145 Puali Pl Kaunakakai, HI 96748

Property Details for 145 Puali Pl

Lot size

0.32 lot acres

Property type

Commercial real estate

Description

This exceptional commercial property, located at 145 Puali Pl in the heart of Kaunakakai, Molokai, presents a lucrative investment opportunity. The 0.32-acre lot features a two-story commercial building and a separate three-bedroom, one-bathroom plantation-style residence. The ground floor of the main building is fully occupied by multiple thriving businesses, generating consistent rental income. The rear residence is also commercially leased, contributing to the property's strong cash flow. A total of six separate leases are currently in place, ensuring a steady stream of revenue. The upper level of the main building offers six vacant units, each complete with a bathroom and storage, presenting significant potential for future income generation or owner occupancy. This prime location, situated directly across from the post office and baseball park on Kaunakakai's main street, guarantees high visibility and accessibility. The property boasts extensive landscaping, enhancing its curb appeal and overall value. This is a rare chance to acquire a well-established, income-producing commercial property in a desirable location with substantial upside potential. The property is commercially zoned, offering flexibility for future development or expansion. The combination of existing income streams and the potential for further development makes this an attractive investment for discerning buyers seeking a strong return on investment in a vibrant island community.

Location Insight

City

Kaunakakai

County

Maui

State

Hawaii

Longitude

-157.019

Latitude

21.0913