Commercial Land for Sale in Kihei, Hawaii

161 Wailea Ike Pl Kihei, HI 96753

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$1,045,000
4.16 acres
Active sale$50k dropEst $7,851/mo

Make Owning Your Own Maui Business Location a Reality! You or your clients might find the availability of this Wailea Town Center 800 SF Commercial Condominium an exciting & rare opportunity, as I did back in 2005. I have always owned the Real Estate for the LOCATIONS of my businesses over the last 40 years! Having the Peace of Mind, control, & security of determining one's own fate, regarding a Business Location cannot be underestimated! Most business owners on Maui are Tenants & paying other people's mortgages. The benefit of writing off the annual depreciation on your own business property may be an excellent tax advantage. Historically, the opportunity for property appreciation on Maui over time has proven itself time & again. The opportunity to balance income, rents, & overhead can be a useful tax planning strategy. As a business owner, having these opportunities on Maui, let alone in Wailea, may make sense to you or your clients. Unit A-102 is located immediately to the Right, on the South side, as you pass through the entrance columns at Wailea Town Center. I had the first pick of these units in 2005 & jumped on, arguably, 2 of the best locations. Unit A-102 offers prime exposure on 2 facades; 1 facing all incoming traffic at WTC & the other immediately facing the entrance to the revered Wailea Wine store. Excellent traffic-generating neighbors include Dr. Martin Dermatology, Wailea Suites, Hansen Realty, & Matteo's Osteria, along with many other well-established Maui businesses. Large format polished stone-like porcelain tiled floors, central A.C., an en-suite bathroom, an interior private office, a conference room, & solar electricity are worth noting. Listor is Owner. Buyer to participate in Seller's IRC 1031 Exchange & to Honor Seller's leaseback considerations.

Location

Street Address
161 Wailea Ike Pl
Elevation
194 feet
Coordinates
20.6889, -156.4353

Property details

MLS Number
RAM 403079
Date Posted

Resources

This 4.16-acre property is located at 161 Wailea Ike Pl in Kihei, HI 96753 with latitude 20.6889 and longitude -156.4353. The property is currently available for sale for $1,045,000 with a price per acre of $251,262. Listing data is sourced from Realtors Association of Maui # 403079.

Verify sale details at the property source or contact Maui Real Estate Advisors at (808) 875-4444.

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Updated . Checked 1 hour ago. Parcel data by Regrid.

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