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549 Halemaumau St
Honolulu, HI 96821 Kuliouou-Kalani Iki

$1,800,000 USD

Restaurant Condo For Sale  •  2,920 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 64,703 SF
  • Lot Size 4.72 AC
  • Building Class B
  • Year Built 1965
  • Tenancy Multiple
  • Zoning B-1
41 Transit Score
33 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit B6 Retail 2,920 SF $1,800,000 USD
  • Unit Size: 2,920 SF
  • Condo Use: Retail
  • Price: $1,800,000 USD
  • Sale Type: Investment
  • Price/SF: $616.44 USD
Sale Notes
Unit B6 presents a compelling opportunity to acquire a fee simple retail condo leased to Beastside Kitchen, a Hawaiian Pacific fusion restaurant known for its vibrant atmosphere and live entertainment. The tenant operates under a lease with nearly three years remaining and a renewal option for four years and eleven months. Located in the Niu Valley Center, the unit benefits from strong co-tenancy and exceptional exposure along Kalanianaole Highway. The East Oahu trade area is one of the most desirable in Hawaii, with affluent households and limited retail availability. This asset offers investors a well-located, income-generating property with a dynamic tenant and strong market fundamentals.

Description 

Colliers is pleased to present the opportunity to acquire a fee simple retail investment in East O?ahu — one of Honolulu’s most affluent and supply-constrained trade areas.

Beastside Kitchen is a beloved neighborhood staple with a loyal following, anchored within Niu Valley Center — a well-established retail center on Kalanianaole Highway between Hawaii Kai and Aina Haina. The center benefits from approximately 56,000 vehicles per day, delivering consistent natural exposure to some of Oahu’s most affluent residential communities. Take advantage of this rare opportunity to secure a foothold in one of East Honolulu’s most desirable investment corridors.

Highlights

Located in one of Honolulu’s most affluent trade areas with average household incomes over $229,000 within a 1-mile radius
Fully leased to established restaurant operators with long-term leases and renewal options in place
Positioned along Kalanianaole Highway with exposure to 56,800 vehicles per day
Fee simple ownership in a supply-constrained submarket with limited retail inventory
Surrounded by high-performing retail centers including Hawaii Kai Towne Center, Koko Marina Center, and Aina Haina Shopping Center

Property Flyers

Amenities

  • 24 Hour Access
  • Bus Line
  • Dedicated Turn Lane
  • Restaurant
  • Signage
  • Air Conditioning
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Daniel K Inouye International 27 min - 14.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 220
Type: Surface
Included in Rent: Yes
Kelli Wilinski 808-371-4856 Colliers
Kelli Wilinski 808-371-4856 Colliers