1323 Gulick Avenue, Honolulu, HI 96819 - Photo 1

1/1

$75,000

Sold
Closed
Business
800 Sq. Ft.

1/1

Property Description

Welcome to Matsumoto Okazuya, a hidden gem in the culinary paradise of Honolulu, Hawaii! This turnkey restaurant business presents a rare and exciting opportunity for entrepreneurs and food enthusiasts to step into a well-established, beloved eatery with a rich history and a loyal customer base. Conveniently situated in the heart of Kalihi, Matsumoto Okazuya benefits from a prime location with high foot traffic and excellent street frontage visibility. Take the reins of Matsumoto Okazuya, continue its tradition of culinary excellence, and embark on a rewarding journey as a respected member of the Honolulu dining scene. Inquire today to secure your place in this thriving food industry! Base rent: $1,500/month, CAM: $1,076/month, GET: $111.97/month. Next rent step up is from January 1, 2024 to December 31, 2024. Lease expires on 12/31/2025. The real property is not for sale.

Full Property Details

Full Property Details for 1323 Gulick Ave

General

Sold For: $75,000
Taxes: $14,238
Status: Closed
Type: Business
Source: Honolulu_Board_Of_Realtors
MLS ID: 202319213
Added to Site: 921 day(s) ago

Business

Name: Matsumoto's Okazuya & Restaurant
Business Type: Restaurant

Rental Information

Lease Info: NNN

Interior

Appliances: Free Standing

Parking

Parking Features: None, Off Site

Location

Area: Metro
County: Oahu
Subdivision: KALIHI-LOWER

Community

Assoc. Fees Include: Gas

Heating & Cooling

Air Conditioning: Yes
Cooling Type: 1 Unit

Utilities

Sewer: Connected
Utility Description: Sewer Connected

Structural Information

Detached/Attached: Detached
Entry Floor Number: 1
Stories/Levels: 1
Square Feet: 800
Year Built: 1942
Other Struct. Feat.: Private Restrooms

Lot Features

Lot Size: 5694
Lot Features: Residential Lot
Zoning: 07 - R-3.5 Residential District

Financial Considerations

Lease Price: $1,500
Assessment Amount: $1,218,100
Tax Amount: $14,238.96
Tenant Pays: All Utilities, Common Area Maintenance, Insurance, Taxes

Disclosures and Reports

Special Conditions: None
Inclusions: Equipment/Fixtures, Lease, Licenses/Permits, Merchandise/Inventory, Name/Trademarks, Tenant Improvements
Disclosures/Reports: See Remarks
Disclosures/Rstr.: See Remarks
Property ID: 1-1-3-007-024-0000

Listed by Forward Realty
Sold by Non-MLS

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— 1323 Gulick Ave —

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(808) 548-2366

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Schools

Schools serving 1323 Gulick Ave

School District:Hawaii Department of Education

Name	Grades	Distance
Kalihi Waena Elementary School 1240 Gulick Avenue, Honolulu, HI 96819	PK-5	0.1 mi
King David Kalakaua Middle School 821 Kalihi Street, Honolulu, HI 96819	6-8	0.5 mi
Governor Wallace Rider Farrington High School 1564 North King Street, Honolulu, HI 96817	9-12	0.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1323 Gulick Ave

Date

Details

Price

Change

Source

8/01/2025

Sold

$75,000

—

MLS

8/31/2024

Price Reduced

$75,000

-21.05%

MLS

6/04/2024

Price Reduced

$95,000

-29.63%

MLS

2/22/2024

Price Reduced

$135,000

-30.77%

MLS

10/17/2023

Price Reduced

$195,000

-48%

MLS

9/27/2023

Price Reduced

$375,000

-21.05%

MLS

8/14/2023

Listed

$475,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1323 Gulick Avenue, Honolulu, HI 96819 (MLS# 202319213) is a Business property that was sold at $75,000 on August 01, 2025. Want to learn more about 1323 Gulick Avenue? Do you have questions about finding other Business real estate for sale in Honolulu? You can browse all Honolulu real estate or contact a Coldwell Banker agent to request more information.

1323 Gulick Ave Honolulu, HI 96819