209 Kaiulani Ave, Honolulu, HI 96815

IN ESCROW BEFORE LISTED. Irreplaceable TROPHY LOCATION at the corner of Kaiulani and Kuhio Avenues in the heart of Hawaii's #1 tourist destination, Waikiki. Below-market rents provide tremendous upside potential for a buyer! 7 on-site parking stalls (2 may not be to code) with ample additional street parking in the area. Extremely supply-constrained submarket with virtually no land available for development. Located in a strong rental market within Honolulu which has experienced 27% growth in rents over the past 5 years Sturdy brick construction. Possible conversion to condominium or student housing. Potential repositioning opportunity as a hospitality use through rezoning or conditional use permit. Some information is subject to confirmation from Seller.