3135 Lower Kula Rd, Kula, HI 96790

$4,999,000
2
BD
1
BA
1,236
SqFt

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List Price
$4,999,000
MLS #
408461
Days on Market
189
Status
ACTIVE
Type
Single Family Residential
Bedrooms
2
Living Area
1,236
Land Area
40,398
Acres
0.93
Land Tenure
Fee Simple
Neighborhood
Kula/Ulupalakua/Kanaio

Property Description

Best Mixed Use, Turnkey business/residential complex, Landmark & Iconic Maui, HI property. $26K/mo. existing & diversified residential & commercial rental income with 5,000sf commercial space and 1800sf residential space currently leased with 100% occupancy. Multiple very profitable business opportunities grossing over $1.2mil/yr. Additional rental and business income being added. This property is way less than free!! Subdividable and CPRable. Exceptional, 360 deg views in perfect weather, very affluent Lower Kula area of $2-15mil homes. This growing area needs more business development with a huge upside potential in the near future. Destined to be a possible $40mil project-mixed use condos, medical plaza, hotel/restaurant, or Kula Town Center. Purchase now at a high cap rate and realize your future income ambitions with this unique offering in Paradise. Almost an acre, all utilities, 2 water meters, level and all useable. Over $150K in repairs/upgrades recently. Owner or SBA financing with best terms available. 1031 Exchange, Sale Leaseback, or Lease Option possible. More info/pics at Loopnet.com and Bizbuysell.com. Do Not Disturb businesses/tenants. Shown by appt only. Beware!! Vicious guard dog on site 24/7. You will not find a better, more lucrative deal Anywhere!

Additional Information

Island
Maui
Utilities
Phone Connected
View
Mountain/Ocean
Lot Size
40,398
Neighborhood
Kula/Ulupalakua/Kanaio
Year Built
1954
Sewer
Cesspool
Annual Property Tax
$6,792
Water
Public
Waterfront
None

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Calculator source: Real Geeks

Listing courtesy of Nathalie Mullinix Rlty Universal Inc.

This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. Copyright, 1995-2015, REALTORS® Association of Maui, Inc. All Rights Reserved.

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