Courtesy of Nathalie Mullinix Rlty Universal Inc.
Property Description
Best Mixed Use, Landmark & Iconic Maui, HI property with $25K/mo existing residential & commercial rental income. 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 plans 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 financing with best terms available. 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.
Open House
Property Details and Features
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Property Access
- Road frontage type: “County Road”
- Road surface type: “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
- Building area total: 1,236
- Living area: 1,236
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Listing
- ListingID: 408461
- Standard status: Active
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Location
- Country: US
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Lot
- 0.9274 acres
- 40,398 square feet
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Primary Bedroom
- Master bedroom level: Ground
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Property
- Topography: Level
- “None”
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Roof
- “Aluminum/Steel”
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Sewer
- “Cesspool”
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Taxes
- Tax annual amount: $6,792
- Tax year: 2025
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Utilities
- “Phone Connected”