Mixed-use property with both residential and commercial rentals, and an active auto shop business all included in the sale. Seller would consider a development partner or an outright sale. The property is undergoing expansive growth project opening up significant opportunity in the development space: 1. Working with Rob Cole, the Owner has applied for B-CT (Business Country Town) rezoning. Currently zoned Interim, and County of Maui Master Plan is Commercial. 2. Working on subdividing the Property into 2 TMK's and then CPR'ing the two resulting properties with Brook Starr/Tom Welch. 3. Upgrading the current 1.0" water meter to 2.0". The Owner is currently #71 on the list as of 1/1/2021, and based on historic progress estimates Feb-June of 2022. See Docs Section for Approved Property Uses of these upgrades. Low-density, lush Kula setting, 360-degree spectacular views: sunsets over both Pacific Ocean coasts, West Maui Mountains, and sunrises over Haleakala Crater. La Provence French Bakery/Restaurant and Kula True Value Hardware neighbors, plus a gated luxury residential development Kula I'O 1/3 mile away. Buy the property and rent out the shop space for additional income, buy the shop only, or buy both and live-work-play on Maui from your home. Owner financing possible with the right deal. Financial and Corporate Records available. SHOWINGS: Owner and Tenant Occupied, successful and active Business, NO DROP-INS - please contact your favorite Realtor for an Appointment.
Listing courtesy of Hawaii Life (KAP).
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