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Property profile & analytics
OFF-MARKET
Retail space

2511 Kihei Rd Kihei, HI 96753-6277

1,761 SF 0.88 ac lot Built 1973
Entity Owned 9-yr Hold Free & Clear
Property ID
US24-0133568
Property summary
AI-generated overview

This exceptional turnkey restaurant opportunity in Kihei, Maui, presents a rare chance to acquire a thriving business. Located at 2511 S Kihei Rd, 96753, this fully built-out and equipped establishment boasts 3,382 square feet across two stories within a larger 38,439 square foot lot (APN: (2) 3-9-020-002). The property benefits from a prime location, directly across the street from the ocean, offering stunning sunset views and ample on-site parking. The restaurant operates under a NNN lease, expiring December 31, 2025, with a current monthly lease rate of $2.08 per square foot and operating expenses of $1.71 per square foot. A 7% percentage rent is also in place. The property is zoned BR - Resort Commercial, making it ideally suited for its current use. The asking price for this established business is $295,000. This is a business asset sale only

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1973
Construction WOOD
Total area 1,761 SF
Lot 0.88 ac (38,439 SF)
Zoning code BR
APN 3-9-020-002
UPID US24-0133568
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
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
La Bahia 1993 INC · 9 yrs held
La Bahia 1993 INC
since 2017
7 recorded transactions
2017
Price N/A
2017
$2.5M
2007
$1.3M
2003
$17,700
2001
$1,000
2001
$11,800
2000
$3.1M
Zoning & alternative use
BR · Kihei, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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