Aiea Homes with Leasehold Land tenure

Welcome to Aiea, a vibrant neighborhood nestled in the heart of Oahu, Hawaii. Known for its stunning views of the lush mountains and the sparkling waters of Pearl Harbor, Aiea offers a unique blend of urban convenience and serene island living. This charming community is characterized by its friendly atmosphere, rich cultural heritage, and a variety of recreational activities that cater to residents of all ages.

Aiea boasts an array of amenities, including shopping centers, local eateries, and parks, making it an ideal place for families and professionals alike. The Aiea Shopping Center and nearby Pearl Ridge Center provide residents with plenty of retail options, while local favorites serve up delicious Hawaiian cuisine. Nature enthusiasts can explore the scenic trails of the Aiea Loop Trail, which offers breathtaking panoramic views of the island.

One of the distinctive features of Aiea real estate is the prevalence of homes with leasehold land tenure. This unique arrangement allows buyers to purchase homes while leasing the land, often making properties more accessible and affordable. While leasehold properties can come with specific considerations, they offer an excellent opportunity for those looking to invest in this beautiful community without the higher costs associated with fee-simple ownership.

Whether you're drawn to the rich history, the picturesque surroundings, or the sense of community, Aiea is a neighborhood that welcomes you with open arms. Discover your perfect home in this enchanting corner of Hawaii, where island life meets modern convenience.

Newest Aiea Homes with Leasehold Land tenure

$120,000

202614311 MLS ⋅ LH - Leasehold Tenure ⋅ 3 DOM

Turnkey restaurant opportunity located in the highly trafficked Pearlridge Mauka Food Court. The lease assignment offers an excellent opportunity for a well-seasoned food operator to establish a presence in one of Oahu's premier regional shopping centers. The space is fully improved for restaurant use and includes an existing commercial kitchen with an exhaust hood and grease trap. The sale includes the existing Furniture, Fixtures & Equipment (FF&E), providing a streamlined transition for the new tenant. Confidential sale do not disturb the employees, owner or customers. Lease assignment subject to Landlord approval.

98-129 Kaonohi Street, Aiea

$85,000

202608767 MLS ⋅ LH - Leasehold Tenure ⋅ 84 DOM

Turnkey opportunity to own a popular and growing dessert concept in Aiea—Frost City, located in the highly desirable Aiea Town Square. Known for its signature Taiwanese-style “snow ice” desserts, refreshing bubble teas, smoothies, and unique hot dessert offerings. Ideally positioned in a high-traffic retail center with excellent visibility and convenient access. The space features a clean, modern, and inviting dining area with ample seating, bright natural light from large storefront windows, and a welcoming ambiance that encourages dine-in customers and social engagement. The built-out kitchen is efficiently designed and equipped with specialized dessert equipment, prep stations, refrigeration, private restroom, and storage areas, allowing for seamless operations. A unique customer experience element—such as the in-store claw machine—adds to the brand’s fun, family-friendly appeal and repeat customer traffic. With established branding, proven concept, and strong operational setup, this is an excellent opportunity for an owner-operator or investor to step into a fully operational business with growth potential.

99-082 Kauhale Street Unit B-4, Aiea

$400,000

202606872 MLS ⋅ LH - Leasehold Tenure ⋅ 115 DOM

Great opportunity to get into Pearlridge Center - Downtown where the movie theater is located. This unit is on the second level just across the escalators to the movie theater. This business sells cosmetic and skin care products. Lots of great restaurants and business to attract many patrons and many parking spaces. Second floor addition for office and storage space approximately 200 sq. ft. built.

98-1005 Moanalua Road Unit 2204, Aiea

$195,000

202505497 MLS ⋅ LH - Leasehold Tenure ⋅ 520 DOM

Your opportunity to purchase a turn-key restaurant in popular Pearlridge Shopping Center. Ample parking and steady foot traffic. Premium include FF&E. Subject to Landlord's approval. Poke & Bento-ya is located on the third floor of the Pearlridge Wai Makai food court, adjacent to the movie theaters. The business opened in 2018 and serves fresh sushi, sashimi, maubies, bentos, poke bowls, and salads. The spacious kitchen includes two separate cooking areas with hoods. The kitchen is connected to a centralized grease interceptor and includes several refrigerators, freezers, sinks, and preparation tables. The lease rent is included Cam.

98-1005 Moanalua Road Unit 614, Aiea

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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.