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MLS: 202519379 (Active - For Sale)
 
Asking Price: $2,300,000 FS - Fee Simple
Type: Commercial
District: Kailua
Address: 41-867 Kalanianaole Highway, Waimanalo, HI
Neighborhood: Waimanalo
Beds: 0   Land Area: 10,563 SF
Parking: On Site
Amenities: Other
Days on Market: 97
(The Price of the property was lowered by $450,000 on 12/04/2025)
Year Built: 1941
Zoning: 31 - B-1 Neighborhood Business
Land Recorded: Regular System
Property Taxes: $1,050
Assessed Value: $1,025,300
Assessed Ratio: 224.32%
Listing Courtesy: Summit Realty, LLC
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New Price. Prime highway front B1 zoned property directly on Kalanianaole Hwy & adjacent vacant lot zoned B1 in Waimanalo . Currently tenant occupied by Bobby's Market. Rebuild or renovate to maximize the potential. Great opportunity for investor or owner operator. Building has existing business downstairs and residential space upstairs. Structure is in poor condition and property is to be sold AS IS. To be sold together with adjacent vacant lot located at 41-040 Puuone St. TMK 1-4-1-4-30-0000 - Lot size 8206sq ft. Assessed land value $662,000 and property tax $684/mo for vacant lot. Combined lot sizes of 18,769 sq ft. Listed price is for both properties. Do not disturb business or employees. Buyer to do own due diligence. Tenant (Bobby's) vacating 12/31/25. Unknown at this time what fixtures, furnishings and equipment will be left by tenant.


 
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