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239 Merchant St

8,514 SF Office Building Honolulu, HI 96813 For Sale

Investment Highlights

  • PRIME LOCATION in downtown Honolulu
  • NAMING OPPORTUNITY for full building
  • BMX ZONING allows for office, retail and residential use
  • OWNER-USER OPPORTUNITY to occupy
  • INVESTOR OPPORTUNITY to lease up vacancy and/or convert to residential
  • CONSOLIDATE THREE PARCELS by acquiring the neighboring properties to create one of the few developable properties remaining in downtown Honolulu

Executive Summary

Rare opportunity for an owner-user to acquire a functional, stand-alone office building. 239 Merchant consists of two floors, each ~4,000 sq ft, with multiple built out private offices and additional mezzanine space for storage or further work space. BMX zoning also allows for a variety of uses outside of office, including retail and/or residential. Contains its own elevator and double glass door entrance. Excellent visibility with ground floor windows and opportunity for signage on Merchant Street in downtown Honolulu, near the main Post Office. Neighboring properties 233 Merchant Street and 850 Richards Street also for sale which presents the opportunity to purchase together and combine properties for redevelopment, or, purchase separately.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
8,514 SF
Building Class
B
Year Built
1940
Tenancy
Single
Number of Floors
2
Typical Floor Size
4,257 SF
Slab to Slab
9 ft
Building FAR
1.98
Land Acres
0.10 AC
Zoning
BMX-4 - BMX stands for "Business Mixed Use" and allows for office, retail and residential uses.

Amenities

  • Bus Route
  • Open-Plan
  • Partitioned Offices
  • Air Conditioning
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (78)
Bike Score ®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-2-1-016-013-0000
Land Assessment
£1,350,420
Improvements Assessment
£742,052
Total Assessment
£2,092,472
  • Listing ID: 32693920

  • Date on Market: 05/08/2024

  • Last Updated:

  • Address: 239 Merchant St, Honolulu, HI 96813

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