Kihei Live/Work Mixed-Use
1367 South Kihei Road Kihei, HI 96753
For Sale
$1,199,000
Mixed-use property in central Kihei with residential and commercial spaces.
Property Size1,901 SF
Price / SF$630.72
Days on Market126
Property Features for 1367 South Kihei Road
General Information
- Standard status
- Active
- Size
- 1,901 SF
- Property subtype
- Commercial Sale / Commercial-For Sale / Condominium
Listing Agency:
eXp Realty
(808) 315-1699
Listed By:
Jyoti Graziano · License #RS-81732
(808) 315-1699
Source:
Compass
Added: Mar 24
Changed: Jul 10
Last Checked: Jul 24 at 1:23PM
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 eXp Realty
Investment Insights
Based on property information with market context.
Located in the heart of Central Kihei, this mixed-use property at Kai Ani Village offers a unique live/work opportunity. The property features approximately 1,901 sq. ft. of space, including 2 bedrooms, 2.5 baths, and a 500 sq. ft. commercial suite, along with an attached 2-car garage. The ground-level commercial suite benefits from high visibility on South Kihei Rd. and has a dedicated exterior entrance, as well as interior access from the residence. The commercial space includes a half bath, custom built shelving, recessed lighting, and a privacy partition with additional storage. The residence above features vaulted ceilings, open-concept living and dining areas, granite kitchen counters, a laundry area, a guest bedroom, and a full bath with a tub. A north-facing lanai offers views of Haleakala and includes an electric shade. The upper-level primary suite overlooks the living area and includes a walk-in closet and an en suite bath with a double vanity and walk-in shower. Recent updates include lighting, refrigerator, washer and dryer, oven/range, dishwasher, microwave/convection/air fryer, and water heater, as well as improvements to the commercial suite. Kai Ani Village provides resort-style amenities such as an infinity-edge pool, spa, cabanas, a pavilion, BBQ areas, and tropical landscaping. The property's location offers convenient access to restaurants, cafes, grocery stores, gyms, banks, community events, and the South Maui beach path, as well as Kahului, the airport, Costco, and medical services. Existing businesses within Kai Ani Village include a café, chiropractor, medical offices, a weight loss clinic, an insurance company, a barber shop, wellness services, and professional offices.
Key Highlights
- Rare live/work opportunity with a 500 sq. ft. commercial suite in a desirable central Kihei location.
- Largest floor plan available in Kai Ani Village, offering 1,901 sq. ft. of combined living and commercial space.
- Prime commercial suite visibility on South Kihei Rd. with dedicated entrance and interior access.
Financial Insights For Mixed Use
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 | $68.4k | $36.00 |
| − Vacancy | −$5.5k | −$2.88 |
| EGI | $63.0k | $33.12 |
| − OpEx | −$23.6k | −$12.42 |
| NOI | $39.4k | $20.70 |
1,901 SF · lease $36.00/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$562.2K
$491.9K – $655.9K
NOI $39,351 @ 7.0% cap · market cap 3.28%
Second Best
Office B
$540.2K
$472.6K – $630.2K
NOI $37,811 @ 7.0% cap · market cap 3.15%
Theoretical Best
Specialty Retail
$769.0K
$672.9K – $897.2K
NOI $53,831 @ 7.0% cap · market cap 4.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Mixed-use property - Mixed-use property in central Kihei with residential and commercial spaces.
Where is this mixed-use property located?
The property is located at 1367 South Kihei Road Kihei, HI.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Rare live/work opportunity with a 500 sq. ft. commercial suite in a desirable central Kihei location.; Largest floor plan available in Kai Ani Village, offering 1,901 sq. ft. of combined living and commercial space.; Prime commercial suite visibility on South Kihei Rd. with dedicated entrance and interior access.
