Skip to main content
Compass logoCompass
HomeFavoritesHelpAbout
SavedSign in
Powered byHaleAI
Kai

Kai

Compass

Powered by HaleAI. Kai may make mistakes.

SearchFavoritesAccount
Compass logoCompass
ListingsFavoritesSign upHelpLegalPrivacyTermsAccessibility
Powered byHaleAI

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.

3221 Waialae Street B5 | $240,000 | Compass
  1. All listings
  2. /
  3. 3221 Waialae Street B5
Exterior2Living Areas2Kitchen3Bedrooms2Bathrooms1Other1

$240,000

Leasehold · ends 2030Leasehold · Lease rent $7,395.58/mo · Lease ends 09/30/2030Active

3221 Waialae Street B5

0

Bathrooms

BusinessOpportunityBusiness28 days on market

Quick questions for Kai

About this property

Excellent opportunity to own Fairwood Drive Inn & Pho 27, an established restaurant in the heart of Kaimuki! Offering over 3,008 sq. ft., this spacious, fully equipped restaurant features a large dining area, modern renovations, and a well-designed layout ready for a new owner. Located in a busy neighborhood shopping center with excellent visibility, convenient access, and customer parking. The cu...

Property details

Property typeBusinessOpportunity
Sub-typeBusiness
Land tenureLeasehold · Lease rent $7,395.58/mo · Lease ends 09/30/2030
Days on market28
Listing key1190883990

Facts and features

Land tenure

Tenure and lease

  • Land tenure: Leasehold
  • Lease rent: $7,395.58/mo
  • Lease ends: 09/30/2030

Interior

Bedrooms and bathrooms

  • Bathrooms: 0

Features

  • Cooling: CentralAir

Interior area

  • Total structure area: 3,008

Neighborhood

Location and Nearby

Loading nearby places

Commute Calculator

Enter your work address to see real driving, transit, and bike times from this property.

Price History

DateEventPrice$/sqft
Sep 18, 2026Listed$300,000N/A

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

Tax History

YearTaxAssessmentLandImprovementsRate
2026$458,406$38,251,700N/AN/A1.2%

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%

Schedule a showing

Want to schedule a showing? Chat with Kai for a faster answer.

or use the form

Schedule a showing

Preferred date

Preferred time

Similar listings

Kai

Ask Kai

Your AI teammate. Always here.

Compass

Or use the form

Want to schedule a showing? Chat with Kai for a faster answer.

or use the form

Schedule a showing

Preferred date

Preferred time

Quick facts

Price
$240,000
Beds / Baths
? bd · 0 ba
Living area
N/A
Type
Business
On market
28 days

Estimated monthly payment

$1,565/mo

Principal and interest$1,245
Property tax$250
Insurance$70

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

No impact to your credit score

Listing courtesy of Xiudan Su, Five Star Realty, Inc.

Data provided by HICMLS

Last updated Oct 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.

$240,000

0

Grocery

Restaurants and cafes

Shopping

Schools

Parks and recreation

Transit

Healthcare

Tap a place for details and directions.Google Maps

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 8, 2026

Original list price: $240,000

First week on market

Oct 15

The property enters the active pool for serious buyers.

28 days on market

Today

Approaching the average days on market. There may be room to negotiate.

SingleFamilyResidence, at 480 Kuliouou Road, 4 bd, 3 ba, 1,771 sqft (photo 1 of 10)
1 / 10
Active
25 photos

$1,199,000

FSFee Simple
4 bd3 ba1,771 sqft

480 Kuliouou Road

Honolulu, HI 96821

SingleFamilyResidence

Listing courtesy of The Realty Company LLC

Condominium, at 85-175 Farrington Highway A434, 1 bd, 1 ba, 412 sqft (photo 1 of 10)
1 / 10
Active
18 photos

$179,000

FSFee Simple

Est. $1,167/mo

1 bd1 ba
Condominium, at 1888 Kalakaua Avenue 1006, 1 bd, 1 ba, 799 sqft (photo 1 of 10)
1 / 10
Active
11 photos
1 day

$598,000

FSFee Simple

Est. $3,900/mo

1 bd
Condominium, at 425 Ena Road C/1205, 1 bd, 1 ba, 500 sqft (photo 1 of 10)
1 / 10
Active
17 photos

$87,900

LH · ends 2048Leasehold · Lease rent $634.09/mo · Lease ends 01/01/2048

Est. $573/mo

1 bd1 ba
Condominium, at 1388 Ala Moana Boulevard 5305, 3 bd, 4 ba, 2,648 sqft (photo 1 of 10)
1 / 10
Active
25 photos

$9,500,000

FSFee Simple

Est. $61,960/mo

3 bd4 ba
SingleFamilyResidence, at 2124 Eheu Street, 4 bd, 5 ba, 2,749 sqft (photo 1 of 10)
1 / 10
Active
25 photos

$1,650,000

FSFee Simple
4 bd5 ba

Contact your agent

Jen Suiso Ishii

Jen Suiso Ishii

Realtor

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

85-175 Farrington Highway A434

Waianae, HI 96792

Condominium

Listing courtesy of Foster Realty, Inc.

1 ba
799 sqft

1888 Kalakaua Avenue 1006

Honolulu, HI 96815

Condominium

Listing courtesy of RE/MAX Honolulu

500 sqft

425 Ena Road C/1205

Honolulu, HI 96815

Condominium

Listing courtesy of Hawaii Life

2,648 sqft

1388 Ala Moana Boulevard 5305

Honolulu, HI 96814

Condominium

Listing courtesy of Coldwell Banker Realty

2,749 sqft

2124 Eheu Street

Honolulu, HI 96817

SingleFamilyResidence

Listing courtesy of KMJ Realty LLC