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    41-37 Wailea St Waimanalo, HI 96795

    For Sale
    $3,500,000

    High-Visibility Business w/ Residence

    Property size:
    552 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional Waimanalo commercial property, located at 41-37 Wailea Street, presents a unique investment opportunity. The expansive 19,569 square-foot lot, situated on Kalanianaole Highway, enjoys high visibility and significant traffic from both locals and tourists. The property includes a thriving existing business, providing immediate income potential. Ample on-site parking ensures customer convenience. A three-bedroom residence is attached to the main commercial building, offering the possibility of live-work arrangements or generating additional rental income. A vacant portion of the 0.27-acre lot allows for expansion of the existing business, the addition of complementary services, or the development of entirely new income streams. The property's strategic location, just minutes from Waimanalo Beach Park, guarantees consistent pedestrian and vehicular traffic, maximizing exposure and customer reach. The 552 square-foot main building is complemented by the substantial lot size, making this a versatile property suitable for a wide range of commercial ventures. This prime location and the existing infrastructure create a compelling opportunity for investors seeking a high-return investment with significant upside potential. The combination of a successful business, residential space, and ample room for expansion makes this a truly remarkable offering in the desirable Waimanalo market. The asking price is $3,500,000.

    Property Features for 41-37 Wailea St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    552 SF
    Lot Size
    11,761 SF

    Building Details

    Year Built
    1955
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waimanalo
    County
    Oahu
    State
    Hawaii
    Longitude
    -157.6974
    Latitude
    21.33341

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    FAQs

    What type of property is this?
    Commercial real estate - High-Visibility Business w/ Residence
    Where is this commercial real estate located?
    The property is located at 41-37 Wailea St Waimanalo, HI.
    What is the asking price?
    The asking price for this property is $3,500,000.
    (808) 487-1561
    Request Owner's contact information
    41-37 Wailea St Waimanalo, HI 96795
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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
    41-37 Wailea St Waimanalo, HI 96795
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