109 Waiko Rd Wailuku, HI 96793

This exceptional 1.59-acre property in Wailuku, Hawaii, presents a unique investment opportunity. Previously designated as Agricultural, it has undergone a successful conversion to M-1 Light Industrial zoning. This allows for a wide range of industrial uses, subject to specific exceptions detailed in the zoning regulations. The property's 2.8 acres fronting East Waiko Road offer significant visibility and accessibility. The remaining acreage is also zoned M-1 Light Industrial, with permitted uses excluding those specified in B-1, B-2, and B-3 zoning districts, along with apartment houses. A notable exception allows for dwelling units above or below the first floor of a permitted use. Infrastructure is already in place, with water, electrical, and telephone services independently connected to each of the seven lots. The property is further enhanced by the completion of crucial documentation, including the Condominium Declaration, Condo Map, Bylaws, and an Archeological Preservation plan. This comprehensive preparation streamlines the development process and minimizes potential delays. This property offers significant potential for developers and investors seeking a versatile and well-prepared industrial site in a desirable Maui location. The detailed zoning regulations should be reviewed for specific permitted uses.