Wailuku Restaurant with Liquor
For Sale
$2,500,000
1764 Wili Pa Loop, Wailuku, HI 96793
120-seat restaurant with liquor license in prime Wailuku location.
Property Size2,726 SF
Price / SF$917.09
Days on Market229
Property Features for 1764 Wili Pa Loop
General Information
Standard status
Active
Size
2,726 SF
Building Details
Year Built
1993
Listing Agency:
Green Tree Realty
Listed By:
Soon Jung Yun · License #RS-68464
(808) 946-2980
Source:
Paradisebrokers
Added: Mar 5
Changed: Oct 4
Last Checked: Oct 19 at 10:43AM
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 Green Tree Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property features a 120-seat permitted restaurant with an existing liquor license, situated in a prime Wailuku location. The restaurant generates approximately $120,000 net annually, with 5% yearly increases over a three-year term plus a three-year option. The scarcity value is enhanced by Maui County wastewater restrictions that limit new restaurant permits. An owner-user opportunity is available.
Key Highlights
- Rare 120‑seat permitted restaurant with existing liquor license.
- Restaurant generates approximately $120,000 net annually with 5% yearly increases (3 yrs + 3‑yr option).
- Prime Wailuku location.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,193
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,543,860
$1.5M
Cap Rate 7%
$1,102,757
$1.1M
Cap Rate 9%
$857,700
$857.7K
Market Conditions
NOI Build-Up for 2,726 SF
Gross rent
$108.1K $39.66/SF
− Vacancy
−$5.2K −$1.90/SF
EGI
$102.9K $37.76/SF
− OpEx
−$25.7K −$9.44/SF
NOI
$77.2K $28.32/SF
Area
Maui County, HI
Vacancy
4.80%
Lease Rate
$39.66 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,543,860
Cap Rate 7%
$1,102,757
Cap Rate 9%
$857,700
Alternative Uses
Best Use
Specialty Retail
$1.10M
$964.9K – $1.29M
NOI $77,193 @ 7.0% cap · market cap 3.09%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Demographics for 96793, HI
31,939
Population
11,510
Households
2.8
Avg Household Size
41
Median Age
29%
College-Educated
94%
High-School Grad
76.1 sq mi
ZIP Area
420
Density / Sq Mi
$104,220
Median Household Income
$47,026
Median Earnings
$1,797
Median Rent
$776,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - 120-seat restaurant with liquor license in prime Wailuku location.
Where is this conventional restaurant located?
The property is located at 1764 Wili Pa Loop Wailuku, HI.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Rare 120‑seat permitted restaurant with existing liquor license.; Restaurant generates approximately $120,000 net annually with 5% yearly increases (3 yrs + 3‑yr option).; Prime Wailuku location.
