115 Kio Loop Kihei, HI 96753-8172
- Medical offices
- 832 SF
- 0.23 lot acres
Oct 01, 2024
Current Use by Public Records
- Medical offices
Property Details for 115 Kio Loop
- Year built
- 1999
- Construction
- WOOD
- Lot size
- 0.23 lot acres
- Property size
- 832 SF
- Zone code
- B-2
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 3-9-051-023
- APU
- 39051023
Description
This exceptional mixed-use property presents a prime investment opportunity in the thriving Kihei, Maui market. Located at 115 Kio Loop, 96753, this fee-simple offering encompasses a 1,953 square foot building situated on a generously sized 9,988 square foot landscaped lot. The property's strategic location between South Kihei Road and Piilani Highway ensures high visibility and convenient access. Currently occupied by a well-established veterinary clinic, this building offers a stable income stream. The property's versatile design previously accommodated a restaurant, featuring existing infrastructure including a 500-gallon grease interceptor and a propane tank. Ample on-site and street parking is available, catering to both tenants and customers. The asking price is $1,600,000, translating to $819.25 per square foot. This represents a compelling investment opportunity in a high-demand location with significant potential for future growth and returns. The property's mixed-use zoning allows for a variety of potential uses, making it an attractive option for both seasoned investors and those seeking a diversified portfolio. The property's parcel number is (2) 3-9-051-023-0000. This is a single-unit property.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kihei
- County
- Maui
- State
- Hawaii
- Longitude
- -156.451
- Latitude
- 20.7447
- CBSA code
- 27980
- CBSA name
- KAHULUI-WAILUKU, HI MICROPOLITAN STATISTICAL AREA