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The Eight Fifty Building 249 Merchant St 21,832 SF 37% Leased Office Building Honolulu, HI 96813 For Sale
INVESTMENT HIGHLIGHTS
- PRIME LOCATION in downtown Honolulu
- INVESTOR OPPORTUNITY to lease up vacancy and/or convert to residential
- SECURED BUILDING including key fob access by floor
- OWNER-USER OPPORTUNITY to occupy some or all of the 10,000 sf of vacancy
- BMX zoning allows for office, retail and residential use
- CONSOLIDATE THREE PARCELS by acquiring the neighboring properties to create one of the few developable properties remaining in downtown Honolulu
EXECUTIVE SUMMARY
850 Richards St. is a seven-story boutique office building featuring two ground floor retail spaces and 4 full floor office spaces and 2 multi-tenant floors including a unit that could be rented as a 2 BR residential loft. The property is ideal for an owner-user who could lease the currently vacant spaces which include the entire 2nd and 7th floors and collect income from the existing tenant base. This could also be an excellent long term, multi-tenant investment property. Alternatively, the BMX- zoning also allows for residential use for some or all of the property. The neighboring two office buildings, 233 Merchant Street and 239 Richards Street, are also for sale, which may be purchased together or separately. They offer an investor up to 10,896 sf of BMX-4 land area for a potential long-term redevelopment of the area.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
21,832 SF
Building Class
B
Year Built
1955
Percent Leased
37%
Tenancy
Multiple
Building Height
7 Stories
Typical Floor Size
3,119 SF
Slab To Slab
10’
Building FAR
5.01
Lot Size
0.10 AC
Zoning
BMX-4 - BMX stands for "Business Mixed Use" and allows for office, retail and residential uses.
Parking
8 Spaces (0.37 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Controlled Access
- Convenience Store
- Signage
- Kitchen
- High Ceilings
- Open-Plan
- Partitioned Offices
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Ground Floor Retail/Office Space with street frontage on the corner of Merchant and Richards streets with open layout
Prime Office layout, perfect for a lawyer!
Ready-to-Occupy! Open Layout
Ready to Move in. 2 Private offices with bathroom and shower.
Private office perfect for a startup business!
This space is perfect for a small business looking for new space! Turnkey with unbeatable views!
Private penthouse
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 100 | 2,435 SF | Office/Retail | Full Build-Out | Now |
| 2nd Fl-Ste 200 | 3,457 SF | Office | Full Build-Out | Now |
| 5th Fl-Ste 500 | 660 SF | Office | Full Build-Out | Now |
| 5th Fl-Ste 503 | 1,386 SF | Office | Full Build-Out | Now |
| 5th Fl-Ste 508 | 324 SF | Office | Full Build-Out | Now |
| 5th Fl-Ste 509 | 398 SF | Office | Full Build-Out | Now |
| 6th Fl-Ste 600 | 660 SF | Office | Full Build-Out | Now |
| 6th Fl-Ste 601 | 717 SF | Office | Full Build-Out | Now |
| 6th Fl-Ste 603 | 1,810 SF | Office | Full Build-Out | Now |
| 7th Fl-Ste PH 700 | 1,885 SF | Office | Full Build-Out | Now |
1st Fl-Ste 100
| Size |
| 2,435 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 200
| Size |
| 3,457 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
5th Fl-Ste 500
| Size |
| 660 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
5th Fl-Ste 503
| Size |
| 1,386 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
5th Fl-Ste 508
| Size |
| 324 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
5th Fl-Ste 509
| Size |
| 398 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
6th Fl-Ste 600
| Size |
| 660 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
6th Fl-Ste 601
| Size |
| 717 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
6th Fl-Ste 603
| Size |
| 1,810 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
7th Fl-Ste PH 700
| Size |
| 1,885 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 100
| Size | 2,435 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
Ground Floor Retail/Office Space with street frontage on the corner of Merchant and Richards streets with open layout
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 200
| Size | 3,457 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Prime Office layout, perfect for a lawyer!
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
5th Fl-Ste 500
| Size | 660 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
5th Fl-Ste 503
| Size | 1,386 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
5th Fl-Ste 508
| Size | 324 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Ready-to-Occupy! Open Layout
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
5th Fl-Ste 509
| Size | 398 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
6th Fl-Ste 600
| Size | 660 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Ready to Move in. 2 Private offices with bathroom and shower.
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
6th Fl-Ste 601
| Size | 717 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Private office perfect for a startup business!
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
6th Fl-Ste 603
| Size | 1,810 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
This space is perfect for a small business looking for new space! Turnkey with unbeatable views!
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
7th Fl-Ste PH 700
| Size | 1,885 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Private penthouse
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (78)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 1-2-1-016-007-0000 | Improvements Assessment | $5,363,415 CAD |
| Land Assessment | $2,555,610 CAD | Total Assessment | $7,919,025 CAD |
PROPERTY TAXES
Parcel Number
1-2-1-016-007-0000
Land Assessment
$2,555,610 CAD
Improvements Assessment
$5,363,415 CAD
Total Assessment
$7,919,025 CAD
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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The Eight Fifty Building | 249 Merchant St
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