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1960 Main St Wailuku, HI 96793

For Sale
$6,500,000

Five Properties, High NOI, Redevelopment Potential

Description

Added:
Feb 3, 2025
Days on Market:
307
This exceptional investment opportunity encompasses five strategically located commercial properties in the heart of Wailuku, Maui. The portfolio includes a total of 62,706 square feet of land and approximately 27,950 square feet of existing building space across five separate tax map keys (TMKs), offering significant redevelopment potential. The properties boast ample frontage along Main Street (approximately 341 feet), placing them in the central business district, within walking distance of county and state buildings, and the new municipal county parking structure (393 stalls). This prime location is also convenient to the hospital, police station, and UH Maui College. The properties are zoned B-2 and situated within both the Wailuku Redevelopment Area and an opportunity zone, presenting a unique live/work development opportunity. The current net operating income (NOI) is $393,779. Individual property details include: 1942 Main Street (TMK 2-3-4-012-004): 22,154 sq ft land, 13,474 sq ft building

Property Features for 1960 Main St

General Information

Property type
Other commercial real estate
Lot Size
9,583 SF

Insight Report Location Intelligence

Current Use by Public Records

Wailuku Food Trucks Food Court Like Poke? Seafood Restaurant Havens Wailuku Restaurant DÔLISH MAUI Food Producer Maluhia Collective Boutique

Map

City
Wailuku
County
Maui
State
Hawaii
Longitude
-156.501
Latitude
20.8882

FAQs

What type of property is this?
Commercial real estate - Five Properties, High NOI, Redevelopment Potential
Where is this commercial real estate located?
The property is located at 1960 Main St Wailuku, HI.
What is the asking price?
The asking price for this property is $6,500,000.
More about this property
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