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$10,500,000 Just Listed
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Property Description
Value-add, multi-tenant retail center in beautiful Waimanalo. Sale includes both TMK 1-4-1-009: 275 & 278. Two contiguous fee simple parcels (~ 2.2 acres) currently under a Master Ground Lease that will expire on 12/14/2026. Approximately 36,000 square feet of leasable area including 6,300 sq. ft. of second floor offices and 95 parking stalls. Approximately 65% occupied. Call Listor for more info. Buyer to do their own due diligence and verify all information. Please do not disturb the tenants.
Full Property Details
Full Property Details for 41-1537 Kalanianaole Hwy
General
- Price: $10,500,000
- Taxes: $111,183
- Status: Active
- Type: Retail
- Source: Honolulu_Board_Of_Realtors
- MLS ID: 202606637
- Updated: 4/1/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Mixed, Retail, See Remarks
Rental Information
- Lease Info: See Remarks
Interior
- Flooring: Other
Additional Information
- Security/Safety: Fire Sprinkler System
Parking
- Parking Features: On Site
Location
- Area: Kailua
- County: Oahu
- Subdivision: WAIMANALO
- Building Name: None
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: 1 Unit
Utilities
- Sewer: Connected
- Utility Description: Electricity Available, Natural Gas Available, Sewer Connected
Structural Information
- Detached/Attached: Detached
- Construction: Wood Frame
- Stories/Levels: 2
- Square Feet: 35,809
- Current Bldg. Use: Mixed Use
- Year Built: 1983
- Property Condition: Average Condition
Lot Features
- Lot Size: 95322
- Frontage: City Street
- Zoning: 31 - B-1 Neighborhood Business
Financial Considerations
- Assessment Amount: $8,966,400
- Tax Amount: $111,183.36
- Tenant Pays: Common Area Maintenance, Electricity, Gas, HVAC Maintenance, Insurance, Other Tax, Taxes, Trash Collection, Water
Disclosures and Reports
- Special Conditions: None
- Disclosures/Reports: See Remarks
- Disclosures/Rstr.: See Remarks
- Property ID: 1-4-1-009-275-0000
Listed by Marcus Realty
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Price & Sales History for 41-1537 Kalanianaole Hwy
Date
Details
Price
Change
Source
3/31/2026
Listed
$10,500,000
—
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 41-1537 Kalanianaole Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$75,129
-5%
$6,888,800
—
2023
$78,767
1%
$6,858,100
—
2022
$78,075
-1%
$6,835,100
1%
2021
$78,823
—
$6,769,800
6%
2021
$78,823
—
$6,356,700
-2%
2021
$78,823
8%
$6,465,500
119%
2018
$73,113
88%
$2,948,100
-6%
2017
$38,889
10%
$3,136,200
10%
2016
$35,437
5%
$2,857,800
5%
2015
$33,695
-31%
$2,717,300
-31%
2019
$48,975
50%
$3,949,600
51%
2013
$32,683
—
$2,619,200
—
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 41-1537 Kalanianaole Hwy
41-1537 Kalanianaole Highway, Waimanalo, HI 96795 (MLS# 202606637) is a Retail property. 41-1537 Kalanianaole Highway is currently listed for $10,500,000 and was received on March 31, 2026. Want to learn more about 41-1537 Kalanianaole Highway? Do you have questions about finding other Retail real estate for sale in Waimanalo? You can browse all Waimanalo real estate or contact a Coldwell Banker agent to request more information.

