Kailua-Kona Commercial Property For
73-5568 MAIAU ST Kailua Kona, HI 96740
73-5568 MAIAU ST, Kailua Kona, HI, 96740
$799,000
For Sale
Under Contract
$799,000
COMMERCIAL - Kailua-Kona, HI
Property Size1,500 SF
Price / SF$532.67
Days on Market274
Property Features for 73-5568 MAIAU ST
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- ML-1A
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 2
- Parking features
- Assigned
- Window features
- Blinds
- Appliances
- Dryer, Washer
- Standard status
- Active Under Contract
- APN
- 3730510440004
- Size
- 1,500 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5039
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Zoned
- Cooling system
- Zoned
Building Details
- Year built
- 1993
- Number of units
- 1
Listing agency
Hawaiian Isle Real Estate, LLC
(808) 987-1012
Listed by
Gretchen Osgood
(808) 987-1012
Added: Oct 21, 2025 Updated: May 15 at 3:32PM Checked: Jul 21 at 8:06AM
MLS# 724886
Copyright © 2026 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 73-5568 Maiau Street in the Kaloko Light Industrial Park, this commercial property is situated in a busy commercial district near Costco. The Cal-Cam Center III is a metal building with a concrete floor. The ground floor features a 2,036 square-foot warehouse bay, accessible via a 12-foot roll-up door and a standard door. The space has been previously occupied by a consignment business and a pest control company. The property includes three assigned parking spaces and two non-assigned spots in front of the building. The upstairs area has been remodeled into an office of similar size, with wood floors, a tropical wood bar, and carpeted outer rooms. The outer rooms offer ocean views. There is a large multi-purpose area suitable for dining, a media room with a pool table, and a kitchen. The zoning is ML-1A. The property size is 1,500 square feet.
Key Highlights
- Prime commercial location in Kaloko Light Industrial Park, near Costco.
- 2,036 sq ft warehouse bay with 12‑foot roll‑up door.
- Remodeled upstairs office space with ocean views.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.1k | $18.72 |
| − Vacancy | −$337 | −$0.22 |
| EGI | $27.7k | $18.50 |
| − OpEx | −$4.2k | −$2.77 |
| NOI | $23.6k | $15.72 |
1,500 SF · lease $18.72/SF/yr · vacancy 1.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$336.9K
$294.8K – $393.0K
NOI $23,582 @ 7.0% cap · market cap 2.95%
Second Best
Flex RnD
$304.9K
$266.8K – $355.7K
NOI $21,341 @ 7.0% cap · market cap 2.67%
Theoretical Best
Specialty Retail
$511.9K
$447.9K – $597.2K
NOI $35,834 @ 7.0% cap · market cap 4.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bonded Material Co ...
Construction Company
Kona Coast Pest ...
Garden Center
Hawai'i Fleet Specialists ...
Auto Repair Shop
Bamboo Man LLC
Furniture & Home Goods
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Commercial property in a busy industrial park near Costco.
Where is this flex space located?
The property is located at 73-5568 MAIAU ST Kailua Kona, HI.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Prime commercial location in Kaloko Light Industrial Park, near Costco.; 2,036 sq ft warehouse bay with **12‑foot roll‑up door.**; **Remodeled upstairs office space with ocean views.**
