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Intelligence for Modern Real Estate

Honolulu Board of REALTORS®. Information herein is deemed reliable but not guaranteed and should be independently verified. Copyright HiCentral MLS, Ltd. Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

3565 Waialae Avenue 108 | $300,000 | Compass
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  3. 3565 Waialae Avenue 108
Exterior2Living Areas3Kitchen2Bedrooms3Bathrooms1Other1

$300,000

Leasehold · ends 2027Leasehold · Lease rent $4,596.67/mo · Lease ends 02/28/2027 (from MLS lease data)Active

3565 Waialae Avenue 108

0

Bathrooms

1969

Year built

BusinessOpportunityBusiness370 days on market

Quick questions for Kai

About this property

Well-established and beloved authentic Japanese restaurant, proudly serving the community since 2000. Situated in the heart of the popular Kaimuki neighborhood, this local favorite has built a strong reputation, attracting a dedicated base of loyal customers. Turn-key, ready for seamless ownership transition. Sale is subject to landlord approval. Lease is NNN, with the listed rent reflecting base ...

Property details

Property typeBusinessOpportunity
Sub-typeBusiness
Land tenureLeasehold · Lease rent $4,596.67/mo · Lease ends 02/28/2027From MLS lease data
Year built1969
Days on market370
Listing key1107615788

Facts and features

Land tenure

Tenure and lease

  • Land tenure: LeaseholdFrom MLS lease data
  • Lease rent: $4,596.67/mo
  • Lease ends: 02/28/2027

Interior

Bedrooms and bathrooms

  • Bathrooms: 0

Features

  • Cooling: OneUnit, CentralAir
  • Interior features: HandicapAccess

Interior area

  • Total structure area: 1,448

Neighborhood

Location and Nearby

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Price History

DateEventPrice$/sqft
Feb 21, 2025Listed$380,000N/A

Source: MLS. Price history may not reflect all events for this property.

Tax History

YearTaxAssessmentLandImprovementsRate
2026$12$1N/AN/A1,200%

Tax data shown is an estimate. Verify with your county assessor for exact figures.

Neighborhood Demographics

Honolulu (ZIP 96816). Source: US Census ACS 2022 5-year estimates.

Median Income

$110,030

Median Age

46.6 years

Population

50.8K

Population by Age Group

Education Levels

Bachelor's
28%
High School
21%
Graduate
18%
Some College
16%
Associate's
11%
No Diploma
6%

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Quick facts

Price
$300,000
Beds / Baths
? bd · 0 ba
Living area
N/A
Type
Business
On market
370 days

Estimated monthly payment

$1,957/mo

Principal and interest$1,557
Property tax$313
Insurance$88

Based on 20% down, a 6.75% rate, and a 30-year fixed loan

No impact to your credit score

Listing courtesy of Nana Thain, Coldwell Banker Comm Realty

Data provided by HICMLS

Last updated Feb 26, 2026

Honolulu Board of REALTORS®

Information herein is deemed reliable but not guaranteed and should be independently verified. Copyright HiCentral MLS, Ltd. Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

$300,000

0

Nearby places for this area are being compiled and will appear here soon.

Walkability

Rural

Large, low-density area. Car-dependent.

Based on 19,711 housing units, 9.6 sq mi, ~2,060 units per sq mi for ZIP 96816. Source: US Census ACS 2022 and Gazetteer.

Listing timeline

Listed for sale

Oct 30, 2025

Original list price: $300,000

First week on market

Nov 6

The property enters the active pool for serious buyers.

Price adjustment

Nov 20

Reduced by $9,000 to $291,000

370 days on market

Today

Extended time on market. The seller may be motivated.

Condominium, at 2450 Prince Edward Street 801A, 0 bd, 1 ba, 286 sqft (photo 1 of 10)
1 / 10
Active
14 photos

$119,000

LH · ends 2033Leasehold · Lease rent $332.91/mo · Lease ends 02/28/2033 (from MLS lease data)
0 bd1 ba286 sqft

2450 Prince Edward Street 801A

Honolulu, HI 96815

Condominium

Listing courtesy of Faith Naluai, LLC

Condominium, at 1556 Piikoi Street 1201, 1 bd, 1 ba, 537 sqft (photo 1 of 10)
1 / 10
Active
16 photos

$379,000

FSFee Simple (from MLS lease data)

Est. $2,472/mo

1 bd1 ba
Condominium, at 987 Queen Street 1903, 1 bd, 1 ba, 473 sqft (photo 1 of 10)
1 / 10
Active
25 photos

$689,000

FSFee Simple (from MLS lease data)

Est. $4,494/mo

1 bd1 ba
Condominium, at 3020 Ala Napuaa Place 802, 2 bd, 2 ba, 901 sqft (photo 1 of 10)
1 / 10
Active
24 photos

$475,000

FSFee Simple (from MLS lease data)

Est. $3,098/mo

2 bd2 ba
Condominium, at 1099 Green Street B411, 2 bd, 1 ba, 633 sqft (photo 1 of 10)
1 / 10
Active
12 photos

$250,000

FSFee Simple (from MLS lease data)

Est. $1,631/mo

2 bd1 ba
Condominium, at 2121 Algaroba Street 1108, 1 bd, 1 ba, 532 sqft (photo 1 of 10)
1 / 10
Active
17 photos

$355,000

FSFee Simple (from MLS lease data)

Est. $2,315/mo

1 bd1 ba

Contact your agent

Jen Suiso Ishii

Jen Suiso Ishii

Realtor

View profile
(808) 722-2341jennifer.ishii@compass.com
537 sqft

1556 Piikoi Street 1201

Honolulu, HI 96822

Condominium

Listing courtesy of AMG Realty Inc

473 sqft

987 Queen Street 1903

Honolulu, HI 96814

Condominium

Listing courtesy of Locations LLC

901 sqft

3020 Ala Napuaa Place 802

Honolulu, HI 96818

Condominium

Listing courtesy of Coldwell Banker Realty

633 sqft

1099 Green Street B411

Honolulu, HI 96822

Condominium

Listing courtesy of eXp Realty

532 sqft

2121 Algaroba Street 1108

Honolulu, HI 96826

Condominium

Listing courtesy of Coldwell Banker Realty