Kakaako Homes with Leasehold Land tenure

Welcome to Kakaako, a vibrant neighborhood nestled in the heart of Honolulu, Hawaii. This dynamic area is a blend of urban sophistication and island charm, making it one of the most desirable places to call home on Oahu. With its stunning ocean views, eclectic art scene, and proximity to the bustling downtown district, Kakaako offers a lifestyle that is both exciting and serene.

Kakaako is known for its modern high-rise condominiums and chic lofts, many of which feature leasehold land tenure. This unique aspect of property ownership allows residents to enjoy the beauty of Hawaii at a more accessible price point. Leasehold properties can be an excellent option for those looking to invest in the local real estate market without the higher costs associated with freehold land. However, it’s essential for potential buyers to understand the terms of the lease, which typically ranges from 30 to 99 years.

Beyond the homes, Kakaako is a hub of activity, boasting a variety of restaurants, shops, and community parks. The area is also home to the beloved Kakaako Waterfront Park, where residents can enjoy outdoor activities and breathtaking sunsets over the Pacific Ocean. The neighborhood’s vibrant street art and murals add a colorful touch to the urban landscape, making it a favorite spot for both locals and visitors alike.

Whether you’re seeking a contemporary condo with ocean views or a lively community atmosphere, Kakaako has something for everyone. Embrace the island lifestyle in this thriving neighborhood, where modern living meets the spirit of Aloha.

Newest Kakaako Homes with Leasehold Land tenure

$100,000

202612179 MLS ⋅ LH - Leasehold Tenure ⋅ Imperial Plaza BLDG.

High traffic and visibility facing on Cooke Street, in newly developing area of Kakaako. 1st floor at Imperial Plaza which facing Kapiolani Blvd and Cooke street, has many restaurants, cafe, small business offices. Mandarin restaurant is Chinese/Korean Cuisine starting year 2006, capacity 60 guests (customers) with total eleven sitting tables. Guests can use ample commercial parking stall.CAM total about $1,363/month, the restaurant has liquor license. (Class 2 Restaurant/Light)

725 Kapiolani Boulevard Unit C123, Honolulu

Listing courtesy of Starts International HI, Inc..

$185,000

202607072 MLS ⋅ LH - Leasehold Tenure

Turnkey Salon Opportunity: 400 Keawe St #105 Own a thriving business where location meets reputation. This salon is perfectly positioned to capture maximum client traffic in the densely populated Kaka’ako area. High-Traffic Location: Situated in a high-visibility, ground-floor unit at 400 Keawe. Service Excellence: Established reputation for quality, safety, and cleanliness. Turnkey Assets: Sale includes all professional equipment, furniture, and a loyal customer list. An ideal opportunity for an operator who prioritizes service quality and wants to be at the center of Honolulu’s most active business district.

400 Keawe Streets, Honolulu

Listing courtesy of Five Star Realty, Inc..

$1,200

202527621 MLS ⋅ LH - Leasehold Tenure ⋅ Imperial Plaza BLDG.

Calling all CPA's, attorneys, and small office users! Small office condo unit for lease. Space is 256 sq. ft. (16 ft x 16 ft.) and comes with customer parking in common with the other commercial units. Several customers may park at any given time. No additional validation stickers to purchase. Customers get 2 hours free parking with validation stamp from tenant. One parking stall is available for rent at $160/mo. CAM is included in the rent listed. Rent is plus GE tax. Base rent: $2.47/sf/mo. CAM: $2.22/sf/mo., includes RPT.

725 Kapiolani Boulevard Unit C312 For Lease, Honolulu

Listing courtesy of Lau & Associates, LLC.

$80,000

202517557 MLS ⋅ LH - Leasehold Tenure

High traffic and visibility facing on Cooke Street, in newly developing area of Kakaako. Convenience store with liquor. Store on the first floor of an apartment building, and there are only convenience stores around. It is a good opportunity for a family-run business.

630 Cooke Street, Honolulu

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.