Wailuku Commercial Property with
1005 Lower Main Street, Wailuku, HI 96793
COMMERCIAL - Wailuku, HI
- Added:
- Aug 1, 2024
- Days on Market:
- 658
- Last Refresh:
- May 20 at 11:06 pm
Property Features for 1005 Lower Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 15
- Security features
- Security
- Standard status
- Active
- APN
- 2-3-8-037-049-0000
Taxes and HOA fees
- Tax Annual Amount
- 5880
Utilities
- Utilities
- Natural Gas Available
Building Details
- Year built
- 1982
- Floors in Building
- 2
- Flooring type
- Concrete, Wood
- Building materials
- Metal Frame
Listing agent Shane H Fuke License #RS-85663 (808) 223-9919
Listing office Five Star Realty, Inc. 1500 S King Street Suite 200, Honolulu, HI (808) 382-6871
Listing date Aug 1, 2024
MLS# 202411370
Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 4.8 CAP rate with a current lease in place, offering immediate income.
- Large land area totaling 92,670 sq ft across two parcels (0.721 acres and 2.127 acres) with B‑2 and A‑2 zoning.
- 10,564 sq ft metal frame building with 23 ft ceilings, suitable for various uses.
- Significant solar power system: 200 owned solar panels (57.6 kW AC) installed in 2017, reducing electricity costs.
- Prime Lower Main Street frontage (approximately 625 linear ft) with high visibility.
- Includes existing retail space (approx. 1,200 sq ft) and office mezzanine, plus 15 paved parking stalls with additional parking on vacant land.
Overview
This commercial property in Wailuku features a 10,564 sq ft metal frame building with 23-foot ceilings, situated on 0.721 acres (31,428 sq ft) of land, plus an adjacent vacant lot of 2.127 acres (61,242 sq ft). The property is zoned B-2 Business - Community & A-2 Apartment. The building has been home to Maui's own Home Maid Bakery for over 35 years and was originally used as a full-service bakery with industrial-size walk-in freezers, refrigerators, mixers, ovens, and a commercial stainless-steel kitchen. The building includes approximately 1,200 sq ft of existing retail space on the bottom floor with office space mezzanine directly above. The property has approximately 625 linear feet of frontage on Lower Main Street. There are 15 paved parking stalls with additional parking on the adjacent vacant land. In 2017, 200 owned solar panels producing 57.6 kw (AC) were installed, reducing the existing electric bills. The property is currently leased at a one-year term, with an option to renew for an additional year.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Map
- City
- Wailuku
- County
- Maui
- State
- Hawaii
- Longitude
- -156.489102
- Latitude
- 20.898741
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Metal frame building with land and solar panels in Wailuku.
Where is this retail space located?
The property is located at 1005 Lower Main Street Wailuku, HI.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 4.8 CAP rate with a current lease in place, offering immediate income.; Large land area totaling 92,670 sq ft across two parcels (0.721 acres and 2.127 acres) with B‑2 and A‑2 zoning.; 10,564 sq ft metal frame building with 23 ft ceilings, suitable for various uses.
