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$ 3,500,000
Est. payment | /mo
4,965 Sqft Lot
$ 3,500,000
Est. payment | /mo
4,965 Sqft Lot
Key Details
Property Type Commercial
Sub Type Commercial-For Sale
Listing Status Active
Purchase Type For Sale
MLS Listing ID 410559
HOA Y/N No
Annual Tax Amount $8,331
Tax Year 2026
Lot Size 4,965 Sqft
Acres 0.114
Property Sub-Type Commercial-For Sale
Property Description
Unique income-producing property in the heart of Central Wailuku, renovated around 2010, zoned Business Multi-Family (MRA), and currently in the process of pursuing hotel approval. The property offers a versatile boutique configuration with 8 units and multiple income streams. Two units are currently rented month-to-month at $1,700/month each, while six units are utilized as transient accommodations at approximately $175/day. The property also includes approximately 576 sf of office space offering potential for additional income. This mix provides both consistent residential income and short-term lodging potential. Ideally positioned in Central Wailuku with convenient access to shopping, dining, business services, and major Maui destinations. The existing income, boutique character, MRA zoning, and ongoing hotel process create an attractive opportunity for an investor or hospitality operator looking to establish or expand a lodging concept in a central Maui location. The sale includes the roadway/access serving the property, providing important ownership and access. The owner currently leases the adjacent lot for parking at $562/mo.
Location
State HI
County Us
Area Wailuku
Interior
Cooling Room A/C
Exterior
Waterfront Description None
View Y/N Yes
View Mountain(s)
Building
Story 2
Listed by Realty 1st Inc • kwee@realty-1st.com
Nearby Locations
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