SOLD 02/09/2024
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Schools
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Commercial sold for $1,925,000 in 65 days
Hawaiki Tower #2 88 Piikoi St #2, Honolulu, HI, 96814
Neighborhood: KakaakoOff the market Commercial/Industrial
OWNER-USER OPPORTUNITY: The 3,381 square foot fee simple commercial condominium unit is currently vacant allowing for immediate occupancy. LARGE, BRIGHT AND AIRY UNIT, the majority of the subject property is comprised of a large open space area with high ceilings. This ground floor unit is accessible directly from Waimanu Street as well as an interior common area corridor leading to the parking garage, gated loading area and common area restrooms. Located in a submarket with strong demographics, the property is part of the 46-story mixed-use luxury condominium building, Hawaiki Tower, and surrounded by other luxury high-rise residential condo buildings including Howard Hughes' master-planned live-work-play community, Ward Village. Adjacent to Ala Moana Center, the world's largest open-air shopping center attracting 53 million shopping visitations each year, this well-located, signalized corner asset enjoys excellent street visibility with high pedestrian and vehicle traffic.
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Property details
1999 year built
Price per sqft
$569/sqft
Address
88 Piikoi St #2, Honolulu, HI, 96814
City of Hawaii
Honolulu
Island
Oahu
Year Built
1999
Land tenure
FS - Fee Simple
Neighborhood
Kakaako
District
Honolulu
Nearby major retailers
Costco
Foodland
Lowe's
Mercedes-Benz
Safeway
Porsche
T-Mobile
Whole Foods Market
Ferrari
Wholesale: 1
Supermarket: 7
Do it yourself: 1
Car: 4
Mobile phone: 1
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Interior Features
Concrete, Other floors
Roof
Composition
Floor Covering
Concrete, Other
Easements
Sewer, Water
Garage & Parking
Assigned, On Site
Utilities Included
Light Electricity
Amenities
Public Restroom
Listed by
Dale Tagami Fukushima, Engel & Volkers Honolulu
(808) 550-0818
(808) 550-0818
Name
Dale Tagami Fukushima
License number
RS-44881
Brokerage company
Engel & Volkers Honolulu
(808) 550-0818
(808) 550-0818
MLS #
202319855
Buyer agent
Name
NON MLS
Brokerage company
Non-MLS
Payment calculator
Calculate your monthly payments
Mortgage
$5,911
Taxes
$1,964
HOA dues
$0
Mortgage
$385,000 / 20%
2.28%
30 years
Your amount
$5,911 / month
Exterior Features
Reinforced Concrete construction and more
Construction
Reinforced Concrete
Lot details
TMK #1230060040002
Parcel nr.
1230060040002
Kakaako neighborhood info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
People living in Kakaako
31%
Families with children
National average: 39%
30%
Non family households
364,089
Population
$128,046
Average Income
Age & gender
Median age 44 years
More info
Commute types
64% commute by car
More info
Education level
26% have bachelor education
More info
Number of employees
2% work in education and healthcare
More info
Vehicles available
49% have 1 vehicle
More info
Vehicles by gender
49% have 1 vehicle
More info
Housing market insights for Hawaiki Tower #2
$719.6k
Neighborhood average
sales price*
sales price*
$513.68k
Neighborhood median
sales price*
sales price*
1235
Number
of sales*
of sales*
Housing type
62% are apartments
More info
Rooms
39% of the houses have 2 or 3 rooms
More info
Bedrooms
45% have 2 or 3 bedrooms
More info
Owners vs Renters
52% are renters
More info
19.17 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
Elementary School |
0.28mi | |
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
Middle School |
0.28mi | |
| out of 10 |
President William Mckinley High School
1039 South King St,
Honolulu, HI 96814
High School |
0.493mi |
| School rating | Distance | |
|---|---|---|
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
|
0.28mi | |
| out of 10 |
Queen Kaahumanu Elementary School
1141 Kinau St,
Honolulu, HI 96814
|
0.708mi |
|
Hawaiian Mission Academy K-8
1415 Makiki Street,
Honolulu, HI 96814
|
0.902mi | |
| out of 10 |
Voyager - A Public Charter School
547 Halekauwila St,
Honolulu, HI 96813
|
0.925mi |
| out of 10 |
King William Lunalilo Elementary School
810 Pumehana St,
Honolulu, HI 96826
|
0.944mi |
| School rating | Distance | |
|---|---|---|
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
|
0.28mi | |
| out of 10 |
President George Washington Middle School
1633 South King St,
Honolulu, HI 96826
|
0.805mi |
|
Hawaiian Mission Academy K-8
1415 Makiki Street,
Honolulu, HI 96814
|
0.902mi | |
| out of 10 |
Voyager - A Public Charter School
547 Halekauwila St,
Honolulu, HI 96813
|
0.925mi |
| out of 10 |
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St,
Honolulu, HI 96813
|
0.991mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
President William Mckinley High School
1039 South King St,
Honolulu, HI 96814
|
0.493mi |
|
Hawaiian Mission Academy
1438 Pensacola Street,
Honolulu, HI 96822
|
0.904mi | |
| out of 10 |
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St,
Honolulu, HI 96813
|
0.991mi |
|
Maryknoll School
1402 Punahou Street,
Honolulu, HI 96822
|
1.067mi | |
|
Maryknoll Grade School
1722 Dole Street,
Honolulu, HI 96822
|
1.154mi | |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Feb 9, 2024
Kakaako Median sales price 2024
| Bedrooms | Med. price | % of listings |
|---|---|---|
| Not specified | $345.13k | 7.22% |
| 1 bed | $798k | 17.53% |
| 2 beds | $927.5k | 57.73% |
| 3 beds | $1.78m | 17.53% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Feb 9, 2024 | Sold | $1,925,000 | 569.36 | Public Record |
| Feb 9, 2024 | Price Decrease | $1,925,000 -1.28% | 569.36 | MLS #202319855 |
| Oct 26, 2023 | $1,950,000 | 576.75 | MLS #202319855 | |
| Aug 23, 2023 | New Listing | $1,950,000 | 576.75 | MLS #202319855 |
Taxes of 88 Piikoi St #2, Honolulu, HI, 96814
Kak – Kakaako Community Development Project zoning / MLS #202319855
Current Property Taxes p/month
$1,964
Assessed Improvement value
$1,978,500
Assessed Land value
$182,900
Land Recorded
Land Court
Zoning
Kak – Kakaako Community Development Project
Flood Zone
Zone AE
Total Assessed value
$2,161,400
Tax History
| Year | Taxes | Source |
|---|---|---|
| 2023 | $23,570 | MLS #202319855 |
About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.
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Frequently Asked Questions about Hawaiki Tower #2
What is Hawaiki Tower #2?
Hawaiki Tower #2 is a Exclusive Rights Commercial/Industrial property.
What is the rental income?
-
What is the full address of this Commercial?
88 Piikoi St #2, Honolulu, HI, 96814.
What comparable properties are nearby?
Comparable nearby commercial properties include 725 Kapiolani Blvd, 1402 Lusitana St, 888 Mililani St, 2110 Beretania St, 1100 Alakea St, 110 King St.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Engel & Volkers Honolulu.
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.
Listing last updated: Feb 09, 2024
Verhouse Last checked 5 minutes ago
The closest grocery stores are Nijiya Supermarket, 0.07 miles away and Food Land Farms, 0.09 miles away.
The Kakaako neighborhood has a population of 364,089, and 31% of the families have children. The median age is 44.88 years and 64% commute by car. The most popular housing type is "apartment" and 52% is renter.