Corner Office
For Sale
$600,000
304-1885 Main St, Wailuku, HI 96793
Approximately 1,234 square feet for professional or administrative office use in central Wailuku.
Property Size1,234 SF
Price / SF$486.22
Days on Market10
Property Features for 304-1885 Main St
General Information
Standard status
Active
Size
1,234 SF
Additional Details
Property Use
Office
Listing Agency:
Shore To Shore Realty, Inc.
Listed By:
Steven Le RS-85249
(808) 344-6898
Source:
Exprealty
Added: Oct 27
Changed: Nov 3
Last Checked: Nov 4 at 6:07PM
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 Shore To Shore Realty, Inc.
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 office unit contains approximately 1,234 square feet and is positioned on a corner. Its stated use potential includes professional and administrative office functions.
The property is at 1885 Main Street in Wailuku, near government offices, professional businesses, restaurants, and other amenities.
The property is at 1885 Main Street in Wailuku, near government offices, professional businesses, restaurants, and other amenities.
Key Highlights
- Corner‑positioned office unit
- Approximately 1,234 square feet
- Near government offices, professional businesses, and restaurants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,544
Cap Rate
4.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$490,880
$490.9K
Cap Rate 7%
$350,629
$350.6K
Cap Rate 9%
$272,711
$272.7K
Market Conditions
NOI Build-Up for 1,234 SF
Gross rent
$38.5K $31.20/SF
− Vacancy
−$5.8K −$4.68/SF
EGI
$32.7K $26.52/SF
− OpEx
−$8.2K −$6.63/SF
NOI
$24.5K $19.89/SF
Area
Maui County, HI
Vacancy
15.00%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$490,880
Cap Rate 7%
$350,629
Cap Rate 9%
$272,711
Alternative Uses
Best Use
Office B
$350.6K
$306.8K – $409.1K
NOI $24,544 @ 7.0% cap · market cap 4.09%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$499.2K
$436.8K – $582.4K
NOI $34,943 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Approximately 1,234 square feet for professional or administrative office use in central Wailuku.
Where is this office unit located?
The property is located at 304-1885 Main St Wailuku, HI.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Corner‑positioned office unit; Approximately 1,234 square feet; Near government offices, professional businesses, and restaurants
