Mixed-Use Residential and Commercial
For Sale
$1,399,000
257 Market St, Wailuku, HI 96793
Commercial, Wailuku, HI
Property Size7,998 SF
Lot Size0.18 Acres
Price / SF$174.92
Days on Market1269
Property Features for 257 Market St
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Wailuku
Standard status
Active
Size
7,998 SF
Lot size
0.18 Acres
Listing Agency:
Carol Ball & Assocs
(808) 283-9043
Listed By:
Rachel Phillips · License #RB-18465
(808) 871-8807
Added: Mar 16, 2023
Changed: Aug 19
Last Checked: Sep 4 at 7:06PM
MLS# 404877
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Investment Insights
Based on property information with market context.
The property consists of a main 3-bedroom, 2-bath dwelling plus two additional vacant buildings, all set on a single lot. One of the outbuildings is approximately 1,090 square feet and was formerly used as a beauty salon. The second building is approximately 654 square feet and was formerly used as an office/retail space. In addition to the three buildings, there is a garage and two utility sheds. The property information is drawn from public records and buyers are advised to confirm all square footages and any desired uses with the County and other approving agencies.
Zoned R-1 residential, the former beauty salon and the former office/retail space operated under a variance granted in 1980. The site is located in Wailuku Town and is positioned across from Iao Intermediate School, providing a straightforward, neighborhood-oriented setting.
This configuration can be practical for buyers looking for flexibility within a residential zoning framework, with multiple structures already on-site for different uses to be evaluated by the appropriate authorities. With both secondary buildings currently vacant, an owner may have the ability to pursue redevelopment, repositioning, or alternative residential uses, subject to confirmation of approvals and any applicable variance requirements.
Zoned R-1 residential, the former beauty salon and the former office/retail space operated under a variance granted in 1980. The site is located in Wailuku Town and is positioned across from Iao Intermediate School, providing a straightforward, neighborhood-oriented setting.
This configuration can be practical for buyers looking for flexibility within a residential zoning framework, with multiple structures already on-site for different uses to be evaluated by the appropriate authorities. With both secondary buildings currently vacant, an owner may have the ability to pursue redevelopment, repositioning, or alternative residential uses, subject to confirmation of approvals and any applicable variance requirements.
Key Highlights
- R‑1 residential zoned property in Wailuku Town with approximately 7,997 SF of land
- Includes a 3‑bedroom, 2‑bath dwelling plus two additional buildings (vacant)
- Former beauty salon building: approximately 1,090 SF (vacant); previously operated under a variance granted in 1980
Property Analytics
Property Profile
Current Use
Location Intelligence
Demographics for 96793, HI
31,939
Population
11,510
Households
2.8
Avg Household Size
41
Median Age
29%
College-Educated
94%
High-School Grad
76.1 sq mi
ZIP Area
420
Density / Sq Mi
$104,220
Median Household Income
$47,026
Median Earnings
$1,797
Median Rent
$776,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-building compound in an R-1 zone, including a former beauty salon and office/retail space, both currently vacant.
Where is this mixed-use property located?
The property is located at 257 Market St Wailuku, HI.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: R‑1 residential zoned property in Wailuku Town with approximately 7,997 SF of land; Includes a 3‑bedroom, 2‑bath dwelling plus two additional buildings (vacant); Former beauty salon building: approximately 1,090 SF (vacant); previously operated under a variance granted in 1980
