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    Wailuku Mixed-Use Redevelopment Opportunity Title is generated by Realmo AI

    1942 Main St, Wailuku, HI 96793

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    For Sale
    $5,200,000

    Five parcels in Wailuku redevelopment area, close to amenities.

    Property size:
    9,274 SF
    Lot size:
    1.41 Acres
    Price / SF:
    $560/SF
    Added:
    Apr 15, 2024
    Days on Market:
    782
    Last Refresh:
    May 12 at 9:46 pm

    Property Features for 1942 Main St

    General Information

    Standard status
    Active
    Size
    9,274 SF
    Lot size
    1.41 Acres
    Property subtype
    Other

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    Listing Contact
    Scott Kenar

    Listing agent Scott Kenar

    Listing office Commercial Prop of Maui LLC

    Listing date Apr 15, 2024

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Commercial Prop of Maui LLC

    HighLights

    • Investment opportunity consisting of five separate TMKs that could be consolidated for redevelopment.
    • Located in the Wailuku Redevelopment Area and within an Opportunity Zone.
    • Ample frontage along Main Street (estimated 341 ft).
    • Net Operating Income (NOI) of $382,347.
    • Walking distance to County and State buildings.
    • Close proximity to the hospital, police station, and UH Maui College.

    Overview

    Located in the heart of Wailuku, this investment opportunity consists of five separate tax map keys that could be consolidated for redevelopment. The properties are in close proximity to the new municipal county parking structure, which offers 393 parking stalls. The properties have ample frontage along Main Street, estimated at 341 feet, and are within walking distance of county and state buildings. Situated 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 the opportunity zone. This presents a great opportunity for a live/work development. The location is in close proximity to the hospital, police station, and UH Maui College. The properties include TMK (2) 3-4-012-004 at 1942 Main Street, featuring 22,154 square feet of land with two buildings of 4,200 square feet and 9,274 square feet. TMK (2) 3-4-012-006 at 1960 Main Street includes 9,460 square feet of land and a 1,900-square-foot building. TMK (2) 3-4-012-016 at 1980 Main Street comprises 20,552 square feet of land with three buildings of 4,677 square feet, 7,899 square feet, and 208 square feet. TMK (2) 3-4-012-017 at 1994 Main Street has 1,978 square feet of land, and TMK (2) 3-4-012-061 at 16 Maluhia Drive includes 4,562 square feet of land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Aloha Events Catering Event Planning New Creation Jiu ... Training Center C.U.T. Market Clothing Store Road & Track Performance ... Auto Parts Store Valley Isle Electric Electrical Service

    Map

    City
    Wailuku
    County
    Maui
    State
    Hawaii
    Longitude
    -156.5007068
    Latitude
    20.8884327

    FAQs

    What type of property is this?
    Mixed-use property - Five parcels in Wailuku redevelopment area, close to amenities.
    Where is this mixed-use property located?
    The property is located at 1942 Main St Wailuku, HI.
    What is the asking price?
    The asking price for this property is $5,200,000.
    What are key features of this property?
    This property features: Investment opportunity consisting of five separate TMKs that could be consolidated for redevelopment.; Located in the Wailuku Redevelopment Area and within an Opportunity Zone.; Ample frontage along Main Street (estimated 341 ft).
    More about this property
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