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Property profile & analytics
OFF-MARKET
Commercial real estate

43 Hana Hwy Paia, HI 96779

900 SF 0.13 ac lot Built 1919
Entity Owned 22-yr Hold Free & Clear
Property ID
US24-0111255
Property summary
AI-generated overview

This exceptional retail property, located at 43 Hana Highway in Paia Town, Maui County, offers a unique blend of old-world charm and modern amenities. Situated at the beginning of Paia Town directly across from a public parking lot, this single-tenant storefront boasts incredible street exposure and high visibility. The 3,314 square foot building features a captivating historic plantation remodel throughout, seamlessly blending original character with contemporary updates. Retail space is available on both floors, providing ample room for a variety of businesses. Additional features include a functional kitchen area, a relaxing lanai, and newly installed split air conditioning units for optimal climate control. The property also includes private parking, a significant advantage in this desirable location. The monthly rent is $13,000, with an operating expense (OPEX) rate of $2,500 per month. This turnkey opportunity presents a rare chance to establish a thriving business in the heart of Paia's vibrant community, benefiting from its strong tourism and local clientele. The combination of prime location, historic character, and modern conveniences makes this property an exceptional investment. The building's size and layout offer flexibility for various retail concepts, and the included kitchen area opens up possibilities for food-related businesses. The lanai provides additional usable space, perfect for outdoor seating or display. The ample parking further enhances the property's appeal to both customers and employees.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1919
Construction FRAME
Total area 900 SF
Lot 0.13 ac (5,670 SF)
Zoning code INTERIM
APN 2-6-002-012
UPID US24-0111255
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
Current use
Occupant on record · Public records
  • Pa'ia Acai (Bike/Boat/Book/etc) Store Take-out & Catering
  • Waikomo Shave Ice Bakery Take-out & Catering
  • Mick's House of Fleetwood Clothing Store
  • Puka Puka Boutique Consultant
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
Paia Beach LLC · 22 yrs held
Paia Beach LLC
since 2004
1 recorded transaction
2004
$2.0M
Zoning & alternative use
INTERIM · Paia, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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