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    1955 Main St Wailuku, HI 96793-1743
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    Property profile & analytics

    1955 Main St Wailuku, HI 96793-1743


    • Office buildings
    • 2,482 SF
    • 0.28 lot acres
    Off-Market
    Last Sale Nov 1, 2024
    Property ID
    US24-0019644
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $680,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Subway / Restaurant / Take-out & Catering
    • Human Services Department / Social Service Agency / Charitable Organization
    • Edward Jones - Financial Advisor: Allen Inda, CFP®|ChFC®|AAMS™ / Financial Advisor

    Property Details for 1955 Main St

    Year built
    1991
    Construction
    WOOD
    Lot size
    0.28 lot acres
    Property size
    2,482 SF
    Zone code
    B-2
    Property type
    Office buildings
    APN
    3-4-011-010
    APU
    34011010

    Description

    This exceptional commercial property, located at 1955 Main St, Wailuku, HI 96793, offers a rare opportunity to lease office space in the heart of Wailuku Town. The property consists of two buildings totaling 8,193 square feet, situated on a 12,269 square foot lot. Currently, there are two suites available for lease, ranging in size from 500 to 1,354 square feet, offering a combined total of 1,854 square feet of vacant space. Built in 1991, this property features both executive and traditional office spaces, ideal for a variety of businesses. The property boasts convenient amenities including private restrooms and ample parking, both on-site and off-site. Its central location provides easy access to State and County offices, courthouses, a variety of shops, and numerous restaurants. The operating expense (OPEX) is $0.91 per square foot per month. The property's APN is (2) 3-4-011-010-0000, and is located in Maui County. This is an excellent opportunity to establish a presence in a thriving Maui County business district.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $880,000
      6.5%
      $810,000
      7%
      $750,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $676,000
      Market price range: $567k - $962k
      AI Estimate
      $554,000
      Market price range: $324k - $864k
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $730,000
      Current use
      WAREHOUSE, STORAGE
      $670,000
      Change: -8% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Wailuku
    County
    Maui
    State
    Hawaii
    Longitude
    -156.501
    Latitude
    20.8877
    CBSA code
    27980
    CBSA name
    KAHULUI-WAILUKU, HI MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,992
    $773,600
    $78,750
    $852,350
    -
    $773,600
    $78,750
    $852,350
    More about this property
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