Contacts

James M. Brown

Hawaii Commercial Real Estate

Property Details

Property Type Retail
Property Size 2,600 SF
Additional Rent Contact for pricing
Year Built 1921
Year Renovated 1970
Date Updated Oct 27, 2023

Rare opportunity to purchase a leasehold building in the heart of Chinatown! Great owner-user potential with under market rent.

Live upstairs and have your buisness downstairs!

1029 Maunakea Street is a two-story space that is currently home to the iconic Chinese restaurant, Nam Fong, which has been a household name in Hawaii for over 30 years. Sale can include the existing business, recipes, and initial training by the original owner and founder of Nam Fong.

Also available for lease - please see lease listing for details

Investment Highlights

Under Market Rent

$4,229.33/month ground lease rent

Owner-User Opportunity

Second floor can be used for residential or office space

Restaurant Opportunity

Sale can include existing restaurant business

Includes walk in fridge, walk in freezer, and other kitchen appliances such as hoods, range etc.

Prime Location

Ideal location in the center of Chinatown across from Maunakea Marketplace and adjacent to frequently trafficked restaurant and retails businesses

2-Floors

Downstairs: Approx. ~2,000 sq ft with storefront, seating area, full kitchen with ample food cold food storage space and full appliances, 1 bathroom

Upstairs: Approx. ~600 sq ft with large open space, 2 office/bedroom spaces, 1 closet and 1 bathroom

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

98/100
Walk Score ®
78/100
Transit Score ®
57/100
Bike Score ®

Powered by Walk Score ®

Location

City Honolulu, HI
Neighborhood Chinatown
Zip Code 96817
Market Honolulu

Points of Interest

Hālawa / Aloha Stadium

6.12 miles
Kalauao / Pearlridge

7.34 miles
Waiawa / Pearl Highlands

9.53 miles
Hālaulani / Leeward Community College

9.73 miles

Aloha Petroleum

0.50 miles
Texaco

0.65 miles
Costco Gasoline

0.77 miles
Hele

0.77 miles
CGX

0.78 miles
76

0.80 miles
ChargePoint

0.93 miles
Kahala Mall

5.47 miles
Tesla Supercharger

7.03 miles
King Windward Nissan

7.32 miles

Mark's Garage

0.15 miles
Bankoh Parking Center

0.17 miles
Pro Park

0.29 miles
Bishop Square

0.30 miles
Capitol Place Parking Garage

0.34 miles
Hawaii State Capitol Underground Parking

0.51 miles
Student Parking Lot 3

0.60 miles
Staff Parking

0.61 miles
Makai Parking Garage

0.63 miles
Student Parking Lot 7

0.65 miles

Happy Garden

0.01 miles
Scratch Kitchen & Bake Shop

0.03 miles
PHO Vietnam

0.04 miles
The Pig & the Lady

0.04 miles
Senia

0.05 miles
Golden Palace

0.05 miles
Smith & Kings

0.05 miles
Naty's Kitchen

0.06 miles
Lucky Belly

0.06 miles
Chau’s Fresh Fruit

0.07 miles

Ross

0.21 miles
‘Umeke Market & Deli

0.28 miles
Safeway

0.36 miles
Times Supermarket

0.56 miles
Nuuanu Shopping Plaza

0.60 miles
Foodland

0.68 miles
Coast Guard Exchange

0.79 miles
Down To Earth

0.82 miles
H Mart

0.85 miles
Nimitz Center

0.93 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.