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$16,100,000
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Property Description
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.
Full Property Details
Full Property Details for 1520 Liliha St
General
- Price: $16,100,000
- Taxes: $145,584
- Status: Active
- Type: Office
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202516308
- Updated: 4/1/2026
- Added to Site: 269 day(s) ago
Business
- Business Type: Mixed, Professional/Office
- Year Established: 1979
Rental Information
- Lease Info: NNN
Interior
- Interior Features: Handicap Access
- Flooring: Concrete, Other
Additional Information
- Security/Safety: Security Service
Parking
- Parking Features: Assigned, On Site, Unassigned
Location
- Area: Metro
- County: Oahu
- Subdivision: LILIHA
School Information
- Elementary School: Kaiulani
- Middle School: Kawananakoa
- 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: Block, Concrete
- Stories/Levels: 7
- Square Feet: 40,296
- Current Bldg. Use: Mixed Use
- Year Built: 1979
- Property Condition: Good Condition
Lot Features
- Lot Size: 53387
- Frontage: City Street
- Zoning: 05 - R-5 Residential District
Financial Considerations
- Assessment Amount: $11,971,700
- Tax Amount: $145,584
- Tenant Pays: Common Area Maintenance, Electricity, Insurance, Other, Other Tax, Taxes, Trash Collection, Water
Disclosures and Reports
- Special Conditions: None
- Land Tenure: Fee Simple
- Property ID: 1-1-7-033-005-0000
Listed by Standard Management LLC
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Schools
Schools serving 1520 Liliha St
School District:Hawaii Department of Education
| Name | Grades | Distance |
|---|---|---|
Princess Miriam K Likelike Elementary School 1618 Palama Street, Honolulu, HI 96817 | PK-5 | 0.3 mi |
Princess Ruth Keelikolani Middle School 1302 Queen Emma Street, Honolulu, HI 96813 | 6-8 | 0.7 mi |
President William Mckinley High School 1039 South King Street, Honolulu, HI 96814 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1520 Liliha St
Date
Details
Price
Change
Source
7/17/2025
Listed
$16,100,000
—
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 1520 Liliha St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$144,982
—
$11,971,700
2%
2023
$144,801
-18%
$11,692,100
—
2022
$176,293
30%
$11,677,500
-18%
2022
$135,936
-25%
$14,217,200
-3%
2021
$181,204
—
$14,613,200
—
2021
$181,204
7%
$14,683,900
8%
2018
$168,946
13%
$13,624,700
13%
2017
$149,437
2%
$12,051,400
2%
2016
$146,313
-17%
$11,799,400
-17%
2019
$176,147
27%
$14,205,400
27%
2015
$138,736
—
$11,188,400
—
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 1520 Liliha St
1520 Liliha Street, Honolulu, HI 96817 (MLS# 202516308) is a Office property. 1520 Liliha Street is currently listed for $16,100,000 and was received on July 17, 2025. Want to learn more about 1520 Liliha 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.

