1005 Lower Main Street Wailuku, HI 96793
Mixed-use property with retail, office, and industrial space.
Type:Mixed Use
Property size:
11,748 SFLot size:
3.54 AcresPrice / SF:
$319/SF- Added:
- Jul 31, 2024
- Days on Market:
- 645
- Last Refresh:
- Apr 1 at 9:38 pm
Property Features for 1005 Lower Main Street
General Information
- Standard status
- Active
- Size
- 11,748 SF
- Lot size
- 3.54 Acres
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1982
Listing agent Shane Fuke (808) 382-6871
Listing office Five Star Realty, Inc. (808) 382-6871
Listing date Jul 31, 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 Five Star Realty, Inc.
Overview
Wailuku Mixed-Use Property with Bakery
This mixed-use property features a 10,564 sq ft metal frame building with 23 feet ceilings, situated on 0.721 acres (31,428 sq ft) of land. The property includes an adjacent vacant lot of 2.127 acres (61,242 sq ft). The building currently houses Maui’s Home Maid Bakery, which has been in operation for over 35 years and is currently leased at a one-year term, with an option to renew for an additional year. Originally operated as a full-service bakery, the property includes industrial-size walk-in freezers, refrigerators, mixers, ovens, and a commercial stainless-steel kitchen. The building consists of approximately 1,200 sq ft of retail space on the bottom floor with office space mezzanine directly above. The property has approximately 625 linear ft of frontage on Lower Main Street. There are 15 paved parking stalls with additional parking available on the adjacent vacant land. The property includes 200 owned solar panels (345 W) producing 57.6 kw (AC) installed in 2017. The property is zoned B-2 Business - Community & A-2 Apartment.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Map
- City
- Wailuku
- County
- Maui
- State
- Hawaii
- Longitude
- -156.489102
- Latitude
- 20.898741
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with retail, office, and industrial space.
Where is this mixed-use property located?
The property is located at 1005 Lower Main Street Wailuku, HI.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: High‑value investment opportunity with an attractive 4.8 CAP rate and existing one‑year lease with renewal option; Large 2.848 acre land parcel (92,670 sq ft) across two TMKs, zoned B‑2 and A‑2, offering diverse development potential; Substantial 10,564 sq ft metal frame building with 23 ft ceilings, previously a full‑service bakery, featuring industrial‑grade kitchen infrastructure
