1942 Main St Wailuku, HI 96793

Property Details for 1942 Main St

Year built

1928

Construction

STEEL FRAME

Lot size

0.51 lot acres

Property size

9,274 SF

Zone code

B-2

Property type

Warehouses

APN

3-4-012-004

APU

34012004

Description

This exceptional investment opportunity encompasses five contiguous parcels totaling 0.51 acres situated on Main Street in Wailuku, Hawaii. The properties, identified by separate Tax Map Keys (TMKs), offer significant redevelopment potential within the Wailuku Redevelopment Area and Opportunity Zone. The combined land area spans approximately 58,706 square feet, featuring a substantial 341-foot frontage along Main Street. Existing improvements include multiple buildings with a total of approximately 27,950 square feet of building space. The property boasts a prime location, within walking distance of county and state buildings, the hospital, police station, and UH Maui College. The high-traffic location on a primary thoroughfare in Wailuku's central business district ensures excellent visibility and accessibility. The property's current Net Operating Income (NOI) is $393,779. The B-2 zoning allows for commercial mixed-use development, making it ideal for a live/work project. The property's proximity to a new municipal parking structure with 393 stalls further enhances its appeal. This offering presents a rare chance to acquire a substantial portfolio in a thriving Maui location. Detailed parcel information includes: 1942 Main St (22,154 SF land, 13,400 SF buildings)

Location Insight

City

Wailuku

County

Maui

State

Hawaii

Longitude

-156.501

Latitude

20.8884

CBSA code

27980

CBSA name

KAHULUI-WAILUKU, HI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments