Investment Overview
Fee simple industrial condominium located in Kihei Commercial Plaza, Building 1. Unit 115 consists of approximately 2,160 SF of permitted interior area, including approximately 1,080 SF ground level warehouse and 800 SF permitted mezzanine. An additional mezzanine area of approximately 280 SF exists; buyer to verify permits and compliance.
Positioned within the established Central Kihei industrial corridor, the property is zoned M-1 Light Industrial and is well suited for contractor operations, service related businesses, light manufacturing, warehousing, distribution, repair shop, and retail uses. The functional layout, clear warehouse space, and mezzanine component provide flexibility for a range of owner-user requirements. This unit also Includes 3 Parking Spaces which is a bonus as well.
Fee simple ownership offers long term cost control and equity creation in a supply constrained Maui industrial market. The asset also presents future leasing potential for investors seeking exposure to small bay industrial product, which remains limited in Kihei.
AOAO maintenance fees are approximately $650 per month and include water and trash service. Information deemed reliable but not guaranteed. Buyer to conduct own due diligence.
Investment Highlights
- Easy in and out industrial/flex space
- Zoned M-1 allowing for strong variety of uses
- Located in a desirable Kihei area
- Includes 2 Assigned Parking Spaces plus 3rd adjacent flex space in front of unit
- 2 Restrooms - Both Upstairs and Downstairs