425 N King ST, Honolulu, HI 96817
425 N King ST, Honolulu, HI 96817
425 N King ST, Honolulu, HI 96817
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Listed by Excel Commercial Realty LLC
$13,500,000
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425 N King ST Honolulu, HI 96817

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Dillingham

MLS Listing ID 202619776

Construction Status Average Condition

HOA Y/N No

Year Built 1921

Annual Tax Amount $93,396

Property Sub-Type Multi Family

Property Description

An exceptional redevelopment opportunity to acquire the Tong Fat Co. building at 425 N. King Street, located just west of Honolulu's Central Business District and Chinatown. Offered at $13,500,000, the property occupies approximately 32,526 square feet of BMX-3 zoned land with 29,568 square feet of existing building area. The current improvements comprise 10 retail spaces, 42 rooming units, and 14 two-bedroom/one-bathroom apartments, complemented by 38 parking stalls.

The opportunity aligns with the broader vision of the City and County of Honolulu's ongoing Kuwili Station Transit-Oriented Development Redevelopment Area Master Planning initiative, which seeks to advance a connected, mixed-use district through coordinated housing, transportation, infrastructure, and public space improvements. With its substantial land area, proximity to planned rail transit, and convenient access to Downtown Honolulu and Chinatown, the Tong Fat Co. building presents an opportunity to participate in the long-term transformation of the Iwilei–Kuwili neighborhood.

Location

State HI

County Oahu

Community None, Other

Area Metro

Interior

Fireplace No

Laundry None

Exterior

Parking Features Open

Community Features None, Other

Utilities Available Cable Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available, Water Available, Sewer Connected

Waterfront Description Other

View Y/N No

View None

Total Parking Spaces 38

Building

Lot Description Other, Level

Dwelling Type Duplex,Multi Family

Entry Level Two

Sewer Connected

Water Public

Level or Stories Two

Construction Status Average Condition

Schools

Elementary Schools Kaiulani

Middle Schools Keelikolani

High Schools Farrington

Others

Tax ID 1-1-5-007-003-0000

Special Listing Condition None


Hawaii Central MLS (HiCentralMLS)
Nearby Locations
Wayne Hancock
Wayne Hancock

Principal Broker License ID: RB-23885

+1(808) 250-6901 | wayne@myhawaii.realestate

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425 N King ST