- For Sale $6,200,000
- Property Type Retail
- Property Size 4,108 SF
- Additional Rent Contact for pricing
- Date Updated Dec 12, 2024
Cushman & Wakefield ChaneyBrooks is pleased to present an exceptional opportunity for an owner-user to purchase their own flagship location in the highly sought-after premier tourist destination of Waikiki, on the island of Oahu, Hawaii. The 2-level, 2,260 square foot building is located at the highly visible, signalized corner of Lewers Street and Kuhio Avenue, at 352 Lewers Street (the “Property”). The Property also offers an excellent redevelopment opportunity. A buyer could maximize value by developing a multi-level mixed-use building.
Although the Property does not offer any on-site parking, most Waikiki consumers prefer to walk from their nearby hotels or condo/apartment units. Inexpensive metered parking stalls are available in the adjacent public municipal surface parking lot, as well as nearby metered street parking.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Prime Waikiki Location - Located in the World-Renowned Waikiki, a top performing destination market, the site is within walking distance of world-class dining, recreational activities, shopping and nightlife.
- Rare Signalized Corner Lot - Situated in the heart of Waikiki along the major thoroughfare and prominent corner of Kuhio Avenue and Lewers Street.
- Excellent Street Visibility & Vehicle Traffic - The property enjoys high pedestrian counts with over 24 and 75 feet of street frontage along Kuhio and Lewers, respectively. Additionally, over 23,850 vehicles pass by the property daily.
- Well-Located Asset in Premier Tourist Destination - Located in Waikiki, the States biggest tourist attraction, benefiting from 4 million visitors annually and $8.1 billion in total visitor expenditures.
- Single-Tenant, Net-Leased Opportunity - This investment has potential to be leased as a highly coveted single tenant, net leased opportunity thereby minimizing the owners management and oversight.
- Rare Owner-User Opportunity - Properties in Waikiki, the States biggest tourist attraction, seldom become available for owner-users to purchase their own building. The site would be ideal for a flagship location.
- Redevelopment Opportunity - The site has potential to redevelop into a multi-level mixed-use building to maximize value by increasing the gross leasable area.
- Significant Barriers to Entry - Due to the high demand and scarcity of fee simple land in Waikiki, the asset is extremely rare.
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Contacts
Location
Getting Around
-
Walk Score ®
92/100
Walker's Paradise
-
Transit Score ®
64/100
Good Transit
-
Bike Score ®
93/100
Biker's Paradise
- City Honolulu, HI
- Neighborhood Waikiki
- Zip Code 96815
- Market Honolulu
Points of Interest
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Hālawa / Aloha Stadium
9.19 miles
-
Aloha Petroleum
0.31 miles
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Texaco
0.96 miles
-
Hele
0.96 miles
-
76
0.97 miles
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Shell
1.04 miles
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コスモ
1.40 miles
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ChargePoint
2.23 miles
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Kahala Mall
2.73 miles
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OpConnect
4.77 miles
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7-Eleven Hawaii Kai
7.69 miles
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Aloha Lani Parking
0.13 miles
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Bank of Hawaii
0.16 miles
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Royal Hawaiian Center Parking Garage
0.18 miles
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Sheraton Waikiki & Royal Hawaiian Hotel Parking Garage
0.22 miles
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Hale Koa Parking Structure
0.41 miles
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Hilton Hawaiian Village Parking
0.56 miles
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Watermark Parking
0.70 miles
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Ilikai Marina
0.75 miles
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Humane Society
0.93 miles
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Kapiolani Residence Parking
0.95 miles
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Genius Lounge Japanese Sake Bar ＆ Dining
0.02 miles
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IHOP
0.03 miles
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Siam Square
0.03 miles
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Mahina and Sun's
0.06 miles
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Slice of Waikiki Pizza
0.06 miles
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Sam's Kitchen
0.08 miles
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Waikiki Shokudo
0.08 miles
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Quiora
0.08 miles
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Aloha Burrito Shop
0.09 miles
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McDonald's
0.10 miles
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T Galleria
0.08 miles
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Waikiki Shopping Plaza
0.14 miles
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Ross
0.15 miles
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Royal Hawaiian Center
0.16 miles
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Dukes Lane Market & Eatery
0.18 miles
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Saks Fifth Avenue
0.22 miles
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Mitsuwa Marketplace
0.24 miles
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International Marketplace
0.26 miles
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Macy's
0.27 miles
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Waikiki Market
0.34 miles
Frequently Asked Questions
The space currently listed for sale at 352 Lewers Street asks for $6,200,000.
352 Lewers Street totals 4,108 square feet.
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