115 Kaahumanu Ave Kahului, HI 96732-1605
Exceptional investment opportunity in Kahului, Maui, featuring two parcels totaling 2,254 - 47,425 square feet on 16,223 - 31,202 square feet of land (APN: 2-3-7-4-10, 11). This prime retail offering is situated on West Kaahumanu Avenue, a major thoroughfare with nearly 50,000 vehicles passing daily, ensuring high visibility and accessibility. The property includes a well-maintained Aloha Petroleum service station (1,218 sq ft convenience store, 8 gas pumps) and a 1,036 sq ft Island Auto Center sales office. Both properties boast single-tenant, absolute NNN leases with creditworthy tenants, providing stable cash flow and minimal management responsibilities. The location is highly desirable, benefiting from proximity to Kahului Harbor, hotels, and major retail centers like Kaahumanu Center and Maui Mall. This offering presents a compelling investment opportunity, further enhanced by its location within a designated Opportunity Zone, providing significant tax advantages. The area boasts a substantial population (52,196 within a 3-mile radius) with a high average annual household income ($116,701). The asking price is $4,900,000, and the property is zoned B-2, Business Community. This is a rare chance to acquire established, high-performing retail assets in a thriving Maui location.
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Island Auto Center Car Dealership
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Kahului, HIKahului. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.