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435 Atkinson Dr - Superb Hotel Development Site

0.54 Acres of Commercial Land in Honolulu, HI 96815

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Investment Highlights

FEE SIMPLE hotel development site!
Across the Street from world-famous Ala Moana Shopping Center!
Steps from the Hawaii Convention Center!

Hawaii has the highest earning hotels in the nation! (Source PBN)
One of the last development sites left on Atkinson Drive!
Atkinson Drive will be an extension of Waikiki with multiple planned hotels in the future!

Executive Summary

Location, Location, Location! Hawaii has the highest-earning hotels in the nation right now (source PBN)! The number of visitors to Hawaii in January 2023 recovered to almost 97% of pre-covid levels (source Stat Advertiser). This premier location is the ONLY developable land left on Atkinson Drive, creating an extremely high barrier to entry location which offers the owner options of working with world-class hotel brands as a unique boutique lifestyle hotel. Multiple world-class hotel brands have shown serious interest in the location and actively seek equity partners. Additionally, this site provides options for a developer to engage in mixed-use retail and potential residential components. To learn more, contact me for a CA to access the confidential data room with a comprehensive Pro-forma and preliminary development report. Showings by appointment only. Do not disturb the tenants!

435 Atkinson Dr Executive Summary pdf

435 Atkinson Drive Confidentiality Agreement pdf

Property Facts

Sale Type	Investment or Owner User	Property Subtype	Commercial
No. Lots	1	Proposed Use	Retail Office Mixed Use Multifamily Hospitality Hotel
Property Type	Land	Total Lot Size	0.54 AC

Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Office Mixed Use Multifamily Hospitality Hotel
Total Lot Size	0.54 AC

1 Lot Available

Lot

Lot Size	0.54 AC

Lot Size	0.54 AC

FEE SIMPLE Level lot, approximately 100 FT. wide by 237 FT. deep. FAR: 7.0 (under TOD) Height: 350' (under TOD)

Description

The improvements include a five-unit three-story retail building and eighteen 1-bedroom apartments throughout two multifamily buildings. The buildings were constructed in the 1950s and are 100% occupied. Do not disturb the tenants!

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