66-235 Kamehameha Hwy Haleiwa, HI 96712
- Commercial real estate
- 3,094 SF
- 0.96 lot acres
Current Use by Public Records
- SNOOPY'S SURF SHOP Haleiwa Store / General Store
- Paradise Souvenir and Gift Shop / Souvenir Store
- Hale’iwa No7 / Restaurant / Lunch Restaurant
Property Details for 66-235 Kamehameha Hwy
- Year built
- 1928
- Lot size
- 0.96 lot acres
- Property size
- 3,094 SF
- Property type
- Commercial real estate
Description
This exceptional 0.96-acre commercial property at 66-235 Kamehameha Highway in Haleiwa, Hawaii, presents a unique investment opportunity. The 3,094 square foot building currently generates a net operating income of $322,196, with the only owner expense being real property taxes. Six tenants, a mix of retail, food truck, and residential, provide stable income. The property's true potential lies in its size and zoning: it's the largest undeveloped business-zoned parcel on the North Shore, offering significant development possibilities. Its prime location boasts 150 feet of frontage on Kamehameha Highway, directly across from the North Shore's busiest shopping center, placing it in the heart of Haleiwa Town's thriving tourist area. This property offers a compelling combination of immediate income generation and substantial long-term growth potential, making it an ideal investment for those seeking a land bank or a development project in a high-demand location. The existing tenants provide a consistent revenue stream while development plans are formulated, minimizing risk and maximizing return. This is a rare opportunity to acquire a significant commercial property in one of Hawaii's most desirable locations.
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
- Haleiwa
- County
- Oahu
- State
- Hawaii
- Longitude
- -158.1035
- Latitude
- 21.58694
