Aiea Homes with Leasehold Land tenure

Welcome to Aiea, a charming neighborhood nestled on the beautiful island of Oahu, Hawaii. Known for its lush landscapes and vibrant community, Aiea offers a unique blend of suburban tranquility and urban convenience. With stunning views of the surrounding mountains and proximity to the sparkling waters of Pearl Harbor, this area is a haven for outdoor enthusiasts and families alike.

Aiea's rich cultural history is evident throughout the neighborhood, with local parks, historical sites, and community events that celebrate its diverse heritage. The Aiea Shopping Center is a hub for dining and retail, featuring a variety of local eateries and shops that cater to every taste. Additionally, the area is home to excellent schools, making it an ideal place for families seeking a supportive community environment.

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 a home while leasing the land it sits on, often making properties more affordable compared to fee-simple ownership. While leasehold properties can come with specific terms and conditions, they offer an excellent opportunity for those looking to invest in this picturesque neighborhood without breaking the bank.

Whether you're seeking a cozy single-family home or a modern condominium, Aiea's real estate market has something for everyone. Experience the warmth of Hawaiian living in Aiea, where community spirit and natural beauty come together to create an inviting place to call home.

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

$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

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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.