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

    1960 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 for redevelopment.

    Type:Commercial
    Property size:
    9,274 SF
    Lot size:
    1.34 Acres
    Price / SF:
    $560/SF
    Added:
    Apr 17, 2024
    Days on Market:
    780
    Last Refresh:
    Apr 5 at 8:19 pm

    Property Features for 1960 Main St

    General Information

    Standard status
    Active
    Size
    9,274 SF
    Lot size
    1.34 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

    • Investment opportunity: Five separate TMKs offer redevelopment potential.
    • Located in Wailuku Redevelopment Area and within an opportunity zone.
    • Ample Main Street frontage (estimated 341 ft).
    • NOI $382,347.
    • Close to new municipal parking structure with 393 stalls.
    • Walking distance to key County and State buildings, hospital, police station, and UH Maui College.

    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 a new municipal county parking structure with 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 in the primary thoroughfare of Wailuku's central business district, the properties are zoned B-2 and located within the Wailuku Redevelopment Area and an opportunity zone. This presents a great opportunity for a live/work development. The location is near 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 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. The net operating income is $382,347.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wailuku Food Trucks Restaurant Like Poke? Restaurant Havens Wailuku Restaurant DÔLISH MAUI Food Processing Plant Maluhia Collective Clothing & Fashion Store

    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 for redevelopment.
    Where is this mixed-use property located?
    The property is located at 1960 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: Five separate TMKs offer redevelopment potential.; Located in Wailuku Redevelopment Area and within an opportunity zone.; Ample Main Street frontage (estimated 341 ft).
    More about this property
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