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    145 Puali Pl Kaunakakai, HI 96748

    For Sale
    $975,000

    Prime Location, Six Leases, High Return

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property, located at 145 Puali Pl in the heart of Kaunakakai, Molokai, presents a lucrative investment opportunity. The 0.32-acre lot features a two-story commercial building and a separate three-bedroom, one-bathroom plantation-style residence. The ground floor of the main building is fully occupied by multiple thriving businesses, generating consistent rental income. The rear residence is also commercially leased, contributing to the property's strong cash flow. A total of six separate leases are currently in place, ensuring a steady stream of revenue. The upper level of the main building offers six vacant units, each complete with a bathroom and storage, presenting significant potential for future income generation or owner occupancy. This prime location, situated directly across from the post office and baseball park on Kaunakakai's main street, guarantees high visibility and accessibility. The property boasts extensive landscaping, enhancing its curb appeal and overall value. This is a rare chance to acquire a well-established, income-producing commercial property in a desirable location with substantial upside potential. The property is commercially zoned, offering flexibility for future development or expansion. The combination of existing income streams and the potential for further development makes this an attractive investment for discerning buyers seeking a strong return on investment in a vibrant island community.

    Property Features for 145 Puali Pl

    General Information

    Property type
    Other commercial real estate
    Lot Size
    13,939 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kaunakakai
    County
    Maui
    State
    Hawaii
    Longitude
    -157.0192
    Latitude
    21.09126

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Location, Six Leases, High Return
    Where is this commercial real estate located?
    The property is located at 145 Puali Pl Kaunakakai, HI.
    What is the asking price?
    The asking price for this property is $975,000.
    (808) 553-4444
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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 Puali Pl Kaunakakai, HI 96748
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