Aiea Homes with Leasehold Land tenure

Welcome to Aiea, a charming community nestled on the beautiful island of Oahu, Hawaii. Known for its stunning views and rich cultural heritage, Aiea offers a unique blend of suburban tranquility and urban convenience. With its lush landscapes and proximity to the vibrant city of Honolulu, Aiea is an ideal place for families, young professionals, and retirees alike.

One of the distinctive features of Aiea's real estate market is the prevalence of homes with leasehold land tenure. This means that many properties in the area are built on land that is leased rather than owned outright. While this may seem unconventional, leasehold properties can provide an affordable entry point into the Hawaiian real estate market, allowing buyers to enjoy the benefits of living in this tropical paradise without the hefty price tag often associated with freehold properties.

Aiea’s homes with leasehold land tenure often come with beautiful views of the surrounding mountains and the Pacific Ocean, making them a delightful choice for those who appreciate nature’s beauty. The community is well-connected, with easy access to major highways, shopping centers, and recreational areas, including the popular Aiea Loop Trail, perfect for hiking enthusiasts.

Whether you're looking to invest, downsize, or find your first home, Aiea's leasehold properties offer a unique opportunity to experience the island lifestyle. Embrace the spirit of aloha in Aiea, where every day feels like a vacation and the possibilities are as endless as the ocean views.

Newest Aiea Homes with Leasehold Land tenure

$48,000

202614451 MLS ⋅ LH - Leasehold Tenure ⋅ 46 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.

99-080 Kauhale Street Unit B-4, Aiea

$120,000

202614311 MLS ⋅ LH - Leasehold Tenure ⋅ 49 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

$7,000

202612861 MLS ⋅ LH - Leasehold Tenure ⋅ 71 DOM ⋅ Harbor Square BLDG.

A warehouse with 20 ft ceiling heights, roll up door, ready for business. There is a vehicle lift, private restroom, lots of space ready for lease. Call for more information.

98-019 Kamehameha Highway Unit 4, Aiea

$495,000

202609608 MLS ⋅ LH - Leasehold Tenure ⋅ 119 DOM

Priced to sell. Leasehold industrial building in Halawa Industrial Park totaling ± 12,985 SF with a functional warehouse/office layout (approx. 3,300 sf office + 10,500 sf high-cube warehouse). 4 grade level roll-up doors + yard area for parking or storage. All racking included! Convenient access to H-1, Pearl Harbor, and Honolulu's core industrial areas. Ground lease runs through 12/31/2046, with known rent through 12/31/2031. Contact Listor for details.

99-1418 Koaha Place, Aiea

$400,000

202606872 MLS ⋅ LH - Leasehold Tenure ⋅ 161 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

$455,000

202517980 MLS ⋅ LH - Leasehold Tenure ⋅ 394 DOM

Own Aiea's favorite Eatery Jackie's Restaurant located in the heart of Aiea at "Waimalu Shopping Ctr" is Up for Sale" A long-standing favorite among locals and visitors, featuring authentic Portuguese dishes, classic Hawaiian favorites, and the famous "Ahi Poke Bowl" Steady revenue and a loyal customer base. Turnkey Operation- Includes recipes, and equipment; ready to operate from day one. Good for E2Visa.

98-20 Kamehameha Highway, 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.