Aiea Homes with Leasehold Land tenure

Welcome to Aiea, a vibrant community nestled on the beautiful island of Oahu, Hawaii! Known for its stunning landscapes and rich cultural heritage, Aiea offers a unique blend of suburban charm and island living. With a backdrop of lush mountains and breathtaking views of the Pacific Ocean, this enchanting city is perfect for those seeking a serene lifestyle while still being close to the hustle and bustle of urban amenities.

One of the defining characteristics of Aiea is its diverse housing market, which includes homes with leasehold land tenure. This means that while you can own your home, the land it sits on is leased, often for a period of 30 to 99 years. This arrangement can provide a more affordable entry point into the Aiea real estate market, making it an attractive option for first-time homebuyers or those looking to invest in a slice of paradise without the hefty price tag of fee-simple properties.

Aiea is also home to a variety of parks, shopping centers, and dining options, ensuring that residents enjoy a balanced lifestyle. The nearby Pearlridge Center, one of the largest shopping malls in Hawaii, offers an array of retail stores, restaurants, and entertainment options, while the lush greenery of Aiea State Park provides the perfect escape for hiking and outdoor activities.

With its welcoming community spirit, stunning natural beauty, and unique housing options, Aiea is truly a hidden gem on Oahu. Whether you're looking to settle down or invest, this charming city has something for everyone!

Newest Aiea Homes with Leasehold Land tenure

$170,000

202617394 MLS ⋅ LH - Leasehold Tenure ⋅ 18 DOM

An exciting opportunity to own a food business in one of Oahu’s popular shopping destinations. Steve’s Chicken is a highly visible food concept located in Pearlridge Center, offering a great opportunity for a new owner to step into an existing operation in a prime retail location.

98-1005 Moanalua Road Unit 1201B, Aiea

$48,000

202614451 MLS ⋅ LH - Leasehold Tenure ⋅ 68 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 ⋅ 71 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

$495,000

202609608 MLS ⋅ LH - Leasehold Tenure ⋅ 141 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 ⋅ 183 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.