161 Wailea Ike Pl Ste A101 Kihei, HI 96753-6502

Property Details for 161 Wailea Ike Pl Ste A101

Lot size

6.39 lot acres

Zone code

2

Property type

Commercial real estate

APN

2-1-008-103-0001

APU

210081030001

Description

This exceptional 800-square-foot commercial condominium in the prestigious Wailea Town Center offers a rare opportunity for business ownership in Kihei, Maui. Located in Unit A-102, this property boasts prime visibility with exposure on two facades – one facing all incoming traffic to the center and the other directly across from the Wailea Wine store. Benefit from excellent neighboring businesses, including Dr. Martin Dermatology, Wailea Suites, and Matteo's Osteria, ensuring high foot traffic and brand synergy. The unit features high-end finishes such as large-format polished stone-like porcelain tile floors and central air conditioning. A functional layout includes an en-suite bathroom, a private interior office, and a conference room, providing ample space for various business needs. The property also includes a solar electricity system, offering potential energy cost savings. This is a unique chance to own a piece of Maui's thriving commercial real estate market, with the added benefit of potential tax advantages through depreciation write-offs. The seller is open to participating in an IRC 1031 exchange and will consider a leaseback arrangement. The property sits on a 4.16-acre lot. The asking price is $1,045,000.

Location Insight

City

Kihei

County

Maui

State

Hawaii

Longitude

-156.435

Latitude

20.6889

CBSA code

27980

CBSA name

KAHULUI-WAILUKU, HI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments