1. Hawaii
2. Wailuku
3. 1005 Lower Main Street

1005 Lower Main Street, Wailuku, HI 96793

• 11,748 sqft

Property Description

4.8 CAP - Currently leased at a One year term, with an option to renew for an additional year. Home to Maui’s own Home Maid Bakery for over 35+ years. Rarely available 10,564 sq ft metal frame building with 23 feet ceilings siting on 0.721 acres (31,428 sq ft) (TMK 049) of land in Wailuku which includes the adjacent vacant land of 2.127 acres (61,242 sq ft) (TMK 048), zoned B-2 Business - Community & A-2 Apartment. Originally used and operated as a full-service bakery with industrial size walk in freezers, refrigerators, mixers ovens and commercial stainless-steel kitchen. Building consists of approximately 1,200 sq ft of existing retail space on the bottom floor with office space mezzanine directly above. HIGHLIGHTS • 200 solar panels 345 W (owned) producing 57.6 kw (AC) installed in 2017 reducing the existing electric bills. • Lower Main Street frontage (approximately 625 linear ft) • 15 paved parking stalls with additional parking on the adjacent vacant land SUMMARY • Offering Price: (2 parcels) $4,399,000 • 1005 Lower Main Street (SF): 10,564 (building) / 31,428 (land) TMK#'s (2)3-8-037-049 (B-2) • 955 Lower Main Street (SF): 61,242 (land) TMK#'s (2)3-8-037-048 (A-2)

Listing Status:

Active

Date Added:

August 1, 2024 at 05:00AM

Listing Office:

Five Star Realty, Inc. : (808) 382-6871

MLS ID:

202411370

Interior

• Flooring: ConcreteWood
• A/C: None

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Five Star Realty, Inc.