1104 Palama Street Honolulu, HI 96817

Listing
Overview

Price: $1,500,000
Area: KAPALAMA
Status: Active

Mixed-use investment opportunity in Kalihi featuring two buildings and nine residential rooms. The ground floor commercial unit has a CUP in place with roll-up door access and direct street frontage — suitable for retail, grocery, or light industrial use. Building B is currently occupied generating $4,000/month. Building A is actively under renovation. Priced at $1,500,000 with a stabilized cap rate of 7.8–9.0%. The surrounding Kalihi corridor has strong long-term redevelopment fundamentals. Conditional Use Permit (CUP) — Protected Commercial Use The commercial unit carries a CUP, securing its legal commercial operating status within the R-5 residential zone. This rare entitlement protects lender and tenant confidence and is a meaningful differentiator at this price point. Listing by: Fogarty Realty, Inc. (808) 388-5411

array(45) {
  ["MLSNumber"]=>
  array(1) {
    [0]=>
    string(9) "202612167"
  }
  ["StreetNumber"]=>
  array(1) {
    [0]=>
    string(4) "1104"
  }
  ["PropertyType"]=>
  array(1) {
    [0]=>
    string(13) "Single Family"
  }
  ["StreetName"]=>
  array(1) {
    [0]=>
    string(6) "Palama"
  }
  ["StreetSuffix"]=>
  array(1) {
    [0]=>
    string(6) "Street"
  }
  ["UnitNumber"]=>
  array(1) {
    [0]=>
    string(0) ""
  }
  ["City"]=>
  array(1) {
    [0]=>
    string(8) "Honolulu"
  }
  ["StateOrProvince"]=>
  array(1) {
    [0]=>
    string(2) "HI"
  }
  ["PostalCode"]=>
  array(1) {
    [0]=>
    string(5) "96817"
  }
  ["VirtualTourURLUnbranded"]=>
  array(1) {
    [0]=>
    string(0) ""
  }
  ["ListPrice"]=>
  array(1) {
    [0]=>
    string(10) "1500000.00"
  }
  ["Neighbourhood"]=>
  array(1) {
    [0]=>
    string(8) "KAPALAMA"
  }
  ["Status"]=>
  array(1) {
    [0]=>
    string(6) "Active"
  }
  ["PublicRemarks"]=>
  array(1) {
    [0]=>
    string(795) "Mixed-use investment opportunity in Kalihi featuring two buildings and nine residential rooms. The ground floor commercial unit has a CUP in place with roll-up door access and direct street frontage — suitable for retail, grocery, or light industrial use. Building B is currently occupied generating $4,000/month. Building A is actively under renovation. Priced at $1,500,000 with a stabilized cap rate of 7.8–9.0%. The surrounding Kalihi corridor has strong long-term redevelopment fundamentals.

Conditional Use Permit (CUP) — Protected Commercial Use
The commercial unit carries a CUP, securing its legal commercial operating status within the R-5 residential
zone. This rare entitlement protects lender and tenant confidence and is a meaningful differentiator at this price
point."
  }
  ["ListOfficeName"]=>
  array(1) {
    [0]=>
    string(20) "Fogarty Realty, Inc."
  }
  ["BedsTotal"]=>
  array(1) {
    [0]=>
    string(1) "5"
  }
  ["BathsFull"]=>
  array(1) {
    [0]=>
    string(1) "2"
  }
  ["BathsHalf"]=>
  array(1) {
    [0]=>
    string(1) "0"
  }
  ["LotSizeArea"]=>
  array(1) {
    [0]=>
    string(7) "3849.00"
  }
  ["SqftTotal"]=>
  array(1) {
    [0]=>
    string(4) "3296"
  }
  ["YearBuilt"]=>
  array(1) {
    [0]=>
    string(4) "1905"
  }
  ["BuildingName"]=>
  array(1) {
    [0]=>
    string(0) ""
  }
  ["PropertyCondition"]=>
  array(1) {
    [0]=>
    string(7) "Average"
  }
  ["ParkingTotal"]=>
  array(1) {
    [0]=>
    string(1) "4"
  }
  ["StoriesType"]=>
  array(1) {
    [0]=>
    string(3) "Two"
  }
  ["View"]=>
  array(1) {
    [0]=>
    string(4) "City"
  }
  ["MaintenanceExpense"]=>
  array(1) {
    [0]=>
    string(0) ""
  }
  ["LandTenure"]=>
  array(1) {
    [0]=>
    string(15) "FS - Fee Simple"
  }
  ["ElementarySchool"]=>
  array(1) {
    [0]=>
    string(0) ""
  }
  ["MiddleOrJuniorSchool"]=>
  array(1) {
    [0]=>
    string(0) ""
  }
  ["HighSchool"]=>
  array(1) {
    [0]=>
    string(0) ""
  }
  ["ListOfficeMLSID"]=>
  array(1) {
    [0]=>
    string(4) "FOGA"
  }
  ["ListAgentEmail"]=>
  array(1) {
    [0]=>
    string(18) "mike2344@gmail.com"
  }
  ["ListAgentDirectWorkPhone"]=>
  array(1) {
    [0]=>
    string(14) "(808) 388-5411"
  }
  ["ListAgentFullName"]=>
  array(1) {
    [0]=>
    string(19) "Mike Tavepholjalern"
  }
  ["CloseDate"]=>
  array(1) {
    [0]=>
    string(0) ""
  }
  ["Matrix_Unique_ID"]=>
  array(1) {
    [0]=>
    string(8) "19536172"
  }
  ["MatrixModifiedDT"]=>
  array(1) {
    [0]=>
    string(23) "2026-06-26T04:47:52.267"
  }
  ["ListingContractDate"]=>
  array(1) {
    [0]=>
    string(10) "2026-06-26"
  }
  ["MLSAreaMajor"]=>
  array(1) {
    [0]=>
    string(5) "Metro"
  }
  ["PropertyFrontage"]=>
  array(1) {
    [0]=>
    string(5) "Other"
  }
  ["ExemptListingEntryTimestamp"]=>
  array(1) {
    [0]=>
    string(0) ""
  }
  ["MatrixModifiedTime"]=>
  array(1) {
    [0]=>
    string(12) "04:47:52.267"
  }
  ["_thumbnail_id"]=>
  array(1) {
    [0]=>
    string(8) "27436609"
  }
  ["listing_image"]=>
  array(8) {
    [0]=>
    string(8) "27436609"
    [1]=>
    string(8) "27436610"
    [2]=>
    string(8) "27436611"
    [3]=>
    string(8) "27436612"
    [4]=>
    string(8) "27436613"
    [5]=>
    string(8) "27436614"
    [6]=>
    string(8) "27436615"
    [7]=>
    string(8) "27436616"
  }
}
Array
(
    [MLSNumber] => Array
        (
            [0] => 202612167
        )

    [StreetNumber] => Array
        (
            [0] => 1104
        )

    [PropertyType] => Array
        (
            [0] => Single Family
        )

    [StreetName] => Array
        (
            [0] => Palama
        )

    [StreetSuffix] => Array
        (
            [0] => Street
        )

    [UnitNumber] => Array
        (
            [0] => 
        )

    [City] => Array
        (
            [0] => Honolulu
        )

    [StateOrProvince] => Array
        (
            [0] => HI
        )

    [PostalCode] => Array
        (
            [0] => 96817
        )

    [VirtualTourURLUnbranded] => Array
        (
            [0] => 
        )

    [ListPrice] => Array
        (
            [0] => 1500000.00
        )

    [Neighbourhood] => Array
        (
            [0] => KAPALAMA
        )

    [Status] => Array
        (
            [0] => Active
        )

    [PublicRemarks] => Array
        (
            [0] => Mixed-use investment opportunity in Kalihi featuring two buildings and nine residential rooms. The ground floor commercial unit has a CUP in place with roll-up door access and direct street frontage — suitable for retail, grocery, or light industrial use. Building B is currently occupied generating $4,000/month. Building A is actively under renovation. Priced at $1,500,000 with a stabilized cap rate of 7.8–9.0%. The surrounding Kalihi corridor has strong long-term redevelopment fundamentals.

Conditional Use Permit (CUP) — Protected Commercial Use
The commercial unit carries a CUP, securing its legal commercial operating status within the R-5 residential
zone. This rare entitlement protects lender and tenant confidence and is a meaningful differentiator at this price
point.
        )

    [ListOfficeName] => Array
        (
            [0] => Fogarty Realty, Inc.
        )

    [BedsTotal] => Array
        (
            [0] => 5
        )

    [BathsFull] => Array
        (
            [0] => 2
        )

    [BathsHalf] => Array
        (
            [0] => 0
        )

    [LotSizeArea] => Array
        (
            [0] => 3849.00
        )

    [SqftTotal] => Array
        (
            [0] => 3296
        )

    [YearBuilt] => Array
        (
            [0] => 1905
        )

    [BuildingName] => Array
        (
            [0] => 
        )

    [PropertyCondition] => Array
        (
            [0] => Average
        )

    [ParkingTotal] => Array
        (
            [0] => 4
        )

    [StoriesType] => Array
        (
            [0] => Two
        )

    [View] => Array
        (
            [0] => City
        )

    [MaintenanceExpense] => Array
        (
            [0] => 
        )

    [LandTenure] => Array
        (
            [0] => FS - Fee Simple
        )

    [ElementarySchool] => Array
        (
            [0] => 
        )

    [MiddleOrJuniorSchool] => Array
        (
            [0] => 
        )

    [HighSchool] => Array
        (
            [0] => 
        )

    [ListOfficeMLSID] => Array
        (
            [0] => FOGA
        )

    [ListAgentEmail] => Array
        (
            [0] => mike2344@gmail.com
        )

    [ListAgentDirectWorkPhone] => Array
        (
            [0] => (808) 388-5411
        )

    [ListAgentFullName] => Array
        (
            [0] => Mike Tavepholjalern
        )

    [CloseDate] => Array
        (
            [0] => 
        )

    [Matrix_Unique_ID] => Array
        (
            [0] => 19536172
        )

    [MatrixModifiedDT] => Array
        (
            [0] => 2026-06-26T04:47:52.267
        )

    [ListingContractDate] => Array
        (
            [0] => 2026-06-26
        )

    [MLSAreaMajor] => Array
        (
            [0] => Metro
        )

    [PropertyFrontage] => Array
        (
            [0] => Other
        )

    [ExemptListingEntryTimestamp] => Array
        (
            [0] => 
        )

    [MatrixModifiedTime] => Array
        (
            [0] => 04:47:52.267
        )

    [_thumbnail_id] => Array
        (
            [0] => 27436609
        )

    [listing_image] => Array
        (
            [0] => 27436609
            [1] => 27436610
            [2] => 27436611
            [3] => 27436612
            [4] => 27436613
            [5] => 27436614
            [6] => 27436615
            [7] => 27436616
        )

)

  • BedsTotal: 5
  • Full Baths: 2
  • Land Area (sf): 3,849 sf
  • Living (sf): 3,296
  • Year Built: 1905

  • Property Condition: Average
  • Number of Parking Spaces: 4
  • View: City
  • Listing Office: Fogarty Realty, Inc.

  • Land Tenure: FS - Fee Simple

CONTACT US

Marcus Realty

#RB-7120
info@marcushawaii.com
(808)839-7446

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. listings last updated on June 26, 2026 - 4:47 AM Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.

© Marcus Realty. All Rights Reserved.