16 Maluhia Dr, Wailuku, HI 96793

Located in the heart of Wailuku, this investment opportunity consists of five separate parcels that could be consolidated for redevelopment. The properties are in close proximity to a municipal county parking structure with 393 parking stalls. The properties have ample frontage along Main Street, estimated at 341 feet. The location is within walking distance to the County and State buildings on the primary thoroughfare in the central business district of Wailuku. The properties are zoned commercial mixed-use within the Wailuku Redevelopment Area and located within an opportunity zone. This presents a great opportunity for a live/work development, and is in close proximity to the hospital, police station and UH Maui College. The net operating income is $382,347. The properties include: TMK: (2) 3-4-012-004 at 1942 Main Street, with 22,154 square feet of land and buildings of 4,200 square feet and 9,274 square feet; TMK: (2) 3-4-012-006 at 1960 Main Street, with 9,460 square feet of land and a 1,900-square-foot building; TMK: (2) 3-4-012-016 at 1980 Main Street, with 20,552 square feet of land and buildings of 4,677 square feet, 7,899 square feet, and 208 square feet; TMK: (2) 3-4-012-017 at 1994 Main Street, with 1,978 square feet of land; and TMK: (2) 3-4-012-061 at 16 Maluhia Drive, with 4,562 square feet of land.