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1942 Main St Wailuku, HI 96793

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For Sale
$5,200,000

Five parcels in Wailuku's central business district, suitable for redevelopment.

Type:Commercial
Property size:
9,482 SF
Lot size:
1.37 Acres
Added:
Apr 17, 2024
Days on Market:
734
Last Refresh:
Apr 5 at 8:19 pm

Property Features for 1942 Main St

General Information

Standard status
Active
Size
9,482 SF
Lot size
1.37 Acres
Property subtype
Commercial

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Listing Contact
SCOTT J KENAR RS-68944

Listing agent SCOTT J KENAR RS-68944

Listing office COMMERCIAL PROP OF MAUI LLC

Listing date Apr 17, 2024

Source Corcoran

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


Overview

Wailuku Mixed-Use Redevelopment Opportunity

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 the new municipal county parking structure with 393 parking stalls. The location offers ample frontage along Main Street, estimated at 341 feet. The properties are within walking distance to the County and State buildings, situated on the primary thoroughfare in the central business district of Wailuku. The zoning is B-2, 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 properties are in close proximity to the hospital, police station and UH Maui College. One parcel at 1942 Main Street includes 22,154 square feet of land with a 4,200-square-foot building and a 9,274-square-foot building. Another parcel at 1960 Main Street includes 9,460 square feet of land with a 1,900-square-foot building. A parcel at 1980 Main Street includes 20,552 square feet of land with a 4,677-square-foot building, a 7,899-square-foot building, and a 208-square-foot building. An additional parcel at 1994 Main Street includes 1,978 square feet of land. The final parcel at 16 Maluhia Drive includes 4,562 square feet of land.
Property Profile Insight Report 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
-156.501
Latitude
20.8884

FAQs

What type of property is this?
Mixed-use property - Five parcels in Wailuku's central business district, suitable for redevelopment.
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: High Net Operating Income (NOI) of $382,347; Five separate TMKs included, offering redevelopment potential; Located in the Wailuku Redevelopment Area and within an Opportunity Zone
More about this property
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