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    145 Market St Wailuku, HI 96793

    For Sale
    $1,390,000

    Prime location, flexible retail & residential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional mixed-use property in downtown Wailuku presents a rare investment opportunity. Located at 145 N Market St, on a 0.09-acre lot, this charming building offers two adaptable commercial retail units, perfect for a variety of uses including fitness studios, wellness centers, or offices. The units feature an open floor plan, two showers, and a dedicated retail area. The property boasts a recently updated electrical system with robust 208 V power, a significant advantage for many businesses. Adding to its appeal is a lovely common area courtyard complete with an outdoor shower, two restrooms, and laundry hookups. The B-2 Community Business District zoning allows for a wide range of commercial activities. Its strategic location places it within easy reach of shops, restaurants, and a new parking facility, ensuring high visibility and accessibility. Seller financing may be available, making this an even more attractive proposition for discerning entrepreneurs. Note: Square footage, zoning details, and permitted uses should be independently verified by the buyer. The information provided is without warranty or guarantee.

    Property Features for 145 Market St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    3,920 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Afterglow Yoga Wailuku Yoga Studio Lava 405 Hair ... Hair Salon

    Map

    City
    Wailuku
    County
    Maui
    State
    Hawaii
    Longitude
    -156.503
    Latitude
    20.8899

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, flexible retail & residential
    Where is this commercial real estate located?
    The property is located at 145 Market St Wailuku, HI.
    What is the asking price?
    The asking price for this property is $1,390,000.
    (808) 877-9000
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    145 Market St Wailuku, HI 96793
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