Aiea Homes with Leasehold Land tenure

Welcome to Aiea, a charming neighborhood nestled in the heart of Oahu, Hawaii. Known for its lush landscapes and vibrant community, Aiea offers a unique blend of suburban tranquility and island living. With stunning views of the surrounding mountains and proximity to the sparkling waters of Pearl Harbor, Aiea is a hidden gem that captures the essence of Hawaiian life.

Aiea is steeped in history and culture, with a rich tapestry of local shops, eateries, and parks. The renowned Aiea Shopping Center is a hub of activity, featuring a variety of dining options and retail stores, making it a perfect spot for a leisurely afternoon. Outdoor enthusiasts will appreciate the numerous hiking trails and parks, including the scenic Aiea Loop Trail, which offers breathtaking views of the island's natural beauty.

One of the unique aspects of Aiea's real estate landscape is the availability of homes with leasehold land tenure. This means that while you can own the home, the land it sits on is leased, typically for a period of 30 to 99 years. This can often make homes in Aiea more affordable compared to fee-simple properties, allowing you to invest in a beautiful slice of paradise without breaking the bank.

Whether you’re looking for a cozy family home or a charming condo with ocean views, Aiea has something for everyone. With its welcoming community and picturesque surroundings, Aiea is not just a place to live; it’s a lifestyle waiting to be embraced. Come explore the possibilities and discover your dream home in this enchanting neighborhood!

Newest Aiea Homes with Leasehold Land tenure

$65,000

202614451 MLS ⋅ LH - Leasehold Tenure

Turnkey opportunity to own a popular and growing dessert concept in Aiea—Frost City, located in the highly desirable Aiea Town Square. Known for its signature Taiwanese-style “snow ice” desserts, refreshing bubble teas, smoothies, and unique hot dessert offerings. Ideally positioned in a high-traffic retail center with excellent visibility and convenient access. The space features a clean, modern, and inviting dining area with ample seating, bright natural light from large storefront windows, and a welcoming ambiance that encourages dine-in customers and social engagement. The built-out kitchen is efficiently designed and equipped with specialized dessert equipment, prep stations, refrigeration, private restroom, and storage areas, allowing for seamless operations. A unique customer experience element—such as the in-store claw machine—adds to the brand’s fun, family-friendly appeal and repeat customer traffic. With established branding, proven concept, and strong operational setup, this is an excellent opportunity for an owner-operator or investor to step into a fully operational business with growth potential.

99-080 Kauhale Street Unit B-4, Aiea

Listing courtesy of Five Star Realty, Inc..

$120,000

202614311 MLS ⋅ LH - Leasehold Tenure

Turnkey restaurant opportunity located in the highly trafficked Pearlridge Mauka Food Court. The lease assignment offers an excellent opportunity for a well-seasoned food operator to establish a presence in one of Oahu's premier regional shopping centers. The space is fully improved for restaurant use and includes an existing commercial kitchen with an exhaust hood and grease trap. The sale includes the existing Furniture, Fixtures & Equipment (FF&E), providing a streamlined transition for the new tenant. Confidential sale do not disturb the employees, owner or customers. Lease assignment subject to Landlord approval.

98-129 Kaonohi Street, Aiea

Listing courtesy of Coldwell Banker Comm Realty.

$400,000

202606872 MLS ⋅ LH - Leasehold Tenure

Great opportunity to get into Pearlridge Center - Downtown where the movie theater is located. This unit is on the second level just across the escalators to the movie theater. This business sells cosmetic and skin care products. Lots of great restaurants and business to attract many patrons and many parking spaces. Second floor addition for office and storage space approximately 200 sq. ft. built.

98-1005 Moanalua Road Unit 2204, Aiea

Listing courtesy of Kwang Suk Tabbal.

$195,000

202505497 MLS ⋅ LH - Leasehold Tenure

Your opportunity to purchase a turn-key restaurant in popular Pearlridge Shopping Center. Ample parking and steady foot traffic. Premium include FF&E. Subject to Landlord's approval. Poke & Bento-ya is located on the third floor of the Pearlridge Wai Makai food court, adjacent to the movie theaters. The business opened in 2018 and serves fresh sushi, sashimi, maubies, bentos, poke bowls, and salads. The spacious kitchen includes two separate cooking areas with hoods. The kitchen is connected to a centralized grease interceptor and includes several refrigerators, freezers, sinks, and preparation tables. The lease rent is included Cam.

98-1005 Moanalua Road Unit 614, Aiea

Listing courtesy of Green Tree Realty.

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Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.