Motivated Seller! Bring your hotel, condo, retail strip center, or Bill 7 developer to look at this gem of a lot, located on Kapiolani Blvd. In the Ala Moana TOD zone, with FAR up to 10 (base FAR 3.5), allowing for an affordable development (double the allowable for Bill 7 with fewer restrictions). The Property is a level lot prominently situated on the east corner of Kapiolani Boulevard and Kalakaua Avenue, figuratively referred to as the “Gateway to Waikiki.” The Property is strategically located within a Transit Oriented Development(“TOD”)zone across the street from the Hawaii Convention Center, a nearby driver for employment, occupancy, and ADRs. It is a 10-minute walk to Ala Moana Center, the world’s largest open-air mall with 340 shops and over 2.4 million SF of retail space. At $1, 400 per square foot in sales, it consistently ranks among the Top 10 U.S. Shopping centers. The Property is a 5-minute Uber ride to the heart of Waikiki, known for its world-famous beaches, dining, and nightlife—buyer to conduct its due diligence.
