed.

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