Listed by Kynan Pang of Excel Commercial Realty LLC
An exceptional redevelopment opportunity to acquire the Tong Fat Co. building at 425 N. King Street, located just west of Honolulu's Central Business District and Chinatown. Offered at $13,500,000, the property occupies approximately 32,526 square feet of BMX-3 zoned land with 29,568 square feet of existing building area. The current improvements comprise 10 retail spaces, 42 rooming units, and 14 two-bedroom/one-bathroom apartments, complemented by 38 parking stalls. The opportunity aligns with the broader vision of the City and County of Honolulu's ongoing Kuwili Station Transit-Oriented Development Redevelopment Area Master Planning initiative, which seeks to advance a connected, mixed-use district through coordinated housing, transportation, infrastructure, and public space improvements. With its substantial land area, proximity to planned rail transit, and convenient access to Downtown Honolulu and Chinatown, the Tong Fat Co. building presents an opportunity to participate in the long-term transformation of the Iwilei-Kuwili neighborhood.

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"Based on information submitted to HiCentral MLS as of November 11, 2026 9:49 AM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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