Flex Space with Roll-Up
For Sale
$645,000
Pending
300 Ohukai Road Road Unit 300 OHUKAI ROAD B303, Kihei, HI 96753
Commercial condominium combining a customer-facing storefront, climate-controlled offices, and connected warehouse space.
Property Size1,299 SF
Days on Market369
Property Features for 300 Ohukai Road Road Unit 300 OHUKAI ROAD B303
General Information
Standard status
Pending
Size
1,299 SF
Total Parking Spaces
3
Property subtype
Commercial Sale / Commercial-For Sale / Condominium
Zoning
Business Condominium
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Drive-In Doors
1
Taxes and HOA fees
Annual Taxes
$1,500
Amenities
Central Air
Concrete, Carpet, Laminate
Yes
Reinforced Concrete, Tilt-Up Concrete
Building Details
Stories
1
Listing Agency:
C21Al Fine Homes & Estates (W)
Listed By:
Robert Dein · License #RB-18398
(808) 250-3564
Source:
Compass
Added: Oct 13, 2025
Changed: Oct 11
Last Checked: Oct 16 at 11:15AM
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 C21Al Fine Homes & Estates (W)
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,299-square-foot commercial condominium combines a storefront, office areas, and warehouse space within a flex-space configuration. The front area includes floor-to-ceiling windows, durable vinyl flooring, drop ceilings, and a counter-height interior window. Central air conditioning serves the office spaces, while a pedestrian door connects the offices directly to the warehouse. The rear warehouse includes a 12' x 12' roll-up overhead door and a second pedestrian entrance.
The unit is located in the Kihei Commercial Center off Pi'ilani Highway, with access from the northbound highway lanes and Ohukai Road. The property is approximately 15 minutes from Kahului, Maui's Central Business District, and OGG Airport via four-lane highway. Parking includes two dedicated stalls and one shared common stall, with additional parking at the storefront facade. The warehouse is currently leased to Dive Maui, a professional dive tank filling enterprise.
The unit is located in the Kihei Commercial Center off Pi'ilani Highway, with access from the northbound highway lanes and Ohukai Road. The property is approximately 15 minutes from Kahului, Maui's Central Business District, and OGG Airport via four-lane highway. Parking includes two dedicated stalls and one shared common stall, with additional parking at the storefront facade. The warehouse is currently leased to Dive Maui, a professional dive tank filling enterprise.
Key Highlights
- 1,299 SF commercial condominium with storefront, offices, and warehouse space
- 12' x 12' roll‑up overhead door serving the warehouse
- Central air conditioning in all office spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,033
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$620,660
$620.7K
Cap Rate 7%
$443,329
$443.3K
Cap Rate 9%
$344,811
$344.8K
Market Conditions
NOI Build-Up for 1,299 SF
Gross rent
$46.8K $36.00/SF
− Vacancy
−$2.4K −$1.87/SF
EGI
$44.3K $34.13/SF
− OpEx
−$13.3K −$10.24/SF
NOI
$31.0K $23.89/SF
Area
Maui County, HI
Vacancy
5.20%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$620,660
Cap Rate 7%
$443,329
Cap Rate 9%
$344,811
Alternative Uses
Best Use
Retail
$443.3K
$387.9K – $517.2K
NOI $31,033 @ 7.0% cap · market cap 4.81%
Second Best
Office B
$369.1K
$323.0K – $430.6K
NOI $25,837 @ 7.0% cap · market cap 4.01%
Theoretical Best
Specialty Retail
$525.5K
$459.8K – $613.1K
NOI $36,784 @ 7.0% cap · market cap 5.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Demographics for 96753, HI
27,611
Population
18,294
Households
1.5
Avg Household Size
47
Median Age
35%
College-Educated
95%
High-School Grad
36.4 sq mi
ZIP Area
759
Density / Sq Mi
$87,948
Median Household Income
$44,157
Median Earnings
$2,076
Median Rent
$958,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Flex space - Commercial condominium combining a customer-facing storefront, climate-controlled offices, and connected warehouse space.
Where is this flex space located?
The property is located at 300 Ohukai Road Road Unit 300 OHUKAI ROAD B303 Kihei, HI.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: 1,299 SF commercial condominium with storefront, offices, and warehouse space; 12' x 12' roll‑up overhead door serving the warehouse; Central air conditioning in all office spaces
