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3116 Waialae Ave, Honolulu, HI 96816

$1,275,000 ▼ $175,000 Commercial for sale 1,696 sqft Neighborhood: Palolo

8 min walk to Kanewai Community Park

5 min drive to Waikiki Beach

4 min drive to Ala Wai Golf Course

4 min drive to The Wall

5 min drive to Publics

About lifestyles

Rare investment Opportunity. Commercial Zoned B-2. Great location on Waialae Ave near City Mill. 8,041 sq ft of land. Home is currently occupied by tenants on month to month lease. Also offered for sale is neighboring TMK 1-3-3-002-041-0000. The possibilities are endless! Also listed as Single Family - See MLS 202426742.

Details

1953 year built

Year Built 1953
Original list price $1,450,000
Days on market 106
Price per sqft $752/sqft
Address
3116 Waialae Ave, Honolulu, HI, 96816
Frontage Other
Neighborhood Palolo
Land area 8,041 sqft / 0.185 acres
Total Interior Area 1,696 sqft
City of Oahu Honolulu
Region Diamond Head
Island Oahu
Land tenure FS - Fee Simple

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments

Mortgage

$6,501

Taxes

$1,573

HOA dues

Mortgage

Last listprice

Down payment

$255,000 / 20%

Interest rate

6.58%

Loan type

30 years

Your amount $6,501 / month

Taxes

Property taxes

$1,573 / month

Estimated tax $1,573 / month

Property tax figures are deemed reliable but not guaranteed. All property tax information needs to be verified by the buyer.

No HOA dues

Neighborhood: Palolo

Oahu

Diamond Head

Palolo

Nearby & commute

Walkability

Coffee shops

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no data

Bus stop

—

no data

Supermarket

—

no data

Costco

—

no data

Hospital

—

no data

Park

—

no data

Beach

—

no data

Elementary school

—

no data

Middle school

—

no data

High school

—

no data

Local airport

—

no data

16.33 / 20

Very walkable

►

18-20

Most Walkable

15-18

Very walkable

10-15

Somewhat walkable

1-10

Car dependent

Walkability according to the National Walkability Index

Amenities & Features

Other floors

Roof

Pitch & Gravel

Property Condition

Average

Business Type

Other

Construction/Exterior Finish

Concrete Block, Wood Frame

Air Conditioning

Other

Floor Covering

Other

Income Information Source

Other

Expense Information Source

Owner

Easements

Other

Documents Available

Other

Lessee/Tenant Pays

Other

Parking

On Site

Utilities Included

Gas, Light Electricity, Small Water Meter

Amenities

Other

Palolo prices

Average price $315.61k

Neighborhood average sales price*

$315.61k

Neighborhood median sales price*

$322.8k

Number or sales*

Street median sales price*

$425k

Median sale price 802 Punahou*

$425k

*last 6 months

About Palolo

The neighborhood of Palolo is one of last of the more affordable neighborhoods in Honolulu, Oahu. Palolo Valley is an older neighborhood like many of the surrounding neighborhoods. The first homes were built here in the 1920s, but the vast majority of hom Read more

Schools

15 schools with rating up to 9

School rating		Distance
NR	Aikane O Hokulani 2940 Kamakini St, Honolulu, HI 96816 Elementary School	0.281mi
NR	St Louis School 3142 Waialae Avenue, Honolulu, HI 96816 Middle School	0.055mi
NR	St Louis School 3142 Waialae Avenue, Honolulu, HI 96816 High School	0.055mi

School rating		Distance
NR	Aikane O Hokulani 2940 Kamakini St, Honolulu, HI 96816	0.281mi
9 out of 10	Hokulani Elementary School 2940 Kamakini St, Honolulu, HI 96816	0.309mi
7 out of 10	Aliiolani Elementary School 1240 7th Ave, Honolulu, HI 96816	0.34mi
NR	St Patrick School 3320 Harding Avenue, Honolulu, HI 96816	0.379mi
4 out of 10	Prince Jonah Kuhio Elementary School 2759 South King St, Honolulu, HI 96826	0.662mi

School rating		Distance
NR	St Louis School 3142 Waialae Avenue, Honolulu, HI 96816	0.055mi
NR	St Patrick School 3320 Harding Avenue, Honolulu, HI 96816	0.379mi
NR	Varsity International School 2617 South King St., 3-D, Honolulu, HI 96826	0.798mi
NR	Kaimuki Christian School 1117 Koko Head Ave, Honolulu, HI 96816	0.91mi
NR	Sacred Hearts Academy 3253 Waialac Avenue, Honolulu, HI 96816	0.92mi

School rating		Distance
NR	St Louis School 3142 Waialae Avenue, Honolulu, HI 96816	0.055mi
3 out of 10	Kaimuki High School 2705 Kaimuki Ave, Honolulu, HI 96816	0.48mi
NR	Varsity International School 2617 South King St., 3-D, Honolulu, HI 96826	0.798mi
NR	Kaimuki Christian School 1117 Koko Head Ave, Honolulu, HI 96816	0.91mi
NR	Sacred Hearts Academy 3253 Waialac Avenue, Honolulu, HI 96816	0.92mi

Price history

New Listing Nov 15, 2024

Date	Event	Price	$/sqft	Source
Nov 15, 2024	New Listing	$1,450,000	$854.95	MLS #202426742

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Tax & MLS details 3116 Waialae Ave, Honolulu, HI, 96816

32 - B-2 Community Business Dis zoning / MLS #202425883

Current Property Taxes p/month

$1,573

Property Tax Year

2024

Assessed Improvement value

$80,800

Assessed Land value

$1,441,600

TMK

1-3-3-002-053-0000

Land Recorded

Regular System

Zoning

32 - B-2 Community Business Dis

Flood Zone

Zone AE,Zone X

Total Assessed value

$1,522,400

Listed by

Corcoran Pacific Properties
(808) 589-2040

MLS #

202425883

Hawaii House tour report for this commercial

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Stunning views

Ocean views

Open floorplan

Needs Work

Street noise

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Recently sold nearby 3116 Waialae Ave in Palolo

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Ask a question

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Frequently asked questions for 3116 Waialae Ave

What is 3116 Waialae Ave?

3116 Waialae Ave is a Commercial/Industrial

What is the rental income?

—

What is the full address of this commercial?

3116 Waialae Ave, Honolulu, HI, 96816.

What comparable properties are nearby?

Comparable nearby commercial properties include 1638 10th Ave, 3065 Kapiolani Blvd, 1888 Kalakaua Ave unit C312, 725 Kapiolani Blvd unit C305 & C306, 725 Kapiolani Blvd unit C306, 725 Kapiolani Blvd unit C209.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of Corcoran Pacific Properties. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on January 18, 2025.
Hawaii House Last checked 1 minute ago.

Palolo & nearby Neighborhoods

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Nearby Zip Codes

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Palolo Property Types

Less

$1,275,000

$175000

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