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Property profile & analytics
FOR LEASE
Turn key restaurants

120 Hana Hwy Paia, HI 96779

4,090 SF 1.23 ac lot Built 2013
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US24-0073801
Property summary
AI-generated overview

This exceptional commercial property, located at 120 Hana Highway in Paia, Hawaii (zip code 96779), offers versatile executive office suites within the vibrant Paia Town Center. The property features a total of 2,257 square feet, with multiple tenancy options available. Currently, there is 644 square feet of vacant space, with units ranging from a minimum of 684 square feet to a maximum contiguous space of 743 square feet. The building is situated in the heart of Paia, a bustling town on Maui's north coast, known for its unique shops, art galleries, and diverse culinary scene. The property benefits from high visibility and foot traffic, with an estimated 18,000 vehicles passing daily. One available unit is conveniently located in the Luna Building, offering pull-up parking and easy walk-up access. Another option is a second-floor space above Choice Health Bar, providing excellent street visibility on Baldwin Avenue. This presents a rare opportunity to establish a presence in a thriving Maui community with a strong local economy and high tourist traffic. The property is classified as Retail and Office, specifically Executive Office and Commercial, within Hawaii County.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2013
Construction WOOD
Total area 4,090 SF
Lot 1.23 ac (53,544 SF)
Zoning code B-2
APN 2-6-005-033
UPID US24-0073801
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • To the Moon and Back Paia Clothing Store
  • Sagent Staygold Department Store
  • Maui CBD Collective @ Earth Love Treasures Paia (Bike/Boat/Book/etc) Store Pharmacy
  • Closed Department Store
  • Maui Crafts Guild Art Gallery Art
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
120 Hanna Hwy LLC · 13 yrs held
120 Hanna Hwy LLC
since 2013
7 recorded transactions
2022
Price N/A
2013
Price N/A
2004
Price N/A
2002
$5.0M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B-2 · Paia, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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