Rare opportunity for an owner-user or investor to have multiple revenue streams with both commercial and residential applications! Prime location, including the former Venus Building, that encompasses 7,457 square feet of land and features an 892 square foot retail space and a residential home used as a 4-unit rental apartment. Property is strategically located along bustling Waialae Avenue, granting maximum exposure and accessibility. Property also includes a 2,112 square foot residential structure housing multiple units: one 3-bedroom/1-bath, two 1-bedroom/1-bath, and one studio/1-bath. This combination of residential and commercial units presents an attractive investment opportunity for buyers looking to capitalize on the growing demand for mixed-use properties in the area. As part of the Kaimuki/Palolo/Waialae neighborhood, 3208 Waialae Avenue also benefits from a vibrant community atmosphere and close proximity to many schools, the University of Hawaii at Manoa, St. Louis and Chaminade, phenomenal local eateries, shops and businesses. Sold in its WHERE IS and AS IS conditions.