Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
0 Baths
29,568 sqft

$13,500,000

425 N King Street, Honolulu HI, 96817

Price per sqft$456.57
Built in1921
Property size29,568 sqft
Property typeMulti-family

Overview

Active

Listed Nov 10, 2026

Updated 16h ago

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.

$89,816/mo

Est. mortgage payment based on a $13,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$93,396
Tax Frequency
Annually
MLS provider logo

 

Courtesy of Excel Commercial Realty LLC, Kynan Pang

Listing Contact: (808) 225-8776 

Based on information from the Multiple Listing Service of HI - Honolulu Board of REALTORS® / HiCentral (HBR) listings last updated on 11/10/2026 8:14 PM UTC. Information is deemed reliable but not guaranteed. Copyright: 2026 by the Honolulu Board of REALTORS®/ HICentral. Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require the use of other disclaimers as necessary to protect participants and/or the MLS from liability.

©2026 Honolulu Board of REALTORS®/ HICentral. All rights reserved. 

Data last updated 8:14 PM UTC, 11/10/2026

Powered by Luxury Presence