4525 Akia Rd Kapaʻa, HI 96746

Property Details for 4525 Akia Rd

Year built

1993

Lot size

1.29 lot acres

Property size

19,920 SF

Zone code

CG

Property type

Commercial real estate

APN

4-4-5-005-004

APU

445005004

Description

This exceptional investment opportunity presents ten of twelve commercial warehouse condominium units within the Oceanside Center, located at 4525 Akia Rd, Kapaa, HI 96746. Originally constructed in 1993 and extensively renovated in 2019, these units offer a combined net rentable area of 19,234 square feet, with individual unit sizes ranging from 1,885 to 1,949 square feet. Each unit boasts 21'6" ceilings and 10 dock-high doors, ideal for various industrial uses. The property features a single-story building with 83 parking spaces, situated on a parcel with APN (4) 4-5-5:4, CPR No. 1 through 10, and zoned CG. All units are currently leased, making this a strong investment opportunity in the thriving Kauai market. The Oceanside Center, formerly a wholesale distribution center, underwent a complete conversion into individual condominium units, offering a unique blend of established infrastructure and modern updates. The units are available for purchase individually or as a portfolio, providing flexibility for diverse investment strategies. This prime location in Kapaa offers easy access to major transportation routes and essential amenities. The property's history as a successful distribution center, coupled with its recent renovation and current occupancy, presents a compelling case for strong returns. This is a rare opportunity to acquire a substantial portfolio of income-generating warehouse condos in a desirable Hawaiian location.

Location Insight

City

Kapaa

County

Kauai

State

Hawaii

Longitude

-159.32

Latitude

22.0708

CBSA code

28180

CBSA name

KAPAA, HI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments