Maui Commercial Condo For
300 Ohukai Rd #B102 Kihei, HI 96753
300 Ohukai Rd #B102, Kihei, HI, 96753
$595,000
For Sale
$595,000
1,175 SF commercial condo offers industrial ownership opportunity on Maui.
Property Size1,175 SF
Price / SF$506.38
Days on Market102
Property Features for 300 Ohukai Rd #B102
General Information
- Standard status
- Active
- Size
- 1,175 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1990
Listing Agency
(808) 875-7000
Listed by
Chris Millen
(808) 875-7000
Source
Cbcworldwide
Added: Apr 8 Checked: Apr 8 at 8:42 pm
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 Chris Millen
Investment Insights
Based on property information with market context.
This commercial condo, offering 1,175 square feet, presents a rare industrial ownership opportunity on Maui. Acquiring this warehouse provides long-term stability, safeguarding against increasing lease expenses, and the flexibility to adapt the space to suit specific business operations. It also allows for building equity in a highly desirable asset within one of Maui's most supply-constrained commercial markets. The property is located at 300 Ohukai Rd #B102 Kihei, HI 96753.
Key Highlights
- Rare industrial ownership opportunity on Maui.
- Long‑term stability and protection from rising lease costs.
- Opportunity to build equity in a highly sought‑after asset.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.2k | $18.00 |
| − Vacancy | −$338 | −$0.29 |
| EGI | $20.8k | $17.71 |
| − OpEx | −$3.1k | −$2.66 |
| NOI | $17.7k | $15.06 |
1,175 SF · lease $18.00/SF/yr · vacancy 1.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$252.7K
$221.1K – $294.8K
NOI $17,690 @ 7.0% cap · market cap 2.97%
Second Best
Industrial
$208.1K
$182.1K – $242.8K
NOI $14,568 @ 7.0% cap · market cap 2.45%
Theoretical Best
Specialty Retail
$475.3K
$415.9K – $554.6K
NOI $33,273 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
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FAQs
What type of property is this?
Warehouse - 1,175 SF commercial condo offers industrial ownership opportunity on Maui.
Where is this warehouse located?
The property is located at 300 Ohukai Rd #B102 Kihei, HI.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Rare industrial ownership opportunity on Maui.; Long‑term stability and protection from rising lease costs.; Opportunity to build equity in a highly sought‑after asset.
