MLS: 202617624 (Active - For Sale)

Asking Price: $260,000 Leasehold
Lease Expires: 10/07/2026
Type: Business
District: Diamond Head
Address: 3221 Waialae Street, Honolulu, HI
Neighborhood: Kaimuki

Parking: Common Area,Covered,Included
Amenities: Private Restroom,Public Restroom
Days on Market: 19
(The Price of the property was lowered by $40,000 on 09/26/2026)
Year Built: 0
Zoning: 32 - B-2 Community Business Dis
Land Recorded: None
Property Taxes: $38,200
Assessed Value: $38,251,700
Assessed Ratio: 0.68%
Listing Courtesy: Five Star Realty, Inc.

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Excellent opportunity to own Fairwood Drive Inn & Pho 27, an established restaurant in the heart of Kaimuki! Offering over 3,008 sq. ft., this spacious, fully equipped restaurant features a large dining area, modern renovations, and a well-designed layout ready for a new owner. Located in a busy neighborhood shopping center with excellent visibility, convenient access, and customer parking. The current owner primarily focuses on takeout, leaving great potential to expand dine-in service and grow the business. Continue the existing operation or bring your own restaurant concept to this versatile, turnkey space. This is a rare opportunity in a highly desirable Kaimuki location. Don’t miss out, schedule your private showing today!

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