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2080 Kalakaua Ave - King Kalakaua Plaza - Marriott Vacation Club 62,697 SF Retail Condo Unit Offered at $52,760,784 CAD in Honolulu, HI 96815
Investment Highlights
- The property features rare fee simple ownership in the core of Waikiki, one of the world’s most supply-constrained resort markets.
- Direct access connects the garage to surrounding retail, restaurants, and hospitality destinations.
- Limited alternative parking supply in Waikiki supports strong utilization and long-term income stability.
- Located within King Kalakaua Plaza at the Marriott Vacation Club Waikiki, providing built-in parking demand.
- Positioned along Kalakaua Avenue, the property benefits from exceptional visibility and year-round tourism traffic.
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- Parking Agreements
- Financials
- Real Property Tax
- Title
1 Unit Available
Unit B1-B2
| Unit Size | 62,697 SF | Condo Use | Retail |
| Price | $52,760,784 CAD | Sale Type | Investment |
| Price Per SF | $841.52 CAD | No. Parking Spaces | 201 |
| Unit Size | 62,697 SF |
| Price | $52,760,784 CAD |
| Price Per SF | $841.52 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| No. Parking Spaces | 201 |
Description
The King Kalakaua Plaza Parking Condominium is a rare, fee simple parking asset located within the redeveloped Marriott Vacation Club Waikiki along Kalakaua Avenue. The two-level subterranean garage contains 201 parking stalls with an additional 35 potential valet spaces and is accessed via a controlled ingress and egress from Kalaimoku Street. Recent renovations include modern parking software, QR-code ticketing, upgraded LED lighting, improved ventilation, and valet interconnectivity. Direct pedestrian access to surrounding retail, restaurants, and hospitality uses provides built-in demand in one of Waikiki’s most supply-constrained submarkets.
Sale Notes
King Kalakaua Plaza Parking Condominium offers an exceptionally rare opportunity to acquire a modernized, fee simple parking asset in the heart of Waikiki. Located within the newly redeveloped King Kalakaua Plaza at the Marriott Vacation Club Waikiki, the two-level subterranean garage benefits from direct pedestrian access to surrounding retail, hospitality, and resort uses along world-renowned Kalakaua Avenue. The property features controlled ingress and egress from Kalaimoku Street, providing efficient circulation and operational control. Comprehensive renovations have transformed the garage into a secure, well-lit, income-oriented facility with upgraded parking software, QR-code access, valet connectivity, and new LED lighting. Waikiki’s dense hospitality environment, limited parking supply, and high barriers to entry support consistent demand and long-term value. With built-in usage from hotel guests, retailers, and visitors, this asset presents a compelling opportunity for investors seeking durable income and appreciation in one of the most supply-constrained resort markets in the United States.
Interior Photo
Interior Photo
Interior Photo
Property Facts
| Total Building Size | 147,615 SF | Floors | 7 |
| Property Type | Hospitality (Condo) | Typical Floor Size | 13,116 SF |
| Property Subtype | Hotel | Year Built | 2024 |
| Building Class | B | Lot Size | 1.07 AC |
| Zoning | ResMix | ||
| Total Building Size | 147,615 SF |
| Property Type | Hospitality (Condo) |
| Property Subtype | Hotel |
| Building Class | B |
| Floors | 7 |
| Typical Floor Size | 13,116 SF |
| Year Built | 2024 |
| Lot Size | 1.07 AC |
| Zoning | ResMix |
Amenities
- Balcony
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 110 | $704.39 CAD | - |
Contacts
-
Andrew Starn -
Steve Sombrero -
Kohei Hakamada -
Cushman & Wakefield Chaney Brooks
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2080 Kalakaua Ave - King Kalakaua Plaza - Marriott Vacation Club
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