109 Waiko Rd Wailuku, HI 96793

This exceptional 1.04-acre industrial property in Wailuku, Hawaii, presents a unique investment opportunity. Previously agricultural land, it has undergone a successful conversion to M-1 Light Industrial zoning, offering significant flexibility for a wide range of uses. The property boasts frontage on East Waiko Road, providing excellent visibility and accessibility. The zoning allows for most uses permitted within the M-1 Light Industrial District, with specific exceptions noted in the zoning regulations, including the exclusion of apartment houses. A key advantage is the subdivision into seven lots, each with readily available water, electrical, and telephone services. The property's comprehensive documentation is complete, including a finalized Condominium Declaration, Condo Map, Bylaws, and an Archeological Preservation plan, streamlining the development process and minimizing potential delays. This well-prepared site is ready for immediate development, making it an attractive proposition for businesses seeking a strategic location in Wailuku's thriving industrial sector. The property's size and zoning provide ample room for expansion and customization, catering to a variety of industrial and commercial needs. The existing infrastructure ensures a smooth transition for any future development plans. This is a rare opportunity to acquire a fully prepared industrial lot in a desirable location. The asking price is $2,045,000.