New Listing
$1,500,000
( $976.56Per Sq Foot )
 $8,052 est/mo Sourced by Back At You

3116 Waialae Avenue,Honolulu, HI 96816

Honolulu, HI 96816

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Description

Plant your business roots in close proximity to Manoa/Kaimuki/Waikiki. This rarely offered B-2: Business/Residential Mixed Use property on the Waialae Ave main commercial corridor features versatile wood and concrete structures. Permitted and conditional uses include a residential multi-family apartment, commercial retail mall, month-to-month boutique hotel, medical/industrial supply store, dry-goods distribution center, corporate office, heavy-vehicle parking lot, care-home facility, religious center, wellness/wedding venue, tutoring/dance classroom, University of Hawaii or Chaminade University labs, after school programs, non-profit site, and other uses by the next lucky owner. With substantial on-site parking capacity and nearby public transportation to Honolulu's main shopping centers and residential areas, this opportunity is perfect for 1031 tax-deferred exchanges, portfolio expansions, and ground-up development. Priced low As-Is. Massive potential resale value and earning potential, depending on your vision! Available for purchase with the neighboring 12,685 sq. ft. property to increase parking, driveway, and useful capacity! Owner occupied. Call to tour.

Details

MLS #202621654
Listing TypeFor Sale
StyleIndustrial
Building NameNa
Sub-TypeResale
StatusActive
Year1953
Days On Site4
Listing Provided ByHawaii Golden Realty | Leland HY Louie

Features

SQ Feet1,536
Story(s)1
Units3
Zoning32 - B-2 Community Business Dis

Exterior

Construction MaterialsWood Frame

Other

Community FeaturesBusiness Center, Recreation Area

Taxes

Property18086

Area Information

StateHI
CountyOahu
CityHonolulu
Zip Code96816
AreaOahu
Community NamePALOLO
School DistrictKaimuki
Elementary SchoolPalolo
High SchoolKaimuki
Listing VS Median (in PALOLO)
Price:
$1,500,000
low | high
Med:
$1,142,000
73.866666666667% of Average
sqft:
1,536
low | high
Med:
1,429
56.998697916667% of Average
$ / sqft:
$977
low | high
Med:
$830
65.051860540893% of Average
On site:
4
low | high
Med:
40
10% of Average
Sourced by Back At You

Market Activity 96816

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The information is being provided by HICentral MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 HICentral MLS. All Rights Reserved.

Contact

Learn More About This Property

Ana Shakespear

Ana Shakespear

Coldwell Banker Island Properties

RS-88639 (808) 493-2846ashakespear8@gmail.com
StateHI
CountyOahu
CityHonolulu
Zip Code96816
AreaOahu
Community NamePALOLO
School DistrictKaimuki
Elementary SchoolPalolo
High SchoolKaimuki
Listing VS Median (in PALOLO)
Price:
$1,500,000
low | high
Med:
$1,142,000
73.866666666667% of Average
sqft:
1,536
low | high
Med:
1,429
56.998697916667% of Average
$ / sqft:
$977
low | high
Med:
$830
65.051860540893% of Average
On site:
4
low | high
Med:
40
10% of Average
Sourced by Back At You
Listing Updated: November 8, 2026 at 6:10:30 PM PST
©2026 Copyright Coldwell Banker Real Estate LLC. A Realogy Company. All Rights Reserved. Coldwell Banker, the Coldwell Banker Logo, Coldwell Banker Global Luxury, and the Coldwell Banker Global Luxury logo are service marks registered or pending registration owned by Coldwell Banker Real Estate LLC. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office Is Independently Owned And Operated. Listing information is deemed reliable, but is not guaranteed.

This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. The listing broker’s offer of compensation is the dollar amount or percentage of sale price the listing broker offers to pay a broker who (a) participates in the multiple listing service where the listing broker filed the listing and (b) procures the buyer for a successful transaction. Copyright, 2026, REALTORS® Association of Maui, Inc. All Rights Reserved.

The information is being provided by HICentral MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 HICentral MLS. All Rights Reserved.

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Hawaii Information Systems.



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