$3,500,000

380 Hookahi St, Wailuku, HI 96793

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.44acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

Located in the heart of Wailuku Industrial Park, this 10,342 sq. ft. (rentable area) commercial property offers excellent visibility and convenient access, just minutes from Kahului Airport and nearby government offices. Zoned M-1 Light Industrial, the property allows for a wide range of commercial and light industrial uses, including warehousing, distribution, manufacturing, service businesses, and office operations. This flexible zoning makes the property ideal for both owner-users and investors seeking long-term versatility and income potential. The building includes approximately 7,917 sq. ft. of ground-floor space featuring warehouse, office, and showroom areas, with an additional 2,425 sq. ft. of office space on the second floor. It is currently leased to a diverse mix of tenants, including a dry-cleaning business, yoga studio, hula studio, and hair salon, generating a net operating income of $144,950 per year. A 75-kilowatt photovoltaic system provides additional annual income of approximately $24,000. With 900 amps of electrical service and a 1 ¼” water meter, the building is well-equipped to support high-demand users. Currently, 1,060 sq. ft. of office space is available for lease, offering an opportunity for additional rental income or owner occupancy. This is a rare chance to own a high-performing, multi-tenant property in one of Maui’s most accessible industrial areas.

Listing Status:
Active
Listing Office:
Realty 1st Inc : 808-249-2424
Listing Agent:
Nathan K Kwee : 808-357-8007
MLS ID:
406344
  • A/C: None

This listing courtesy of Nathan K Kwee, Realty 1st Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lihikai Elementary School

335 S Papa Ave, Kahului, HI, 96732

Grades PK-5

1.71 miles away

I

Iao Intermediate School

260 S Market St, Wailuku, HI, 96793

Grades 6-8

1.69 miles away

H

Henry Perrine Baldwin High School

1650 Kaahumanu Ave, Wailuku, HI, 96793

Grades 9-12

1.05 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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