REMARKS:

ATTENTION DEVELOPERS!!! Prime 12, 000sf lot less than a mile between both Waikiki and UH Manoa. So much potential: Bill 7 development/ live in one, rent the others/ land bank and build later/ rent out as is—-it’s all up to you! DD includes: EDR Neighborhood Environmental Report, Geotechnical Report with boring logs and infiltration tests, a TOPO survey and conceptual plans with A-sheets and a prelim foundation design. Existing structures have 5 twos rented, one tear-down. **Development options present a variety of potential paths for the creative owner: Bill 07 possibility of up to a maximum of 60 units and 48, 000sf of floor area or standard A2 zoning for up to 16, 080sf that takes advantage of the city’s newest parking exemptions for multi-family developments in the PUC. Not located in a HI School Impact District, new development save BIG on DOE Impact Fees, which start at close to $3, 864 and up per unit (i.e. up to over $230, 000 in savings!) in a number of Honolulu neighborhoods. **Buyers to do their own dd and verify all the latest city programs and rules with the appropriate experts and agencies**

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on Wednesday, July 9, 2025.  Information is deemed reliable but not guaranteed.  Copyright: 2025 by HiCentral MLS, Ltd.  Listing courtesy of Commercial Inv. Strategies