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Property Description & Video
1022 Bethel Street, Honolulu, HIVideo Tour of 1022 Bethel Street, Honolulu, HI.
Rare opportunity for an owner-user or investor to acquire the fee simple interest in the landmark office property located at 1022 Bethel Street. This property, serviced by an elevator, has been meticulously maintained with "Class A" finishes by its current tenant, Island Insurance. The tenant will be vacating at the end of 2024, making the property available for almost immediate occupancy. The property features approximately 49,574 square feet of building area, including first-floor retail spaces with high visibility fronting South King and Bethel Streets. Parking is available for purchase or lease separately directly across Bethel Street in the former Walmart parking garage. Situated in the heart of Honolulu's downtown renaissance, it is adjacent to several significant redevelopments, including residential condominiums and retail spaces. This is an exceptional opportunity for a business to establish a strong presence and legacy in downtown Honolulu, benefiting from the ongoing revitalization and growth of the area.
Full Property Details
Full Property Details for 1022 Bethel St
General
- Price: $8,000,000
- Taxes: $118,488
- Status: Under Contract
- Type: Office
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202414402
- Updated: 3/20/2025
- Added to Site: 331 day(s) ago
Business
- Business Type: Mixed, Professional/Office
Rental Information
- Complex Features: Business Center, Other
- Lease Info: NNN
Interior
- Interior Features: Handicap Access
- Flooring: Concrete
Additional Information
- Shared Amenities: Media Room
Parking
- Parking Features: On Street
Location
- Area: Metro
- County: Oahu
- Subdivision: DOWNTOWN
School Information
- Elementary School: Lincoln
- Middle School: Stevenson
- High School: Roosevelt
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Utilities
- Sewer: Connected
- Utility Description: Electricity Available, Sewer Connected
Structural Information
- Detached/Attached: Detached
- Construction: Concrete
- Stories/Levels: 5
- Square Feet: 49,574
- Current Bldg. Use: Mixed Use
- Year Built: 1940
- Property Condition: Excellent
- Other Struct. Feat.: Private Restrooms
Lot Features
- Lot Size: 10115
- Frontage: City Street
- Zoning: 34 - BMX-4 Central Business Mix
Financial Considerations
- Assessment Amount: $9,448,000
- Tax Amount: $118,488
- Tenant Pays: Common Area Maintenance, Electricity, Gas, HVAC Maintenance, Insurance, Other, Other Tax, Taxes, Trash Collection, Water
Disclosures and Reports
- Special Conditions: None
- Disclosures/Reports: None
- Disclosures/Rstr.: None
- Property ID: 1-2-1-002-040-0000
Listed by Standard Management LLC
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Schools
Schools serving 1022 Bethel St
School District:Hawaii Department Of Education
Rating | Name | Grades | Distance |
---|---|---|---|
1519 Queen Emma St, Honolulu, HI 96813 | K-5 | 0.6 mi | |
1302 Queen Emma St, Honolulu, HI 96813 | 6-8 | 0.4 mi | |
1039 S King St, Honolulu, HI 96814 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1022 Bethel St
Date
Details
Price
Change
Source
6/17/2024
Listed
$8,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1022 Bethel St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$117,155
-1%
$9,554,300
1%
2023
$118,493
5%
$9,448,000
-1%
2022
$113,326
—
$9,555,900
5%
2022
$113,326
-3%
$9,139,200
-3%
2021
$116,426
—
$9,389,200
-3%
2021
$116,426
1%
$9,703,600
5%
2018
$114,804
22%
$9,258,400
22%
2017
$94,109
1%
$7,589,400
1%
2016
$93,399
4%
$7,532,200
4%
2015
$90,112
-23%
$7,267,100
-23%
2019
$117,770
37%
$9,497,600
36%
2013
$85,737
—
$6,978,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1022 Bethel St
1022 Bethel Street, Honolulu, HI 96813 (MLS# 202414402) is a Office property. 1022 Bethel Street is currently listed for $8,000,000 and was received on June 17, 2024. Want to learn more about 1022 Bethel Street? Do you have questions about finding other Office real estate for sale in Honolulu? You can browse all Honolulu real estate or contact a Coldwell Banker agent to request more information.