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425 N King Street, Honolulu, HI 96817
8 min walk to Aala Park
4 min drive to Point Panic
3 min drive to Flies
About lifestyles
Large BMX-3 zoned property offers great development potential near downtown Honolulu. First Hawaiian Bank Is adjacent to subject lot and has been sold to the City. Buyer to do their own due diligence. The value is in the land and potential development opportunities. Possible affordable housing rental or condominium project may be suitable for this lot.
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Details
1921 year built
- Year Built 1921
- Original list price $10,000,000
- Days on market 513
- Price per sqft $328/sqft
-
Address
425 N King Street, Honolulu, HI, 96817
- Frontage Main Street
- Neighborhood Dillingham
- Land area 32,526 sqft / 0.747 acres
- Total Interior Area 30,448 sqft
- City of Oahu Honolulu
- Region Honolulu
- Island Oahu
- Land tenure FS - Fee Simple
- Number of Units 66
- Parking Spaces 38
- Annual Expenses 425815
- Net Operating Income 218279
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$50,988
Taxes
$7,354
HOA dues
$0
Mortgage
Down payment
$2,000,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$50,988 / month
Neighborhood: Dillingham
Nearby & commute
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
—
no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
17.17 / 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
38 parking places, Other floors
Roof
Aluminum/Steel, Pitch & Gravel, Shingle
Property Condition
Average, Fair, Needs Major Repair
Business Type
Mixed Use
Construction/Exterior Finish
Other, Wood Frame
Air Conditioning
Individual
Loading
None
Floor Covering
Other
Income Information Source
Owner
Expense Information Source
Owner
Easements
None
Documents Available
Building Plans, Lease Documents, P&L, Tax Return
Lessee/Tenant Pays
Electricity
Parking
Assigned, On Site
Utilities Included
Gas, Light Electricity, Small Water Meter
Amenities
None
Dillingham prices
Average price $737.38k
Neighborhood average sales price*
$737.38k
Neighborhood median sales price*
$632.5k
Number or sales*
16
*last 6 months
Schools
15 schools with rating up to 6
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kauluwela Elementary School
1486 Aala St,
Honolulu, HI 96817
Elementary School
|
0.377mi |
| out of 10 |
Central Middle School
1302 Queen Emma St,
Honolulu, HI 96813
Middle School
|
0.611mi |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
High School
|
0.678mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kauluwela Elementary School
1486 Aala St,
Honolulu, HI 96817
|
0.377mi |
| out of 10 |
Princess Victoria Kaiulani Elementary School
783 North King St,
Honolulu, HI 96817
|
0.391mi |
| out of 10 |
Princess Miriam K Likelike Elementary School
1618 Palama St,
Honolulu, HI 96817
|
0.6mi |
|
St. Theresa School
712 North School Street,
Honolulu, HI 96817
|
0.615mi | |
|
Soto Academy
1708 Nuuanu Avenue,
Honolulu, HI 96817
|
0.633mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Central Middle School
1302 Queen Emma St,
Honolulu, HI 96813
|
0.611mi |
|
St. Theresa School
712 North School Street,
Honolulu, HI 96817
|
0.615mi | |
|
Cathedral Catholic Academy
1728 Nuuanu Avenue,
Honolulu, HI 96817
|
0.672mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.678mi | |
|
Hongwanji Mission School
1728 Pali Hwy,
Honolulu, HI 96813
|
0.785mi |
| School rating | Distance | |
|---|---|---|
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.678mi | |
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
|
0.788mi | |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.788mi | |
|
Pacific Buddhist Academy
1710 Pali Highway,
Honolulu, HI 96813
|
0.797mi | |
|
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd,
Honolulu, HI 96817
|
0.956mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
New Listing Jan 23, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jan 23, 2024 | New Listing | $10,000,000 +8233.33% | $328.43 | MLS #202401329 |
| Apr 10, 2017 | Cancelled | $120,000 | $3.94 | MLS #201702151 |
| Feb 3, 2017 | New Listing | $120,000 | $3.94 | MLS #201702151 |
Tax & MLS details 425 N King Street, Honolulu, HI, 96817
33 - BMX-3 Community Business M zoning / MLS #202401329
Current Property Taxes p/month
$7,354
Property Tax Year
2023
Assessed Improvement value
$1,237,800
Assessed Land value
$5,878,900
TMK
1-1-5-007-003-0000
Land Recorded
Land Court
Zoning
33 - BMX-3 Community Business M
Flood Zone
Zone X
Total Assessed value
$7,116,700
Listed by
Century 21 iProperties Hawaii
(808) 791-1020
(808) 791-1020
MLS #
202401329
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Frequently asked questions for 425 N King Street
What is 425 N King Street?
425 N King Street is a Commercial/Industrial
How many units does it have?
425 N King Street has 66 units.
What is the rental income?
The net income is $218,279
*check with agent
What is the full address of this commercial?
425 N King Street, Honolulu, HI, 96817.
What comparable properties are nearby?
Comparable nearby commercial properties include 521 Kuwili St, 915 Kekaulike Street, 1930 Kahai Street, 1079-1085 S Beretania St, 1175 Hopaka St, 1694 Kalakaua Ave.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of Century 21 iProperties Hawaii. 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 June 05, 2025.
Hawaii House Last checked less than a minute ago.
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