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

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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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