158 N Market St Wailuku, HI 96793

Property Details for 158 N Market St

Year built

1937

Lot size

0.15 lot acres

Zone code

R-1

Property type

Commercial real estate

APN

3-4-017-021

APU

34017021

Description

This exceptional 0.21-acre vacant lot presents a unique investment opportunity in the heart of Wailuku, Hawaii. Located at 158 N Market St and encompassing two tax map keys (TMK 2-3-4-17-22 & 2-3-4-17-21), this 9,306 square foot property is zoned for both commercial and multi-family development, making it ideal for a variety of projects. Situated within Wailuku's redevelopment zone, this lot benefits from the town's thriving economy and strong demographics. Wailuku boasts a population of approximately 17,523 residents, with a median household income of around $93,908. Key employment sectors include retail, healthcare, accommodation, public service, and education, creating a robust and diverse market. The property's location in old Wailuku Town offers easy access to local amenities and businesses, further enhancing its appeal. This is a rare chance to acquire a sizable lot in a rapidly growing area with significant potential for substantial returns. The property's dual zoning allows for flexibility in development plans, catering to a wide range of investment strategies. Don't miss this opportunity to secure a prime piece of land in the dynamic and culturally rich community of Wailuku. The asking price is $695,000.