| MLS: 202614408 (Active - For Sale) Asking Price: $2,500,000 FS - Fee Simple Type: Commercial District: Metro Address: 1803 Democrat Street, Honolulu, HI Neighborhood: Kapalama Beds: 0 Land Area: 5,000 SF Parking: On Site,Street Amenities: Private Restroom Days on Market: 57 Year Built: 1965 Zoning: 42 - I-2 General Industrial Dis Land Recorded: Regular System Property Taxes: $700 Assessed Value: $1,605,600 Assessed Ratio: 155.71% Listing Courtesy: CENTURY 21 Homefinders of HI |
A rare I-2 zoned mixed-use investment offering multiple income streams and excellent long-term potential. The property includes four 2-bedroom, 1-bath apartments with separate electric meters and assigned parking stalls, plus two established commercial tenants—a tortilla shop and a retail store. The tortilla shop owner holds a first right of refusal until August 31 2026, yet the property remains fully available for showings. Buyers can live in one unit while collecting rental income from the remaining apartments and commercial tenants, creating an exceptional blend of stability and upside.
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