318 Market St Wailuku, HI 96793
- Turn key restaurants
- 1,298 SF
- 0.09 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 318 Market St
- Year built
- 1949
- Construction
- WOOD
- Lot size
- 0.09 lot acres
- Property size
- 1,298 SF
- Zone code
- B-2
- Property type
- Turn key restaurants
- APN
- 3-4-033-032
- APU
- 34033032
Description
This exceptional commercial property, situated in the heart of historic Wailuku, presents a unique investment opportunity. The building is currently configured as a fully operational restaurant, complete with a dedicated dining area and restroom facilities. The commercial kitchen is well-equipped and features essential components for efficient food service, including a fire suppression system, a powerful vent hood, a walk-in refrigerator, a walk-in freezer, and a grease trap. This ensures compliance with all necessary safety and operational standards. Beyond the restaurant space, the property offers significant additional value with a residential component. Located on the upper level, this area comprises two bedrooms and one bathroom, providing versatile options for owner occupancy, staff housing, or potential rental income. The 0.09-acre lot includes a paved parking area located behind the building, providing ample and convenient parking for patrons and residents. The property's prime location in Wailuku's historic district offers excellent visibility and accessibility, making it an ideal location for a thriving restaurant business. The combination of commercial and residential space makes this a truly unique and attractive investment opportunity. The property is priced at $998,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wailuku
- County
- Maui
- State
- Hawaii
- Longitude
- -156.504
- Latitude
- 20.8921
- CBSA code
- 27980
- CBSA name
- KAHULUI-WAILUKU, HI MICROPOLITAN STATISTICAL AREA
