3588 Waialae Ave | Queen Theater — Sale in Honolulu, HI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Honolulu, HI 96816

Description

An Iconic Honolulu Fee Simple Property | For Sale CBRE is pleased to present the opportunity to acquire the Queen Theater, an iconic fee simple commercial property located at 3588 Waialae Avenue in the Kaimukī neighborhood of Honolulu, Hawaii. Originally constructed in 1936, the Queen Theater is a long‑standing and well‑recognized asset situated along Waialae Avenue, Kaimukī’s primary commercial corridor. The Property comprises approximately 12,497 square feet of improvements on a 10,396‑square‑foot land parcel and is zoned B‑2 (Community Business District). The asset is positioned as a covered land investment, with existing improvements supporting interim use while preserving long‑term flexibility for adaptive reuse or repositioning. Offered fee simple and as‑is, the Queen Theater represents a rare opportunity to control a prominent commercial site within a built‑out, supply‑constrained Honolulu neighborhood. The offering is well suited for investors seeking long‑term ownership of a legacy asset with durable location fundamentals and future optionality.

Market Context

This commercial property in Honolulu, HI is listed for sale. It has been on the market for 13 days. Compare it against other commercial property listings for sale in Honolulu, HI — view the full market.

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