Triplex with Commercial
3559 HANAPEPE RD Hanapepe, HI 96716
For Sale
$1,850,000
SINGLE_FAMILY - Hanapepe, HI
Property Size3,700 SF
Lot Size0.22 Acres
Price / SF$500
Days on Market48
Property Features for 3559 HANAPEPE RD
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- C-G
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bathroom 3, Bedroom 6, Bedroom 7, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bathroom 4, Bathroom 5, Bedroom 5, Bedroom 1
- Parking features
- Assigned
- Standard status
- Active
- APN
- 4190110010000
- Size
- 3,700 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7844
Utilities
- Utilities
- Water Available
- Water source
- Public
Building Details
- Year built
- 1943
Listing Agency:
RE/MAX Kauai - Princeville Office
(808) 826-9675
Listed By:
Jimmy Johnson · License #RB-18149
(808) 639-9675
Added: Jun 10
Last Checked: Jul 27 at 6:06AM
MLS# 731108
Copyright © 2026 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This tri-plex property is built to support mixed-use options, with all three units air-conditioned for year-round comfort. The layout includes a street-facing unit with one bedroom and one bathroom that can be used as an office, store, warehouse, or other compatible concept. The rear of the building features a three-bedroom, 1.75-bath unit plus a former commercial kitchen that may be re-certified for other ventures. Upstairs, there is a three-bedroom, two-bath configuration with two entrances, providing practical access and flexibility.
Located at 3559 Hanapepe Rd in Hanapepe, the property offers convenient access to the PMRF workforce. The listing notes Hanapepe is also positioned within reach of Lihue and Kauai’s Westside and recreational destinations, including beaches and Kokee. Operational conveniences include three washer/dryer hook-ups, on-demand water heating, and a sewer connection for wastewater.
With commercial zoning (C-G), the property can be considered for multiple strategies, including leasing commercial space, operating as three long-term rentals, or living in one unit while renting the others. The presence of the former commercial kitchen and the street-facing unit’s configuration may be relevant for tenants or owners looking for a combination of residential income and compatible commercial activity. A rent roll is available upon request.
Located at 3559 Hanapepe Rd in Hanapepe, the property offers convenient access to the PMRF workforce. The listing notes Hanapepe is also positioned within reach of Lihue and Kauai’s Westside and recreational destinations, including beaches and Kokee. Operational conveniences include three washer/dryer hook-ups, on-demand water heating, and a sewer connection for wastewater.
With commercial zoning (C-G), the property can be considered for multiple strategies, including leasing commercial space, operating as three long-term rentals, or living in one unit while renting the others. The presence of the former commercial kitchen and the street-facing unit’s configuration may be relevant for tenants or owners looking for a combination of residential income and compatible commercial activity. A rent roll is available upon request.
Key Highlights
- Tri‑plex with commercial zoning, offering multiple living and commercial‑use configuration options
- All 3 units are air‑conditioned
- Street‑front portion: 1 bedroom/1 bath with assigned parking
Financial Insights For Retail
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 | $147.0k | $39.72 |
| − Vacancy | −$7.1k | −$1.91 |
| EGI | $139.9k | $37.81 |
| − OpEx | −$42.0k | −$11.34 |
| NOI | $97.9k | $26.47 |
3,700 SF · lease $39.72/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.40M
$1.22M – $1.63M
NOI $97,937 @ 7.0% cap · market cap 5.29%
Second Best
Multifamily LT 5
$1.20M
$1.05M – $1.40M
NOI $83,978 @ 7.0% cap · market cap 4.54%
Theoretical Best
Specialty Retail
$1.48M
$1.30M – $1.73M
NOI $103,651 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three air-conditioned units paired with commercial zoning offer flexible income and live-work possibilities in Hanapepe.
Where is this triplex located?
The property is located at 3559 HANAPEPE RD Hanapepe, HI.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Tri‑plex with commercial zoning, offering multiple living and commercial‑use configuration options; All 3 units are air‑conditioned; Street‑front portion: 1 bedroom/1 bath with assigned parking
