Ad #7974618
MLS #202612402
Mixed-use investment opportunity in Kalihi featuring two
1104 Palama St, Honolulu, Hawaii, 96817
$1,500,000
--Beds
--Baths
--Sqft
--Acres
About this property
Mixed-use investment opportunity in Kalihi featuring two buildings and nine residential rooms. The ground floor commercial unit has a CUP in place with roll-up door access and direct street frontage - suitable for retail, grocery, or light industrial use. Building B is currently occupied generating $4,000/month. Building A is actively under renovation. Priced at $1,500,000 with a stabilized cap rate of 7.8-9.0%. The surrounding Kalihi corridor has strong long-term redevelopment fundamentals. Conditional Use Permit (CUP) - Protected Commercial Use The commercial unit carries a CUP, securing its legal commercial operating status within the R-5 residential zone. This rare entitlement protects lender and tenant confidence and is a meaningful differentiator at this price point.
Property Features
0 Beds
0 Baths
0 Sqft
Built in 1905
0 Acres
2 Stories
Open
Siding: Wood Frame
$13,524 / yr property tax
Oahu County
KAPALAMA Community
Additional Photos
Contact Information
Mike Tavepholjalern
Fogarty Realty, Inc.
808-388-5411
Location
Listing Agent: Mike Tavepholjalern (License #: RS-28810) 808-388-5411
Broker: Fogarty Realty, Inc. 808-955-5100 Listing Site
Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Fogarty Realty, Inc. 808-955-5100 Listing Site
Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Jul 25, 2026
Photo Gallery
$1,500,000
--
Beds
--
Baths
--
Sqft
1104 Palama St, Honolulu, Hawaii, 96817
By contacting this agent you agree to these Terms and Conditions.
MLS# 202612402
Mixed-use investment opportunity in Kalihi featuring two
$1,500,000
1104 Palama St, Honolulu, Hawaii, 96817
--
Beds
--
Baths
--
Sqft
--
Acres
$1,500,000
1104 Palama St, Honolulu, Hawaii, 96817
-- Beds
-- Baths
-- Sqft
-- Acres
Mixed-use investment opportunity in Kalihi featuring two buildings and nine residential rooms. The ground floor commercial unit has a CUP in place with roll-up door access and direct street frontage - suitable for retail, grocery, or light industrial use. Building B is currently occupied generating $4,000/month. Building A is actively under renovation. Priced at $1,500,000 with a stabilized cap rate of 7.8-9.0%. The surrounding Kalihi corridor has strong long-term redevelopment fundamentals. Conditional Use Permit (CUP) - Protected Commercial Use The commercial unit carries a CUP, securing its legal commercial operating status within the R-5 residential zone. This rare entitlement protects lender and tenant confidence and is a meaningful differentiator at this price point.
28 days
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1905
0 Acres
2 Stories
EXTERIOR
Open
Siding: Wood Frame
FINANCIAL & COMMUNITY
$13,524 / yr property tax
Oahu County
KAPALAMA Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7974618
Viewed
31 times
Listing Status
Active
Added
Jun 26, 2026
Last Refresh
Jul 25, 2026 04:50:16 AM
Listing Information
Data Source
HiCentral MLS
Source Property ID
202612402
Listing Agent: Mike Tavepholjalern (License #: RS-28810) 808-388-5411
Broker: Fogarty Realty, Inc. 808-955-5100 Listing Site
Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Fogarty Realty, Inc. 808-955-5100 Listing Site
Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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