Courtesy of Nathalie Mullinix Rlty Universal Inc.
Property Description
Also listed as Commercial-For sale – MLS# 408462. Best Mixed Use, Turnkey business/residential complex, Landmark & Iconic Maui, HI property. $26K/mo. existing & diversified residential & commercial rental income with 5,000sf commercial space and 1800sf residential space currently leased with 100% occupancy. Multiple very profitable business opportunities grossing over $1.2mil/yr. Additional rental and business income being added. This property is way less than free!! Subdividable and CPRable. Exceptional, 360 deg views in perfect weather, very affluent Lower Kula area of $2-15mil homes. This growing area needs more business development with a huge upside potential in the near future. Destined to be a possible $40mil project-mixed use condos, medical plaza, hotel/restaurant, or Kula Town Center. Purchase now at a high cap rate and realize your future income ambitions with this unique offering in Paradise. Almost an acre, all utilities, 2 water meters, level and all useable. Over $150K in repairs/upgrades recently. Owner or SBA financing with best terms available. 1031 Exchange, Sale Leaseback, or Lease Option possible. More info/pics at Loopnet.com and Bizbuysell.com. Do Not Disturb businesses/tenants. Shown by appt only. Beware!! Vicious guard dog on site 24/7. You will not find a better, more lucrative deal Anywhere!
Open House
Property Details and Features
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Property Access
- Frontage Type: County Road
- Road Surface: Paved
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Bathrooms
- 1 total bathroom
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Bedrooms
- 2 total bedrooms
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Building
- Built in 1954
- Living area: 1236
- Living area units: Square Feet
- Construction Materials: Concrete
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Disclosures
- Property Disc Statement
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Floors
- Stone/Concrete
- Wood
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Listing
- Listing ID: 408461
- Standard Status: Active
- MLS Status: ACTIVE
- Property Subtype: Single Family Residence
- On market as of 2026-01-19
- 259 days on market
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Location
- MLS Area (Major): Kula/Ulupalakua/Kanaio
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Lot
- 0.9274 acres
- Topography: Level
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Property
- Mountain/Ocean
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Roof
- Aluminum/Steel
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Schools
- Elementary School: Kula Elementary
- Middle School: Samuel E Kalama Intermediate
- High School: King Kekaulike High
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Sewer
- Cesspool
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Taxes
- Parcel Number: 2230530370000
- Public Survey Section: 3
- Annual Amount: $6,792
- Assessed Value: $524,200
- Year: 2025
- Zoning description: Interim
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Utilities
- Phone Connected
- Water Source: Public