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.
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Beds • 5
Baths • 2
SQFT • 3,296