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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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    Claim this Listing
    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
    Price / SF:
    $548/SF
    Added:
    Apr 17, 2024
    Days on Market:
    779
    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

    HighLights

    • 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
    • Ample frontage along Main Street (estimated 341 ft)
    • Close proximity to the new municipal county parking structure (393 stalls)
    • Walking distance to County and State buildings

    Overview

    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 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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