About 1520 Liliha Street
Standard Commercial LLC is pleased to present a rare opportunity to acquire the fee simple interest in the Liliha Professional Building, a multi-tenant medical office property located in the heart of urban Honolulu, Hawaii. The property totals 40,296 square feet of gross leasable area and is currently 70% leased with a market average occupancy of 88%, providing signifiant lease-up opportunity to a buyer. It offers ample on-site parking with 194 stalls. The building recently underwent over $1 million in capital improvements, making it a turnkey opportunity for a new owner. An owner-user can secure one of the few outpatient facilities available in urban Honolulu while generating income from existing tenants. Alternatively, a value-add investor can pursue lease-up or a medical office condominium conversion, supported by strong in-place cash flow.
Features of 1520 Liliha Street
| MLS® # | 202516308 |
|---|---|
| Price | $16,100,000 |
| Bathrooms | 0.00 |
| Acres | 1.23 |
| Year Built | 1979 |
| Type | Commercial Sale |
| Sub-Type | Industrial |
| Status | Active |
Community Information
| Address | 1520 Liliha Street |
|---|---|
| Area | Metro |
| Subdivision | LILIHA |
| City | Honolulu |
| County | Oahu |
| State | HI |
| Zip Code | 96817 |
| Condo Name | N/A |
Amenities
| Utilities | Electricity Available, Sewer Connected |
|---|---|
| Parking | Assigned, On Site, Unassigned |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | HandicapAccess |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Stories | Three Or More |
Exterior
| Exterior | Concrete, Block |
|---|
School Information
| Elementary | Kaiulani |
|---|---|
| Middle | Kawananakoa |
| High | Roosevelt |
Additional Information
| Days on Market | 96 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Lease Fee | $0 |
Listing Details
| Office | Standard Management LLC |
|---|---|
| Contact Info | (808) 208-8107 |